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 coronavirus is affecting startup valuations.
Quote of the Day
"Remember that there will be a tomorrow. The world may be different, your company may be different, you may be forced to pick up some pieces but you’re still here."
(Michael Katz)
Companies
- Notion, a workplace productivity start-up, just raised $50 in a new round. (nytimes.com)
- Orion Labs is Slack for deskless workers. (news.crunchbase.com)
- Why Stripe was so quick to invest in universal checkout service Fast. (techcrunch.com)
- Preply uses machine learning and artificial intelligence to match tutors and language learners. (news.crunchbase.com)
Airbnb
- The costs to Airbnb are adding up as cancellations are extending to May 31st. (cnbc.com)
- How coronavirus is affecting Airbnb. (nymag.com)
- Good luck trying to model Airbnb's future at this point. (bloomberg.com)
Layoffs
- Mark Suster, "Don’t insulate yourself — handle things personally and be a leader that is present in times of crisis." (bothsidesofthetable.com)
- How to plan and manage layoffs. (a16z.com)
- Totaling up the layoffs so far in the startup space. (cnbc.com)
Venture
- Portfolio triage is now job number one for VCs. (semilshah.com)
- What investors want to see from a founder in this environment. (venturebeat.com)
Startups
- The coronavirus is putting startups into survival mode. (nytimes.com)
- Only the rare small/mid-size business will be unaffected by the coronavirus. (permanentequity.com)
- Startups are going to have a hard time accessing government funds. (avc.com)
- The blockchain does nothing to help with coronavirus. (startupmanagement.org)
