Tuesdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at what Blue Apron has gotten right.
Quote of the Day
"Venture capital is changing more than we realize. The diminished financing needs of early stage companies has meaningfully changed the risk profile of fund investments for LPs."
(Brad Feld)
Chart of the Day
“To me a bubble is when this cycle breaks. I have my own definition: It’s only a bubble if return prospects don’t improve after prices fall. It’s when an asset class offers you no hope of recovery, ever. This only happens when the the entire premise of an investment goes up in smoke.”
Startup links
- Aswath Damodaran, "Venture capitalists (VCs) don’t value companies, they price them!" (aswathdamodaran.blogspot.com)
- A recap of IA Ventures successful investment in TradeDesk ($TTD). (informationarbitrage.com)
- A profile of Dick Costolo as he is set to launch a new fitness startup Chorus. (vanityfair.com)
- Top VCs are sniffing around Latin American companies. (techcrunch.com)
- What it's like to be a female in venture capital. (theatlantic.com)
- We need a new IPO process. (continuations.com)
- All revenue isn't created equally. (medium.com)
- Companies build culture bit by bit. (pointsandfigures.com)
- The danger of making your business your identity. (eriktrautman.com)
