Fred Wilson's Gift To Me

Getting To Know Fred Wilson

I first came across the AVC.com blog. Frankly I thought the name was cheesy. VCs are not supposed to have blogs, I thought. VCs are supposed to be inaccessible, working in smoke filled rooms. A blog is the opposite of a smoke filled room.

Then I started visiting the blog once in a while, after having bookmarked it and not visited for months. I started liking it. It was a decent blog. It was interesting. The blog posts touched on many current topics of interest to me.

Then I started liking it a lot.

I got excited about Zemanta and Disqus before I realized they were Fred Wilson's portfolio companies. That made me respect the guy. It was only a matter of time before I realized he was an investor in Twitter, and sat on the Twitter Board. That was a big nugget to have come across in 2009. 2009 was Twitter's year. During the first half everyone was talking about Twitter. The icing on the cake was to realize no, Twitter did not pitch Fred Wilson. Fred Wilson pitched Twitter.

I like vision people. Clearly Fred Wilson was a visionary.

I wish there were a few top tech entrepreneurs who were as avid bloggers as Fred Wilson is. That would be a triumph. I wish all of the very top tech entrepreneurs were avid bloggers. Not even Kevin Rose is, and he is not exactly the topmost entrepreneur. Fred Wilson kind of stands out in the tech industry that way.

And then I realized Geocities also had been part of Fred's portfolio. I was a Geocities guy back in the days, an avid user. I was sad when Yahoo shut down Geocities recently. Geocities was the original online community.

Fred Wilson did not need to prove to me no more. This cat's got something going on, I thought.

Fred Wilson's Insight
Happy Holi
Fred Wilson: VC
Fred Wilson: A VC
Fred Wilson

AVC, Not For Me

If you are an early stage entrepreneur, you are, of course, looking to find the VC types. For a while I thought of pitching Fred. We even exchanged a few emails. If he was not going to come in himself, he was going to lead me to some people. But I was too early stage. Like too. And I did not articulate myself well.

Then I was resigned to the fact I just don't fall in his domain expertise zone. He does "web services." I am absolutely not in the dot com space.

But that did not change the fact that he was a visionary in the tech industry, and he had become my favorite solo blogger. I very rarely emailed him, but when I did, he replied. That was and is a big deal.

Maybe A VC For Me

But I was not going to give up. You can't bemoan not having a 200 billion dollar tech company in New York City, and stay stuck in the dot com space. I took a friendly swing at Fred Wilson in a blog post. When I started work on that blog post, I had no intention to do so. But a few paragraphs later I was doing it. What the heck, I thought. Tell it like it is. (Fred Wilson's Insight)

Fred Wilson's Gift To Me

Finally it happened. Fred Wilson gave his gift to me. It happened in his comments section to this blog post: Yochai Benkler On TheBroadband Plan. Yes, he is open to going beyond the dot com space, he will invest in broadband if the spectrum is opened up. Opening up the spectrum is a political battle. I am well suited for a political fight like that one. Taking a singular focus to a revolutionary proposition. I could do that. I am itching for the fight.

My Comment:

"There isn't enough competition on the access side of the Internet, both wireline and broadband. The rest of the Internet stack is hypercompetitive and is innovating at a mile a minute. But in access, we have monopolies who go at whatever speed suits them. There's nothing pushing them to go faster."

Finally, for the first time, Fred Wilson and I are "talking."

(1) Hardware (2) Software (3) Connectivity.

Paul Allen wanted MSFT to do both hardware and software. Bill Gates vetoed that. He said no, only software. He was right. But by now the biggest virgin territories are in sector three: Connectivity. That is where the big fortunes stand to be made. Hardware and software will hum along, but the biggest disruptions stand to be made in sector three. The dot com space is kinda saturated by comparison, although that space will always stay fertile because the human mind never satiates. But sector three is where big things will be done in the next push.

Fred Wilson's Comment:

i think you may be right, but i am scared of the capital costs involved. if wireless spectrum was dregulated, i might get interested

My Comment:

"....if wireless spectrum was dregulated...."

That has to be the primary push.

That is all the opening I need. This fight is not entirely as complicated as what happened in Nepal in April 2006. (The First Major Revolution Of The 21st Century Happened In Nepal) This tech entrepreneurship challenge speaks to my political strengths.

