Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at why startups often ignore the 65+ aged crowd.

Quote of the day

“So the lesson for entrepreneurs is that you really need to have your house in order when you go out and raise capital. The more eyebrows you raise with investors, the worse it gets. And hair can get in the way of an otherwise financeable opportunity.” – Fred Wilson

Chart of the day

Your hit rate, defined by investments with a 10x returns, drives venture fund returns.  (A VC)

VC returns

Companies

Platforms

Real estate

Venture capital

Startups