Home > techcrunch > Fred Wilson: “Facebook Is Not An Unstoppable Juggernaut”

Fred Wilson: “Facebook Is Not An Unstoppable Juggernaut”

November 16th, 2010 11:23 admin Leave a comment Go to comments

The East Coast vs. West Coast VCfight got a platform today in one of the most hilarious talks at Web 2.0 Summit, an intense debate between Fred Wilson and John Doerr on points of control in finance.

One highlight, the announcement of the “merger” of Union Square Ventures, Kleiner Perkins and Web 2.0 Summit, possibly mocking the announcement of our own acquisition at TechCrunch Disrupt.

The talk was full of  spicy quotes, and moderator John Heilemann brought up the fact that Wilson once described social network Facebook as “as a photo sharing site with some chat attached.”

Fred Wilson elaborated, Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.”

Wilson later got into how only one great company (Zynga) has been built on the Facebook platform. His downplaying the power of the social network had very interesting timing, as coming up directly after the Doerr and Wilson panel is a conversation with Facebook CEO Mark Zuckerberg.

Source: Fred Wilson: “Facebook Is Not An Unstoppable Juggernaut”

Related Articles:

  1. Fred Wilson: Be Your Own Bitch
  2. Fred Wilson: “Marketing Is For Companies Who Have Sucky Products”
  3. Fred Wilson More Or Less Confirms Twitter Stock Sale, Says Secondary Sales Often “Prudent”
  4. Investors Fred Wilson, John Borthwick and Josh Kopelman Are Ready To Disrupt NYC
  5. (Founder Stories) Fred Wilson On Frothy Valuations
blog comments powered by Disqus