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In The Media

How to Work with Corporate Pikers

by Larry Chiang on September 11, 2014

By Larry Chiang 
I take chances mentoring you by saying things that are true that others won’t.
If you’re an avid reader of this blog, then you’re into entrepreneurship, startups and hacking your FICO score so you’ll have more money to make money.
Err, have more of Other People’s Money so you can make yourself money.
Well, you’re gonna have to work with Pikers.

Larry Chiang (@LarryChiang)

What is a piker?!

A piker, according to Ben Affleck in BOILER ROOM, is a person who “walks at the bell”. A person who makes small bets, won’t take risks and constantly talks about upcoming vacation
Me?! I burned three days of vacation going to TechCrunch Disrupt and two days going to Mercedes Benz Fashion Week. For the purposes of the Urban Dictionary and Merriam Webster definition of “piker”…, I’m the opposite of a Piker.
No offense to my brothers brother at Pi Kappa Alpha (aka Pikes).
We as hustlers need to work with Pikers. Here is how:
-1- Corporate pikers never gamble on us upstarts.
Embrace this fact.
Embrace this fact and lets reduce corporate pikers risk and
– #InternalEscrow
– #OneWayLetterOfIntent
Internal escrow and one-way-Letter-of-Intent I explained in an engr 145 video  
-2- Pikers need to see something innovative as actually something old
So if you’re dealing with the innovation chasm, lets pretend our innovation is old…
Cool eh?
Jeremiah Owyang did this too with his Crowd Companies concept. Read his feed at
CEO of Duck9
Stanford University’s Founding EIR (Entrepreneur in Residence)
Duck9 = Deep Underground Credit Knowledge 9
c/o UCMS Inc
2021 Midwest Road / 3rd FL
Oak Brook IL
650-283-8008 (cell)
Founder of “What They Don’t Teach at Business School” for CNN iReport:
Author, NY Times Bestseller
“What They Will NEVER Teach You at Stanford Business School about EUTWMPPM @SXSW” 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

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