Tuesdays here at Abnormal Returns is all about startup/venture capital links. You can check out last week’s links including a look at the age of the introverted entrepreneur.
Quote of the Day
"YC is elite. 500 is scrappy. Dave McClure would suggest 500S “grooms ugly ducklings” while YC “farms black swans."
(Milan Thakor)
Venture capital
- Late round financings are very different than an IPO. (abovethecrowd.com)
- At some point staying private makes it difficult to hold onto employees. (fusion.net)
- Google ($GOOG) Ventures is making a bet on the future of music. (qz.com)
Companies
- SnapChat is a threat to $FB, $GOOG and even live television. (businessinsider.com)
- Fintech apps, like Venmo, are running into fraud issues. (slate.com)
- Jessica Alba's The Honest Co. wants to build a big, sustainable business. (recode.net)
Fundraising
- 16 common questions about fundraising. (a16z.com)
- How to raise seed capital outside of Silicon Valley. (outsideofthevalley.com)
Entrepreneurs
- How to think about market size. (ben-evans.com)
- Detailed business plans are a waste of time and money. (blog.strategyzer.com)
- Entrepreneurship is a struggle. Insights from Ben Horowitz's "The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers."* (farnamstreetblog.com)
