It's upsetting to me that you have to be a millionaire to invest in your friend's start-up.
Fred WilsonMany artists stick to making and hire a manager to focus on their business. Artists that build websites and mobile apps can do that, too.
Fred WilsonStartups are rapidly changing systems. If you use an annual review cycle, you aren't getting feedback at the same pace that you need to adapt and change the business.
Fred WilsonIf you have an idea that you can't get out of your head, do a startup. Otherwise join a startup.
Fred WilsonNew York's niche is content, and content is becoming more valuable. Just think about what is more valuable: MTV or the cable system that you use to get MTV? Howard Stern or the radio station you use to listen to him? Ultimately, technology becomes a commodity, and content - real, true branded content - becomes more valuable.
Fred Wilson