Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at what actually constitutes a ‘startup.’
Quote of the Day
"The lesson is clear: investors who try to invest at a steady pace will not be investing in the best opportunities. To only invest in the best companies, you need a flexible investing calendar."
(Paul Arnold)
Uber
- Turmoil aside, Uber's business is still growing nicely. (axios.com)
- Mutual funds are marking down their Uber valuations. (wsj.com)
Funding
- Social Capital Hedosophia Holdings Corp., a SPAC, is looking to take minority stakes in unicorns. (wsj.com)
- VCs need to look beyond equity-only financing schemes. (venturebeat.com)
- Would distributing startup equity across the blockchain prevent fights like we see at Uber? (cnbc.com)
- Becoming a public benefit corporation (PBC) is more complicated than it looks. (fastcompany.com)
Startups
- Stop pretending Silicon Valley is different than the rest of corporate America. (bloomberg.com)
- No one (else) cares about your little startup. (hackernoon.com)
- The Casper of X is a thing. (fortune.com)
Advice
- Fred Wilson, "So I encourage all of you entrepreneurs out there to embrace being resource constrained and learn to love operating with less. It will serve you well." (avc.com)
- Startups need to vet their investors as well. (inc.com)
- Scott Galloway's 'boring' business advice. (thewaiterspad.com)
- The complete guide to building a startup advisory board. (medium.com)