Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible. Fred Wilson More Quotes by Fred Wilson More Quotes From Fred Wilson There is a difference between hiring a CEO and turning over control of the business. Fred Wilson hiring ceo differences Marketing is for companies who have sucky products. Fred Wilson company marketing products The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore. Fred Wilson technology cities country Given New York City's cultural diversity, it has always attracted creative people. Fred Wilson cities new-york people Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook. Fred Wilson adoption games clever Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web. Fred Wilson unstoppable juggernaut people I'm a free speech bigot. I don't like censorship; I just don't think it's a good thing. Fred Wilson censorship speech thinking It's upsetting to me that you have to be a millionaire to invest in your friend's start-up. Fred Wilson millionaire upset Board meetings should not be for the benefit of the board. They should be for the benefit of the CEO and the senior team. Fred Wilson senior boards team Being an entrepreneur is hard. Having supportive and caring investors helps. Fred Wilson supportive entrepreneur caring All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles. Fred Wilson exaggerated venture thinking Most adults I know start their Internet session at Google, and most kids I know start their Internet session at either Facebook or MySpace. Fred Wilson google adults kids Equity capital is expensive. Every time you do a raise, you dilute. Fred Wilson equity raises expensive 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 skype long kids Games are the most social of all things on the web. Fred Wilson playing-games social games Not acknowledging that beauty is complex-that's the problem. I enjoy making it complex for people, because that's my world. Fred Wilson problem people world The strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads. Fred Wilson user-experience units strategy I believe the mobile OS market will play out very similarly to Windows and Macintosh, with Android in the role of Windows. And so if you want to be in front of the largest number of users, you need to be on Android. Fred Wilson play numbers believe I don't like to talk about myself. I like to talk about stuff that's happening, stuff that's going to happen, and the people who are going to make it happen. Fred Wilson happens stuff people 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 sacrifice home country