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 a warm intro and a strong intro.
Quote of the Day
"As a general rule, small businesses don’t stay small on purpose. Companies “top out” for good reason(s) and rarely because of the business model."
(Brent Beshore)
Lock-in
- VCs don't want to fund companies taking on Big Tech directly. (avc.com)
- Successful companies often let their software go to the dogs. (seths.blog)
Away from the Valley
- The sites fighting to be the Silicon Valley of agtech. (ft.com)
- On the choice to leave the Valley for the Midwest. (venturebeat.com)
Capital efficiency
- Too much capital can harm, not help, a company. (collaborativefund.com)
- The first question a founder needs to ask themselves is if they need to raise money in the first place. (businessinsider.com)
- How Seed became a thing unto itself. (medium.com)