Fred Wilson Quotes
When there were not very many Internet companies, the supply of Internet companies to the market was small and the appetite for them was large. Therefore, if you were in the business of creating Internet companies in 1996-98, you had a market that provided massive demand for that.
Wilson, Fred. AVC, avc.com.
Many corporate executives were claiming that they were not investing in growth and jobs because they were uncertain about the future tax rates or regulatory environment with which they would be coping. But with elections coming up, there has never been such certainty, and much of the best growth in American business was in the Clinton administration where these policies were under constant debate. Immelt identified the real problem: Demand for products and services was very weak.
Fred Wilson is an American businessman, venture capitalist and blogger. Wilson is the co-founder of Union Square Ventures, a New York City-based venture capital firm with investments in Web 2.0 companies such as Twitter, Tumblr, Foursquare, Zynga, Kickstarter, Etsy and MongoDB.