New 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 WilsonThe Internet is a computing platform built on top of core technology. Applied technology is what gets built on top of that: It's Web services.
Fred WilsonYou simply can't be tentative in a startup. You have to go for it at every chance you get. And if the leader of the organization is anxious, his or her fear pervades the organization. Everything comes from the top in a company. So if you are starting a company or building one, face your fears and move past them. It's critically important to your company.
Fred WilsonAll markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.
Fred Wilson