Fred Wilson

The more entrepreneurs in the world that are getting their ideas financed, the more great companies there are going to be that we can all invest in. ”

The venture business is a bit of an apprenticeship business, so the firm I worked for didn't let me make an investment until I was 30. That was probably a very smart thing. ”

My venture investing career has three phases, all roughly 6-8 years long. The first, at Euclid, was software to Internet. The second, at Flatiron, was Internet to bubble. And the third, at USV, has been web 2 to mobile. I have always used a new firm to denote a new investment phase for me. Throw away the old. Start with the new. ”

People already love to play casual games. But when you take a casual game and stick it inside a social network, it becomes way more exciting. ”

Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook. ”

Games are the most social of all things on the web. ”

I'm really interested in the intersection between reputation, identity, and knowledge. ”

Startups 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. ”

Given New York City's cultural diversity, it has always attracted creative people. ”

Equity capital is expensive. Every time you do a raise, you dilute. ”