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 taking less capital at a lower valuation can work out for the best.

Quote of the day

“In a well run company, the CEO typically owns the terrain and the CFO owns the map.” – Ben Horowitz

Chart of the day

Softbank has done 10% of all VC dollars in 2019, year-to-date. (Crunchbase)