Startup links: finding product market fit

The Midwest

• High Alpha is a Midwest standout as they raise their second fund. (venturebeat.com)
• Venture capital goes farther in innovation hubs in the Midwest like Indianapolis. (techcrunch.com)

Big picture

• Why VC is bad for the economy: "the VC industry lacks discipline, seeking disruption and market share dominance without a clear path to profitability." (pitchbook.com)
• The venture capital industry in China just hit a brick wall. (nytimes.com)

Startups

• Jeff Carter, "(G)reat startups discipline themselves. They micro target. They get a beachhead. Then, they expand. The next thing you know, they get big and disruptive and there is no turning back." (pointsandfigures.com)
• 12 things every startup founder should know. (bothsidesofthetable.com)
• When a VC leaves firm it can be quite disruptive to the companies they have led investments in. (bijansabet.com)
• Deal flow can be overwhelming. How Semil Shah does a first sort. (haystack.vc)
• Beware companies with 'trophy' board members. (avc.com)
• When does advice affect startup performance? (papers.ssrn.com)