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 perils of raising too much capital.
Quote of the Day
"The hardest conversation I have to have with a founder is when they’ve spent their 1-2 million dollar angel round but haven’t found product market fit."(Michael Seibel)
Chart of the Day
Capital is not in short supply for tech companies.
- High Alpha is a Midwest standout as they raise their second fund. (venturebeat.com)
- Venture capital goes farther in innovation hubs in the Midwest like Indianapolis. (techcrunch.com)
- Why VC is bad for the economy: "the VC industry lacks discipline, seeking disruption and market share dominance without a clear path to profitability." (pitchbook.com)
- The venture capital industry in China just hit a brick wall. (nytimes.com)
- Jeff Carter, "(G)reat startups discipline themselves. They micro target. They get a beachhead. Then, they expand. The next thing you know, they get big and disruptive and there is no turning back." (pointsandfigures.com)
- 12 things every startup founder should know. (bothsidesofthetable.com)
- When a VC leaves firm it can be quite disruptive to the companies they have led investments in. (bijansabet.com)
- Deal flow can be overwhelming. How Semil Shah does a first sort. (haystack.vc)
- Beware companies with 'trophy' board members. (avc.com)
- When does advice affect startup performance? (papers.ssrn.com)