Fred Wilson Comes to HBS
Fred Wilson came to my HBS class (http://bit.ly/YkY42T) to talk about startups, the VC industry and hot sectors. I had the class "live tweet" the entire 80 minute session. Below is the stream, capturing some of his terrific insights. Enjoy!
Next 20 years: Could VC be crowdfunded? @fredwilson #HBSLTV @kickstarter "Software could eat the VC business." @pmarca
Change requires intentionality. @fredwilson champions conscious effort to seek out women-founded startups to evaluate for investment #hbsltv
Interesting idea: crawl and analyze GitHub APIs as a leading indicator of which platforms have the most traction. @fredwilson #HBSLTV
Fireside chat @fredwilson @bussgang "Have a courageous vision that you won't let users get in the way of!" #HBSLTV pic.twitter.com/B9KGjVgqrc
Using (1) key influencers in (2) strategic cities is a great way to propagate from initial PMF -@fredwilson in #HBSltv (@Kitchensurfing did)
.@fredwilson: we evaluate 1st time founders based on the product theyve created. Serial entrepreneurs we back pre-product. @bussgang #hbsltv
Hey VC, give us some money now and we will figure out monetization later? Only flies "if you have traction" #HBSLTV @fredwilson
Hey kids - don't be #bankers, go start companies! US #economy can support lot more #entrepreneurship @fredwilson #HBSLTV- Similar to Buffett, @fredwilson is looking to exploit the mkt by finding women that have been overlooked #HBSLTV #LeanIn @sherylsandberg
"User feedback: make it tactical not strategic" says @fredwilson #HBSLTV- Ha @fredwilson is a real smart dude, feeling less bad about @HourlyNerd's flaming train wreck of a pitch meeting w/ him #HBSltv @bussgang
Best serial entrepreneurs are tenacious,company builders. High sense of urgency.Won't stick w/ smthg that isn't working. @fredwilson #HBSLTV
Catch-22: need more proof of product and traction to back 1st-time founders #HBSLTV @fredwilson
How to get funded if you are a first time founder: Build something good, get people to use it. @fredwilson #HBSLTV
