Fred Wilson
Fred Wilson
Fred Wilsonis an American businessman, venture capitalist and blogger. Wilson is the co-founder of Union Square Ventures, a New York City-based venture capital firm with investments in Web 2.0 companies such as Twitter, Tumblr, Foursquare, Zynga, Kickstarter, and 10gen...
NationalityAmerican
ProfessionBusinessman
Date of Birth20 August 1961
CountryUnited States of America
actress avenue cancer cause change continued cure designer diane entertainment fifth finding fund future help hilary incredible industry innovative partners research seventh shopping support testing thrilled year
Everyone here at Saks Fifth Avenue is thrilled to be contributing to this incredible cause in this, our seventh year of continued support in finding a cure for all women's cancers. With the help of our partners Mercedes-Benz USA, the Entertainment Industry Foundation's Women's Cancer Research Fund, designer Diane von Furstenberg, and actress Hilary Swank, this year's shopping event will fund innovative cancer research that will revolutionize diagnostic and testing procedures, and change the future of all women's cancers.
years careers long
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.
strong years long
Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max.
dad years parent
When my dad was in Vietnam, we lost a parent for a year. Thank God we didn't lose a parent for good.
correction
It's not a correction ? it's a crash.
business degree figure great per run saying six
I'm not saying M.B.A.s can't be great entrepreneurs. They can. But you don't need a degree to figure out it's costing you $5,000 per month to run your business, so you need $30,000 to keep it going for six more months.
city create customers fifth gift great holidays incredible innovation thrilled tradition
We have energized Saks Fifth Avenue's tradition of celebrating the holidays with excitement, innovation and great style. We are thrilled to have partnered with Philips to create this incredible break-through program, as a gift to our customers and the city of New York.
businesses legacy pass sons
Businesses are a legacy we can pass on to our sons and daughters. We need our own businesses to have more of a say-so in our communities.
area bear branches capital cleansing companies decide grow horrible portfolio save trim venture wounded
All of us in the venture capital area are going through a triage, where we have to decide which portfolio companies are so wounded we will never save them, ... As horrible as it is to go through that process, it's a cleansing process. To have some branches grow and bear fruit, you have to trim others.
david
David Rockefeller is 82 years old. There's no way he could find that.
activity add blog blogging generally morning time
I generally blog between 5:30 A.M. and 7 A.M. I will from time to time add something during the day, but for the most part blogging is an early morning activity for me.
great
One of the great things about young entrepreneurs is that they don't know that something can't be done. So they try something that's so audacious and usually end up pulling it off.
capital capturing public venture
Venture capital is about capturing the value between the startup phase and the public company phase.
bit business firm until venture worked
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.