Layers and Layers of Details About Self Funding

Larry Chiang pre-promotes live events and pre-promotes FICO scores wayyyyyy before you need a loan. An example is his 09-09-09 book release at New York Fashion Week. What They Don’t Teach You At Stanford Business School made a huge splash on the NY Times bestseller list because it was pre-promoted. #WTDTYASBS’s distributed at Sundance and SXSW months and months before. As CEO of Duck9, Chaing prepares mentees with high FICO scores months and months before applying for a getting lines of credit. To know what he knows, read what Chaing read: “Ultimate Credit Handbook” and, “What They Don’t Teach You at Harvard Business School“. The return of invested capital before-the-launch, applies to this article under the category, “Deep Underground Capital Knowledge”.

By Larry Chiang

Proprietorship.

	Larry Chiang (@LarryChiang)
8/29/15, 10:19 AM Proprietorship is a vehicle & legal structure Silicon Valley eschews, ignores and even scoffs at #SelfFundSellFun

It’s when you file a “schedule C”. This PDF is tied to your social security number. You list out money in and money out. Meanwhile, everyone else in #ENGR145 is doing an internal meeting about the capital table, while their “total shareholder equity” is reading ‘ZERO’. 

	Larry Chiang (@LarryChiang)
8/29/15, 10:16 AM Returning capital is critical when/if you self fund.

First you take in $$, then later you pay back money you lent yourself. 

	Larry Chiang (@LarryChiang)
8/29/15, 9:23 AM It’s an address. #530Lytton‘s a subroutine. A subroutine is a 60 step recipe I cared enough to write out. 9:30am-? pic.twitter.com/aaF4NLzr71

#530Lytton‘s a subroutine to get you $15,000,000
Download the Twitter app to see #530Lytton

	Larry Chiang (@LarryChiang)
8/29/15, 9:21 AM Get a TA or EIR to take notes @JoshuaBaer. Gold in them there lectures Or use a kid who sits First Chair Entrepreneur pic.twitter.com/dyfTHwlzd8

	Larry Chiang (@LarryChiang)
8/29/15, 9:19 AM If you’re selling stock under duress, you’re not fully understanding my mentors #ch2. Treasure management. No. Yard. Sales.

	Larry Chiang (@LarryChiang)
8/29/15, 9:19 AM A lot of founders buy back their stock at a huge discount.

	Larry Chiang (@LarryChiang)
8/29/15, 9:18 AM I judge you on whether you can fire a board member, that is a VC. Bonus if you let them save face!

	Larry Chiang (@LarryChiang)
8/29/15, 9:17 AM I judge you on whether you negotiated a clawback clause (so you can buy back stock in your own company) #VCsecrets.

	Larry Chiang (@LarryChiang)
8/29/15, 9:16 AM I judge you on how fast you return ‘invested capital’. #vcSecrets.

	Larry Chiang (@LarryChiang)
8/29/15, 9:11 AM “I had a credit card. $5,000 credit line. And I had my first customer. I was at break even.” — @JoshuaBaer, lec 1 #cs178

	Larry Chiang (@LarryChiang)
8/27/15, 9:10 PM Coincidence #1 @JoshuaBaer. We both had mentors who were rich and semi-retired. #cs178