• We Read Fred Wilson's Blog So You Don't Have To

    Fred Wilson hacked, BFF takes opportunity to push product

    New York VC Fred Wilson is the victim of an identity theft, he's told Twitter. "Just found out someone hacked my AmEx card. 27 fraudulent transactions in the past 2 weeks: McDonalds, Toys 'R' S, and gas stations." Fellow New York investor and Wilson's shake shack BFF Howard Lindzon immediately chimed in with something less than overwhelming empathy.

    An investor in identity theft protection service, Lindzon pushed product:

    Tacky? Yes. Likely to hurt Wilson's feelings? No. Why just today, in a post titled My "Thoughts On Startup Depression," Wilson took advantage of a little misfortune — the Wall Street meltdown — to push his own product, venture funding:

    Life is going to get tougher for everyone in the US and possibly in all parts of the world that are tightly linked to the US economy. All startups are going to have to batten down the hatches, get leaner, and work to get profitable, but the venture backed startups are going to get more time to get through this process than those that are not venture backed.

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