Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including looks at how to do due diligence.
Quote of the Day
"When you start a startup, you get pushed off the side of a cliff with a bag of aerospace parts. You hope they are the parts for a spaceship, and they look like they might be, but it’s impossible to tell when they’re all in a bag."
(Sam Altman)
Companies
- How Wealthfront pivoted a couple of times. (appcues.com)
- Dropbox is "expanding its vision." (backchannel.com)
- SoFi is becoming a bank. (nytimes.com)
VC
- Bryce Roberts, "The biggest disruptive threat to venture capital is when the very best founders realize they need very little of it to scale." (bryce.vc)
- Initial success matters a lot for VCs. (papers.ssrn.com)
- Five principles of VC due diligence. (medium.com)
- VCs invest money. That's what they do. It may not necessarily make sense for your company. (medium.com)
- Generational transitions at VC firms ain't easy. (avc.com)
Startups
- Nobody cares about your product. All they care about is what it can do for them. (medium.com)
- Lessons learned from Patagonia founder Yvon Chouinard. (thewaiterspad.com)
- Growth is an outcome not a strategy. (howardlindzon.com)
- Every company has customer churn. (25iq.com)
- Harry Stebbings talks with Foundry Group co-founder Jason Mendelson. (thetwentyminutevc.com)
- Why founders should blog. (a16z.com)
- The filter bubble in Silicon Valley. (theatlantic.com)