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 the WeWork fiasco has shaken the venture world.
Quote of the day
“Being there for portfolio leaders is job number one for venture capitalists. If we can’t do that, what can we do?” – Fred Wilson
Founders Fund
- A Q&A with Keith Rabois of Founders Fund. (medium.com)
- Founders Fund is raising a new fund to invest in later stage startups. (wsj.com)
Venture
- What Mark Suster learned from writing his first VC check. (bothsidesofthetable.com)
- There is a disconnect between VCs desire to invest in female and minority-led companies and their actions. (institutionalinvestor.com)
- A master list of US micro-VCs. (medium.com)
- The Series B crunch is here. (news.crunchbase.com)
Real estate
- Why are real estate commissions so high? The cost of customer acquisition. (nytimes.com)
- Blueground has a unique strategy: "It leases apartments and then upgrades, and fully furnishes them, making them available for renters looking for “turnkey” rentals." (news.crunchbase.com)
Startups
- Why so many great companies seem to be built during recessions. (venturebeat.com)
- Tomas Tunguz, "The direct listing is an important innovation for startups. The new financial product for taking businesses public that recognizes the important changes in the private capital markets." (tomtunguz.com)
- The principles of hospitality extend to businesses far removed from restaurants. (marker.medium.com)
- Why the incumbent social sites have a big leg up on the competition: time. (500ish.com)
- You can't just show up and expect to win. (pointsandfigures.com)
- Does Adam Neumann deserve to make a billion dollars? (pragcap.com)
