“Customers are a great way to finance a business for many reasons. Firs...” — Fred Wilson Quote

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.

Yahoo is free, it's fast and it's Web-centric. AOL is slow, it costs money and requires proprietary software.

To see things differently requires you to be wired a little differently.

When I see people laughing at ideas and companies we have backed, I smile. It means we are going to make a lot of money on that investment.

Believe it or not, there are some things that I have written that would be kind of a dream to make. Hopefully, I will get to finance them... There is something that I wrote called 'Demon's Flare' which would kind of be a dream come true.

Finance is about being short-term greedy, rather than thinking about the markets as a critical part of our society that exist to empower the world, rather than to enrich a few.

Because I spent many years during my previous life as an academic researching game theory, some commentators rushed to presume that as Greece's new finance minister, I was busily devising bluffs, stratagems and outside options, struggling to improve upon a weak hand. Nothing could be further from the truth.

Large companies cannot finance political parties as their shareholders and employees have different political views.