My company wants to bring hundreds of millions of new people online. Internet access is the voting right for this 21st century. Take me to the fight.

Andrew Parker

And then Andrew Parker happened out of the blue. I'd love to do a May 2010-May 2011 stint with Union Square Ventures. I think my startup will have covered more ground in three years with this stint than without it. I hope I get to do it: fingers crossed.

Who Is Andrew Parker?

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Net Neutrality Is The Internet's DNA

Fred Wilson: Internet Freedom

..... the net neutrality camp (which I am very much in) is on its heels .... the era of permissionless innovation that has characterized the first fifteen years of the commercial Internet ....... If we lose Internet Freedom, we won't have any companies we would want to invest in and we'll close up shop and move on with our lives.

Albert Wegner: The Price Of Internet Freedom Is?

Here there is much less of a market force at work as a potential corrective because in many local markets there is only a single broadband provider available and at best most markets have a duopoly.

Wall Street Journal: Court Backs Comcast Over FCC On "Net Neutrality"

"The court in no way disagreed with the importance of preserving a free and open Internet, nor did it close the door to other methods for achieving this important end," said FCC spokeswoman Jen Howard........ the idea that Internet providers should treat all forms of Web traffic equally ...... The court's decision prompted calls Tuesday from Democrats and consumer groups for Congress to pass new legislation to give the FCC more authority to police Internet providers. "They may have won the battle only to face a larger war" ...... Republican lawmakers have generally opposed net-neutrality rules. ....... AT&T said the FCC's current net-neutrality principles work and it will continue to abide by them. ....... Verizon Chief Executive Ivan Seidenberg said, it isn't a "slam dunk" that net neutrality is the right policy. ...... Time Warner Cable Inc. said the decision doesn't change its commitment to providing the "high-quality, open Internet experience" its customers expect...... President Obama supports net-neutrality rules

Daily Kos: What Happens Now With Net Neutrality

...... Comcast, which has asserted its right to slow its own cable customers' access to file-sharing ........ not an out and out win for Comcast .... there are a number of ways forward from here for the FCC. ..... the Supreme Court might reverse ..... The Supreme Court might disagree. ...... Congress might amend the Federal Communications Act to create a new source of jurisdiction to regulate broadband. To do this one would need at least 60 votes in the Senate. Good luck with that........ under its Title II jurisdiction, the FCC can require open access requirements, which would be even more valuable for purposes of promoting freedom of speech and innovation. ....... the FCC might decide that the better solution is to retrace its steps, correct the mistake it made in 2002, and reassert Title II authority over broadband ..... an FCC that under chairman Genachowski has been a strong Net Neutrality advocate

TechDirt: Court Tells FCC It Has No Mandate To Enforce Net Neutrality (And That's A Good Thing)

......it's now official that the FCC has no power to mandate net neutrality or to punish Comcast (even with a gentle wrist slap) for its traffic shaping practices. Lots of people seem upset by this, but they should not be. ......Even if you believe net neutrality is important, allowing the FCC to overstep its defined boundaries is not the best way to deal with it...... Comcast .. should still be punished -- but by the FTC, rather than the FCC -- for misleading its customers about what type of service they were getting, and what the limitations were on those services. As for the FCC, if it really wants a more neutral net, it should focus on making sure that there's real competition in the market, rather than just paying lip service to the idea in its broadband plan.

Net neutrality is the Internet's DNA. This is the Internet Century. Take away free speech and America is just a landmass. Take away net neutrality and the Internet is glorified cable television. It is not the Internet no more.

Net neutrality has received a temporary setback. But the anxieties are very real. Net neutrality is here to stay, but that does not mean there isn't work cut out for the net neutrality enthusiasts, which is pretty much everyone I know.

This judicial decision reminds me of the Supreme Court decision against campaign finance reform a few months back that Obama spoke against in his State Of The Union speech. The judiciary is capable of nonsensical decisions. This is one of them. One reason might be the judges are not term limited like the politicians. Maybe there ought to be a 12 year term limit rule for the Supreme Court justices.

We are nowhere close to losing the net neutrality fight, but the fight we have not even waged yet is the fight that will bring true competition in the high speed internet access arena. It is the fight to release the spectrum. The spectrum war needs to be taken to Comcast's doors.  

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