AVC by Fred Wilson



Musings of a VC in NYC


  • Now
    Time Shift
    on AVC by Fred Wilson on Jan. 28, 2015, 2:17 p.m.

    The Gotham Gal and I are on the west coast for a while, escaping the NYC winter now that our kids are all out of the house. That means this blog, which normally gets updated around 5-7am eastern will get updated around 5-7am pacific this winter. We will resume our regularly scheduled programming when NYC […]

    Community Ownership Of Internet Applications and Services
    on AVC by Fred Wilson on Jan. 27, 2015, 1:19 p.m.

    I kicked off the second topic of the week discussion on usv.com today with a post about community ownership of Internet applications and services. If you want to read the post and/or join the discussion, go here and do that. Here’s a teaser to get you interested in doing that: With more and more web […]

    More On Seed Rounds
    on AVC by Fred Wilson on Jan. 26, 2015, 1:59 p.m.

    There was a good discussion in the comment threads to yesterday’s post. This comment from Rick made me think a follow-up post would be helpful. Seed, Later Stage, etc. all mean different things to different people. That’s where the confusion comes from. I wrote a post explaining how we think about seed last June. Here’s […]

    Some Thoughts On Seed Investing
    on AVC by Fred Wilson on Jan. 25, 2015, 2:01 p.m.

    We (USV) raised a new venture fund at the start of last year and started investing it in the spring of 2014. It is called USV 2014. We have made six investments in it so far and five of them are seed investments. That’s a very high ratio for USV and we do not expect […]

    Feature Friday: Back Up iPhoto To Dropbox
    on AVC by Fred Wilson on Jan. 23, 2015, 2:25 p.m.

    The Gotham Gal moved from an old macbook air to a new one about a year ago. When she moved all of her files, configurations, and settings from the old macbook to the new one, somehow her iPhoto folders didn’t come over correctly. She was missing a bunch of photos on her new laptop and […]

    Deep Web Marketplaces
    on AVC by Fred Wilson on Jan. 22, 2015, 10:54 a.m.

    Last week Joel sent everyone at USV an email outlining his journey through and exploration of the Dark Web which ultimately resulted in a purchase of a pair of boots for his girlfriend. Jonathan replied to all with “this is the best thing I’ve read on the Internet this year” to which I replied “except […]

    A Lens Into The Future Of Enterprise Software
    on AVC by Fred Wilson on Jan. 21, 2015, 2:53 p.m.

    I’ve been working with our portfolio company Work Market for four years now. It’s been a real learning experience for me as enterprise and SAAS has never been my long suit. We were attracted to Work Market because, as their name implies, they use a marketplace model to help enterprises get work done. Specifically, they […]

    Five Changes Being Driven By Zero Marginal Cost
    on AVC by Fred Wilson on Jan. 20, 2015, 3:16 p.m.

    My partner Albert gave this ten minute talk yesterday at DLD

    The Tell Of The Proprietary First Movers
    on AVC by Fred Wilson on Jan. 19, 2015, 11:42 a.m.

    I spent some time today on the new usv.com. We launched it on New Year’s Day and then pushed another rev of it last week. It’s pretty damn good, if I must say so myself. Anyway, I read two posts back to back. Joi Ito’s post comparing the early days of the Internet to the […]

    Topic Mining AVC
    on AVC by Fred Wilson on Jan. 18, 2015, 1:04 p.m.

    So I’m on sitting on the couch waiting to go out to dinner with the Gotham Gal and friends last night, and wasting time by scrolling through Twitter and I came across this tweet: New Blog Post: Mining a VC http://t.co/BKJr43xhzq | Topic Model Analysis on Fred Wilson’s blog posts over more than 11 years! […]

    Video Of The Week: The Berlin Seedcamp Discussion
    on AVC by Fred Wilson on Jan. 17, 2015, 1:30 p.m.

    On the same day that Brad and I did our Berlin talk, I spent an hour with Seedcamp during their Berlin Seedcamp Week. I chatted on stage with Dave Haynes, who before Seedcamp was at our portfolio company SoundCloud. So we had a lot to talk about.

    Feature Friday: US Dollar Wallet
    on AVC by Fred Wilson on Jan. 16, 2015, 10:48 a.m.

    My colleague Joel told me he doesn’t own any bitcoin right now. Instead he has a “USD Wallet” on Coinbase and when he needs to spend or send bitcoin, he just does that out of his USD wallet. So I decided to set one up myself. I now have three accounts on Coinbase. A bitcoin […]

    The Canvas Spindown
    on AVC by Fred Wilson on Jan. 15, 2015, 10:59 a.m.

    Our portfolio company Canvas made the decision to shutter operations early last year. But there is a bit more to entirely dissolve a company. Chris Poole, the founder of Canvas, describes the remaining work he had to do to entirely wind things down in this post. Chris is a special person. Working with him has […]

    The Reboot Podcast
    on AVC by Fred Wilson on Jan. 14, 2015, 10:38 a.m.

    A few weeks ago Jerry Colonna and I got on Skype and had a 40min chat about startups and what goes on in them. As most of you know, Jerry and I started a venture capital business together in the mid 90s and have been close friends since then. So this is a public conversation […]

    DIY vs Delegate
    on AVC by Fred Wilson on Jan. 13, 2015, 2:26 p.m.

    I am a bad delegator and very much a do it yourselfer (DIY). It’s one of the many reasons I am certain I’d make a terrible CEO. CEOs must delegate. At scale, they should only do three things; set the vision and strategy and continuously communicate it, recruit and retain the very best people, and […]

    Backing Up Your Files
    on AVC by Fred Wilson on Jan. 12, 2015, 10:34 a.m.

    I read an article a few weeks ago about a class of malware called ransomware. The author’s mom had clicked on some sort of attachment which installed the malware on her computer which in turn locked all of her files and delivered a ransom note to her requiring $500 for the decryption keys. The ransom […]

    Ethics and Morals
    on AVC by Fred Wilson on Jan. 11, 2015, 2:39 p.m.

    At the end of the Berlin talk I posted yesterday, there was a question about ethics. It was directed at startups and how they build a culture of ethical behavior. But ethics and morals is an issue that extends beyond startups. It is an issue for all businesses and business people. The Gotham Gal recently […]

    Video Of The Week: The Berlin Conversation
    on AVC by Fred Wilson on Jan. 10, 2015, noon

    Last month, my partner Brad and I found ourselves in Berlin at the same time. We decided to do an event for entrepreneurs in Berlin with the help of the folks from Tech Open Air Berlin. We rented a space, brought in some entertainment and food, and then had an hour long conversation about technology, […]

    Feature Friday: The Dashboard
    on AVC by Fred Wilson on Jan. 9, 2015, 2:05 p.m.

    Our portfolio company Duolingo did something interesting this week. They launched a new product by adding a dashboard to the existing product. For those that don’t know, Duolingo is the most popular language learning app on mobile phones (and the web) around the world. They saw many students and teachers around the world adopting the […]

    Some Thoughts On Workplace Diversity
    on AVC by Fred Wilson on Jan. 7, 2015, 1:51 p.m.

    Intel made news yesterday when they announced a $300mm fund to “to be used in the next three years to improve the diversity of the company’s work force, attract more women and minorities to the technology field and make the industry more hospitable to them once they get there. The money will be used to […]

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