Fred Wilson interview
Arrington and Wilson talk about Kevin Durant, Jim Cramer, and how and how not to pitch a startup. Arrington:
If other venture capitalists are sheep, what animal are you?
Wilson:
I may be a sheep too…We like to think we get out in front of trends but a lot of people in the venture business don’t, they sit back and wait for what becomes obvious and they jump on it.
He adds:
When people laugh at the company and say that’s the stupidest thing I’ve ever heard, that’s a good sign…people who are sheep in the business aren’t going to make a lot of money.