Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at the economics of electric scooter rentals.
Quote of the Day
"Increasingly, it feels like people in our industry, the tech industry, are losing touch with reality."
(M.G. Siegler)
Chart of the Day

Mutual funds do a good job of pricing their pre-IPO securities.
Bird
- San Francisco is overrun with electric scooters. (wsj.com)
- A profile of the controversial, electric scooter rental company Bird, Travis VanderZanden. (nytimes.com)
Uber
- Uber is doing everything they can to prepare for an IPO. (om.co)
- How Uber provides flexible opportunities for workers. (abovethecrowd.com)
Companies
- Inside the numbers at WeWork. (bloomberg.com)
- Every new consumer-product goods company wants to be the next Warby Parker which is easier said than done. (inc.com)
- What is the Long-Term Stock Exchange? (shift.newco.co)
Founders
- Why you should tell investors everything. (medium.com)
- One of the biggest challenges for startups: hiring salespeople. (ft.com)
- 10 questions to ask before building your product. (medium.com)
- Seven steps to a better verbal pitch. (medium.com)
VC
- The five biggest VC bets of all time. (medium.com)
- Despite the hype, venture capital is still shrinking "between the coasts." (venturebeat.com)
- Ten ways to evaluate a company at the seed stage. (medium.com)
- VCs spend time with companies that won't make them a profit. (hunterwalk.com)
- 12 lessons on business and VC from Aileen Lee of Cowboy Ventures. (25iq.com)
- Andreessen Horowitz is launching a separate crypto fund. (recode.net)
- Time-saving tips from busy VCs. (medium.com)