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 downside for a startup of raising too much capital.
Quote of the Day
"You won’t know if it’s a hit until after you bring it to market. Dylan recorded 50 albums. Picasso painted 10,000 paintings. VCs fund hundreds of businesses. Do your best. Then ship."
(Seth Godin)
Chart of the Day

An AngelList analysis of venture returns and why seed investments are so important.
Companies
- Vroom is a 21st century CarMax. (news.crunchbase.com)
- Kinside wants to streamline the process of obtaining child care for employees. (techcrunch.com)
- There is a symbiotic relationship between landlords and scooter companies. (fortune.com)
- Airbnb continues to invest in ways to monetize demand for housing. (techcrunch.com)
- A not very flatting profile of the work culture at startup Away. (theverge.com)
Fintech
- Credit Karma is diving deeper into consumers' wallets. (news.crunchbase.com)
- Mobile-based fintech is transforming business across Asia. (ft.com)
- Challenger banks like Chime have had some serious outages that affect customers. (fortune.com)
Diversity
- Gender diversity on private boards reflects the disparities among founders. (news.crunchbase.com)
- Venture capital investment in all-female founding teams hit $3.3 billion in 2019, representing 2.8% of capital invested across the entire U.S. startup ecosystem. (techcrunch.com)
Startups
- Jeff Carter, "Founders only get to own 100% of a company once." (pointsandfigures.com)
- Co-founder conflicts are inevitable. The challenge is getting beneath the surface. (firstround.com)
- How to find angel investors for your startup. (visible.vc)
- Don't forget - there is a social component to angel investing. (alexdanco.com)
- Why CEOs need to prioritize professional development. (medium.com)
- Justin Jackson, "There's no shame in quitting. Quitting gives you space. When you say "no" to one thing, you open yourself up to new opportunities where you can say "yes." It's OK to move on." (justinjackson.ca)