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 difference between investing in ‘atoms or bits.’

Quote of the Day

"Newcomers have to not only convince new other people that their idea has a positive expected value. They also have to show it can clear a high reference point. Nailing the first part but ignoring or discounting the second explains why a lot of good ideas aren’t taken seriously, or take far longer to be taken seriously than you’d imagine."

(Morgan Housel)

Chart of the Day

Female founders raise less venture capital.