Thursdays at Abnormal Returns are all about startup and venture capital links. You can check out last week’s links including a look at a startup founder’s number one job at the moment.
Quote of the Day
"If there’s reason to believe stories are powerful economic forces at the country level, there’s reason to believe stories are just as compelling for individual companies. We do see this behavior in Startupland."
(Tomasz Tunguz)
Building stuff
- Here is the Marc Andreessen post everyone is talking about. (a16z.com)
- Building stuff that society needs IS harder than software. (medium.com)
- Tech avoided doing tough stuff. (stratechery.com)
VCs
- Eight fintech-focused investors discuss how they are dealing with a new Covid-19 focused landscape. (techcrunch.com)
- VCs are open for business. (avc.com)
- What's next for venture funding? VCs are going to focus on supporting their existing investments. (medium.com)
- Y Combinator is changing how it invests in its companies. (techcrunch.com)
Small business
- How 336 owner/operators are "short-term worried and long-term optimistic" about the effect of the coronavirus on their businesses. (permanentequity.com)
- The Phoenix is a clearinghouse for assistance on a local basis. (ritholtz.com)
Fintech
- Stripe is Silicon Valley's most valuable startup after a new round of fundraising. (cnbc.com)
- Noah, formerly known as Patch Homes, is trying make the process of accessing home equity much faster and easier. (news.crunchbase.com)
- SoFi has acquired Hong Kong-based investing app 8 Securities. (finance.yahoo.com)
- Trade Republic is the Robinhood of Germany. (techcrunch.com)
Founders
- What Twilio ($TWLO) CEO Jeff Lawson learned about building.a startup in the last recession. (protocol.com)
- The coronavirus has completely upended what it means to be a tech startup founder. (wsj.com)
- A profile of Sarah Friar, the chief executive of Nextdoor. (ft.com)
- Some wealth management advice specific to founders. (dcgross.com)
Finance
- GTS is launching a new online marketplace, ClearList, where investors can buy and sell shares of private companies. (wsj.com)
- A profile of Martin Pinchinson, the "undertake of Silicon Valley" as startups go bust. (npr.org)
