Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at how a founder should utilize their board to the best of their ability.
Quote of the Day
"As an investor, I’m involved in some companies operating in peacetime and others in wartime. There’s a lot of emotional dissonance during the day as I go back and forth between them."
(Brad Feld)
The big time
- You know your firm, Airbnb, has succeeded when it has its own gadfly. (bloomberg.com)
- DoorDash raised $600 million to help it fight the food delivery wars. (wsj.com)
- Password management is becoming a big business. (fastcompany.com)
- SoFi is set to acquire naming rights for the new Los Angeles stadium. (axios.com)
Legal
- Don't use SAFE notes to raise seed capital. Period. (avc.com)
- It's tempting, but don't skimp on legal costs. You can pay big time down the road. (pointsandfigures.com)
Work
- The pros and cons of fully distributed startup models. (tomtunguz.com)
- Startup acquisitions often require an entrepreneur to work for the big company. This can be a situation fraught with pitfalls. (wsj.com)
- Standing up to the cult of overwork in startup land. (fastcompany.com)