10 Things Silicon Valley Veteran Entrepreneurs Are Frustrated That You Don’t Already Know

By Larry Chiang

Here is a list of ten things alpha startup thinkers think here in Silicon Valley.

1- You don’t need VC or angel money to start

2- Business plans are useless. Just do a deck

3- Don’t follow your passion. Follow your effort

4- Networking is accelerated if you have a GitHub / StackOverflow account.

5- Founder teams of 3 engineers don’t need a biz dev co-founder. Or worse a business development hire

6- Internal deliverables don’t help. Focus on external deliverables.

7- Mentorship.

8- It’s the arbitrage and the algorithm

9- 80-18-2 Rule. Be part of the “2”

2% create

18% curate

80% stalk (and analyze and analyze)

	Larry Chiang (@LarryChiang)
12/7/13, 10:33 AM Borrowing against receivables is how I hack startup loans. Because I hack money and bust catch 22’s. it’s creative founder financing

10- The Andrew Belay Quora answer on “What Startups Should Know”

This ENGR145 video is how alpha VCs will data collect potential founders

CEO of Duck9

Stanford University Entrepreneur in Residence, Emeritus

Duck9 = “Deep Underground Credit Knowledge” 9

125 University Avenue/ 100

Palo Alto CA 94301

650-566-9600

650-566-9696 (direct)

650-283-8008 (cell)

****************

Editor of the BusinessWeek Channel “What They Don’t Teach at Business School”

Author, NY Times Bestseller

“What They Will NEVER Teach You at Stanford Business School” comes out 11-11-14

52 Cards. Two Jokers. What They DO Teach You at Stanford Engineering

Emergency swings and cutting deals as an 9 year old

##########

Duck9 is part of UCMS Inc.

630-705-5555