Fred Wilson

Is there any room left for the next big thing on the consumer internet?

Venture capitalists still ‘like’ the consumer internet, but when it comes to where they’re putting their money, consumer internet startups are competing harder for funding dollars.

According to Dow Jones VentureSource, the amount invested in consumer internet companies declined 42% in the first three quarters of 2012. Part of the reason: venture firms have been forced to take stock of their investments as consumer internet darlings like Facebook, Groupon and Zynga have been battered by the public markets.

Android versus iOS: the cold hard truth

According to comScore, iOS mobile devices captured 25% of the market in
February 2011. That’s up only slightly from November 2010, despite the
introduction of the iPhone on Verizon’s network.

On the other hand, iOS’ biggest
competitor (in the eyes of many), Google’s Android, has grown 7% since
November 2010, and now commands 33% of the smart phone subscriber market
in the United States.

As venture capitalist Fred Wilson sees it, this is solid proof that everyone should be focusing on Android over iOS.