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 outsized importance of seed round returns to overall venture returns.

Quote of the Day

"When you add up all the time spent on budgeting across all the organizations on the planet (including government), the human species wastes an enormous amount of time on a thing we don’t do very well."

(Brad Feld)

Chart of the Day

The number of female-founded unicorns is grew in 2019.