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 layoffs are rippling through the startup ecosystem.
Quote of the Day
"Richer margins lengthen runway."
(Tomasz Tunguz)
Chart of the Day
Venture funding in the US was in decline even before the coronavirus hit.
Layoffs
- The CEO of Carta's frank letter to employees affected by layoffs. (medium.com)
- More startup layoff news. (techcrunch.com)
- iBuying is taking a hit in the midst of a pandemic. (theinformation.com)
VC
- VCs should be thankful the Softbank era is over. (howardlindzon.com)
- A Q&A with Entrepreneur First CEO Matt Clifford about the fundraising environment outside the US. (protocol.com)
- Index Ventures just announced $2 billion in commitments across two new funds. (techcrunch.com)
- Even before the coronavirus hit, VCs were moving inland in search of lower costs and new opportunities. (nytimes.com)
Deals
- What happens to the pipeline after deals that were in process before coronavirus are done? (news.crunchbase.com)
- The story of a founder who turned down a term sheet in February, pre-coronavirus. (marker.medium.com)
- Will coronavirus spur companies to raise capital online? (news.crunchbase.com)
Companies
- The skills required to create Airbnb may be different than those required to save it. (theinformation.com)
- Beyond Identity has raised money to move beyond the password. (news.crunchbase.com)
- Thrasio rolls up Mom and Pop brands that have demonstrated strength on Amazon. (news.crunchbase.com)
