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 to think about base rates during spikes (and drops) in business.

Quote of the Day

"Together with data, cloud, and automation — companies are going to be looking at a more resilient future, one that sits on top of a network. It is not as if they had a choice. COVID-19 has exposed one harsh truth: digital channels are more flexible and faster to adapt to change than physical channels."

(Om Malik)

Chart of the Day

Have startups been fueling a brain drain from US universities?