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Fred Wilson Quotes


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Quotes by Fred Wilson

Showing 31-40 of 64 Quotes by Fred Wilson

Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And customers will help debug and improve the quality of the product.

~Fred Wilson

Topics: Also Business Customer Customers Equity Finance Financing First Fit Great Great Way Help Improve Many Market Other Product Quality Reasons Something Than Want Way Will You Your

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The most common way customer financing is done is you sell the customer on the product before you've built it or before you've finished it. The customer puts up the money to build the product or finish the product and becomes your first customer. Usually the customer simply wants the product and nothing more.

~Fred Wilson

Topics: Becomes Before Build Built Common Customer Done Financing Finish Finished First Money More Most Nothing Product Puts Sell Simply Up Wants Way You Your

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It takes great salesmanship to convince a customer to buy something from you that isn't built or isn't finished.

~Fred Wilson

Topics: Built Buy Convince Customer Finished Great Salesmanship Something Takes You

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

~Fred Wilson

Topics: Capital Equity Every Every Time Expensive Raise Time You

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There are so many startups out there raising money. I don't think this is a bad thing. It's a good thing. Entrepreneurship is in vogue. Innovators are innovating. Makers are making.

~Fred Wilson

Topics: Bad Bad Thing Entrepreneurship Good Good Thing Innovators Makers Making Many Money Out Raising Startups Thing Think Vogue A Good Thing

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Being an entrepreneur is hard. Having supportive and caring investors helps.

~Fred Wilson

Topics: Being Caring Entrepreneur Hard Having Helps Investors Supportive

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Skyping with your spouse works well enough, but apparently it is hard to get the kids to hang out on Skype for long.

~Fred Wilson

Topics: Apparently Enough Get Hang Hard Kids Long Out Skype Spouse Well Well Enough Works Your

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When my dad was in Vietnam, we lost a parent for a year. Thank God we didn't lose a parent for good.

~Fred Wilson

Topics: Dad God Good Lose Lost Parent Thank Thank God Vietnam Year

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Not only do you have to put yourself in harms way in service of your country, you have to leave your families at home. It is a great sacrifice.

~Fred Wilson

Topics: Country Families Great Home Leave Only Put Sacrifice Service Way You Your Yourself

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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.

~Fred Wilson

Topics: Adapt Annual Business Change Changing Cycle Feedback Getting Need Pace Rapidly Review Same Startups Systems Use You

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Biography

Nationality: American

Type: Businessman

Born: August 20th, 1961

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