Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at whether ‘layoff spreadsheets’ work.

Quote of the Day

"There are not that many asset classes where the manager has a pool of long term locked up capital and the opportunity (and the right) to invest again and again in a company. This combination is possibly the most attractive aspect of the venture capital asset class."

(Fred Wilson)

Chart of the Day

A lot of ideas in tech weren’t bad, just early.

(a16z.com)