Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including why CEOs shouldn’t “play hurt.”
Quote of the Day
"The best investments happen because of relationships, not pitches."
(Ross Baird)
Strategy
- Why you should kill your cash cow...before some one else does. (medium.com)
- "Once you create a culture it is incredibly hard to change it." (avc.com)
- The grind is real. (howardlindzon.com)
Uber
- Uber is in all sorts of trouble but people keep downloading the app. (theatlantic.com)
- Where Travis Kalanick of Uber went wrong. (stratechery.com)
Startups
- The 409A valuations of startups are usually wildly inaccurate. (nytimes.com)
- Om Malik, "When un-sexy, software-oriented firms such as Cloudflare, MuleSoft, Alteryx, and Okta start to go public and hold their value, then Silicon Valley will really have reason to smile." (newyorker.com)
- Stanford now has a venture fund to invest in the next Snap ($SNAP). (bloomberg.com)
- 50 promising startups you may have never heard of. (bloomberg.com)
- What next for the now profitable Shazam? (businessinsider.com)
- Eight lessons learned from Peter Thiel's "Zero to One." (medium.com)