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 work from home could free capital for other needs.
Quote of the Day
"Your customers don’t care what it took for you to make something. They care about what it does for them."
(Seth Godin)
Companies
- TikTok owner ByteDance is now valued in excess of $100 billion. (bnnbloomberg.ca)
- Andreessen Horowitz is leading the Series A round in hot, stealth startup Clubhouse. (forbes.com)
- WeWork is asking for rent relief. So are its customers. (nytimes.com)
- Big Sky Health has apps for intermittent fasting, meditation and alcohol moderation. (news.crunchbase.com)
Social startups
- The opportunity for a new social media startup is here. (nfx.com)
- What's the story with hot, stealth startup Clubhouse. (nytimes.com)
Leadership
- Being a great leader doesn't require you being an a**hole. (500ish.com)
- 15 leadership lessons learned 'The Last Dance.' (linkedin.com)
Startups
- The pandemic is in some real ways spurring startup activity. (axios.com)
- Why tapping your advisors and investors is so important these days. (firstround.com)
- A call for startups to focus on resiliency, not growth at all costs. (news.crunchbase.com)
- No-code startups are becoming more of a reality. (wired.com)
- Where is crypto in the 'price-innovation' cycle? (a16z.com)
- Why pay Bay Area rents if you don't have to go into the office? (wired.com)
- Pizza arbitrage or why third-party delivery apps may never be a viable model. (themargins.substack.com)