Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the implosion of Three Arrow Capital.
Quote of the Day
"Much of the best talent in the [finance] industry is pointlessly deterred by misogyny."
(Benn Eifert)
Legalization
- Legal cannabis has not been a boon to small growers in California. (washingtonpost.com)
- Companies focused on psychdelic therapies are on the rise. (bloomberg.com)
Startups
- Biotech startups now look more like software startups. (notboring.co)
- A Q&A with Josh Wolfe of Lux Capital about evaluating 'crazy' founders. (manual.withcompound.com)
Longreads
- Capital Group thrived for nearly a century, but is now facing serious headwinds. (ft.com)
- A big profile of Litquidity and the business he is building. (fastcompany.com)
- How Microsoft's ($MSFT) Clippy became a cultural icon. (seattlemet.com)
- Wind power needs to be transported to other areas to be effective. (latimes.com)
- 'Original antigenic sin' and how our immune systems are evolving with the coronavirus. (wapo.st)
- A history of the Dallas Cowboys cheerleaders. (texasmonthly.com)
- Why don't Millennials have hobbies? (thewalrus.ca)
