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 impact of being a remote work company from the get-go.
Quote of the day
“Players with an infinite mindset want to leave their organizations in better shape than they found them. They play to keep playing. In business, that means building an organization that can survive its leaders.” – Simon Sinek
Vision Fund
- The WeWork/Vision Fund fiasco has put the fear of God in startups and VCs. (haystack.vc)
- "The Vision Fund era of the current technology and venture capital boom is over." (news.crunchbase.com)
Companies
- Reddit is raising money from Tencent at a $3 billion valuation. (techcrunch.com)
- Zippin and Standard Cognition are competing with Amazon ($AMZN) on cashierless store technology. (wsj.com)
- What is next for Robinhood? (news.crunchbase.com)
- Rho Business wants to work as basic operational banking infrastructure for startups. (news.crunchbase.com)
Venture capital
- How Brianne Kimmel came to found Work Life, a future of work focused fund. (briannekimmel.com)
- Three reasons why VCs may become less reluctant to fund competing startups. (hunterwalk.com)
- A Q&A with Dafina Toncheva of early-stage investment firm U.S. Venture Partners. (fortune.com)