Tuesday is all about startup links at Abnormal Returns. You can check out last week’s links including a look at the evolution of a startup from DIY to delegate.
Quote of the Day
"Being an entrepreneur is more a test of courage than intelligence."
(Ben Horowitz)
Advice
- Paul Graham, "If you can't tell who to be nice to, you have to be nice to everyone. And probably the only people who can manage that are the people who are genuinely good." (paulgraham.com)
- Jason Calcanis, "Don't invest in business plans." (calacanis.com)
- Why entrepreneurs shouldn't buy a house. (linkedin.com)
- Why investor updates are so important. (medium.com)
- What a founder's prior employer says about a startup's prospects. (papers.ssrn.com)
Trends
- The downside of being a startup 'unicorn': raised expectations. (fortune.com)
- 16 trends Andreessen Horowitz is tracking. (a16z.com)
- Some thoughts on seed investing. (avc.com)
- Who is @StartupLJackson? (techcrunch.com)
Equity
- The dark side of venture capital via predatory investor practices. (fullratchet.net)
- How much should a startup raise in its seed round? (calacanis.com)
- The problem of dead equity on the cap table. (pointsandfigures.com)
- Be wary of startups saying "we will never need another financing." (feld.com)
