Money as Information
Capital allocationTreat money supply as an informational product rather than a physical asset to understand its future evolution.
1 more supporting quote is in the member records.
Hall of Masters
Fred Wilson
프레드 윌슨
Investing and capital allocationBorn 1961
Co-founder of Union Square Ventures; daily blogger at AVC
1,102 records in all
- Principles 433
- Episodes 218
- Quotes 451
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Principles
65 basic records of 433
Principles are our summary of their public statements.
Prioritize Signal Over Noise
StrategyArtificial constraints force users to be more thoughtful about what they share, which increases the overall quality and engagement of the platform.
1 more supporting quote is in the member records.
Protect your domain authority
StrategyOnce a domain gains significant search engine authority, changing it can be risky because it anchors your traffic.
1 more supporting quote is in the member records.
Analyze ecosystem similarities
StrategyWhen a new platform emerges, look at previous successful ecosystems to predict patterns in category dominance and virality.
3 more supporting quotes are in the member records.
Leverage Existing Networks
TechnologyTrue innovation happens when traditional tools, like phones, are treated as standard nodes on the internet network.
3 more supporting quotes are in the member records.
Small Enhancements Create Stickiness
ProductMinor interface improvements that simplify a frequent action can become essential features that prevent users from switching to competitors.
2 more supporting quotes are in the member records.
Prioritize family over entertainment
LifeEven when attending high-profile events, personal and family responsibilities like school meetings should come first.
1 more supporting quote is in the member records.
Centralize communication for visibility
ProductivityMove coordination out of private email threads and into shared pages so the entire team can contribute and stay informed.
2 more supporting quotes are in the member records.
Prioritize ease of use
TechnologyChoose tools that allow users to create and organize information in minutes rather than complex systems that require extensive training.
2 more supporting quotes are in the member records.
Separate Infrastructure From Interface
ProductA company can provide a superior backend service while allowing third parties to build better user interfaces.
2 more supporting quotes are in the member records.
Match the network to your peers
MarketingChoose an advertising network that already represents the most successful players in your specific niche or community.
Supporting quotes
I think this blog will make a lot more with CPM advertising and I think FM is the best way to do that.
Source Fred Wilson Who Are You And, 2006 (opens in a new tab)
1 more supporting quote is in the member records.
Use Visuals to Spark Thought
WritingStaring at a single image can lead to deeper metaphors and reflections on complex topics like society or business.
1 more supporting quote is in the member records.
Create Three-Way Value
StrategyA successful platform ecosystem must provide value to the service provider, the user, and the merchant simultaneously.
3 more supporting quotes are in the member records.
Question unnecessary friction
StrategyA leader should question complex processes that create barriers to participation and look for ways to use existing infrastructure to simplify them.
Supporting quotes
Maybe I am naïve about stuff like this, but I really don't understand why we can't have a one person, one vote system that works relatively simply.
Source Fred Wilson Voter Fraud, 2004 (opens in a new tab)
1 more supporting quote is in the member records.
Prioritize Trends Over Absolute Numbers
StrategyFocus on the direction and movement of data points over time rather than just the current absolute value.
2 more supporting quotes are in the member records.
Mind your audience
LeadershipA leader should be mindful of their language and behavior depending on the setting and the people they are with.
1 more supporting quote is in the member records.
Balance transparency with privacy
WritingA public figure should consciously decide which parts of their personal life to keep private even if they are generally transparent.
1 more supporting quote is in the member records.
Distinguish Connectivity from Value
StrategyProviding the connection to a new technology is a necessary business, but the massive winners are usually the ones who build unique business models on top of that connectivity.
Supporting quotes
It's a wide open (and I mean OPEN) playing field where anyone can build and deploy a service without creating a lot of infrastructure to support it.
Source Fred Wilson Sipping From A, 2004 (opens in a new tab)
1 more supporting quote is in the member records.
Build buzz with free samples
MarketingGive away core value for free initially to build a massive audience before launching a paid product.
1 more supporting quote is in the member records.
Monetize by Sending Money
PricingInstead of charging developers to access an API, companies should share revenue with them to incentivize adoption and growth.
Supporting quotes
Usually the issue in this situation is the api is too restrictive and doesn't allow developers to do enough with it.
Source Fred Wilson Apis In The Late Afternoon, 2009 (opens in a new tab)
2 more supporting quotes are in the member records.
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