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.

(qz.com)