Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at why no company is safe these days.
Quote of the Day
"Venture capital is a weird business. Our model assumes at least 50% of the companies we invest in will go out of business. The only way for a venture capital firm to generate great returns for its investors is to have outcomes that follow the power law curve."
(Craig Shapiro)
PE
- What characteristics PE looks for in SaaS startups. (saastr.com)
- When PE gets interested in SaaS startups. (davidcummings.org)
VC
- "Today's seed rounds are yesterday's Series A rounds, and pre-seed is the old seed." (axios.com)
- VCs are making bigger investments in fewer companies. (recode.net)
- "It is important that the VC invest in companies that have the potential to “return the fund” because they need every investment to have the possibility to be a big winner." (medium.com)
- Four lessons learned on VC fund management. (blog.semilshah.com)
- How to transform a VC fund capital base from individuals to institutions. (blog.semilshah.com)
- Harry Stebbings talks with Michael Dearing of VC Harrison Metal. (thetwentyminutevc.com)
Membership
Founders
- A half dozen lessons about achieving the right burn rate. (25iq.com)
- The many reasons why scaling a company is difficult. (blog.asmartbear.com)
- The upside of pitching without a deck. (avc.com)
- A lower cost of living makes more entrepreneurial dreams an option. (venturebeat.com)
Startups
- Build vs. buy is really about now vs. later. (saastr.com)
- Why do so many high profile hardware startups fail? (medium.com)
- Lessons learned from reading every Amazon ($AMZN) annual report. (medium.com)
- The odds are stacked against angel investors. (medium.com)
- There is no standardized way for mutual funds to value their startup shares. (wsj.com)
- Crowdfunding offerings are relying on celebrities to sell shares. (wsj.com)
