The Money Equation

 

I’m fascinated that money is so on people’s mind, but never addressed head on.

Money as a topic fascinates. I engineer and hack money to be “Treasure Management”. I curated 15 books under the hashtag “#Ch2”. I wanted to call this post “Duck, Duck, Duck9’s”

A 9 is a super special form of bankruptcy that is incredibly common. It stems from “credit code 9” where a bank just waves off a loan as charge-off. The bank thinks your loan is not worth 15c on the dollar. Charge-offs are the bases for a company I started in college

Anyway, VC is venture capital. 9’s happen in VC all the time. Arthur Rock refers to this as “the walking dead”. Startups don’t go down in a ball of flames and startups don’t get dragged through bankruptcy court. Startups get ABC’d (assignment for benefit of creditors). It is the VC and LP version of credit code 9. LP is limited partner. They fund VCs.

Me?!

As ceo of Duck9, I wanna fund you. It is the basis for the “Larry Chiang 100% Affiliate Program”. It was started when I taught ENGR145, “Technology Entrepreneurship” at Stanford University in Palo Alto, Calif.

The old way was for VCs and LP’s just cut you a $200k check. Then you go incorporate “google”. {[Or reincorp if you’re VC is making you recap*]}. The new way to fund you is to tickle tease you with two to five subroutines. Then see if you execute

Me and my LP just wanna see and smell if you execute. For example, execute these signature business subroutines

– #HTMMWYMM

– #LTMVP

– #PopUpInternship (1-5)

– and do WE WANT DOers, so #CS183Do

	Asse9 Austin Secret (@asse9)
9/28/14, 2:25 PM How to Startup “You, Inc.”, #6of23 DJ up 2 API’s. #DJapi‘s

“create nothing.
Sell something”
bit.ly/pgraham710

Do

	Larry Chiang (@LarryChiang)
9/28/14, 2:22 PM How to Startup “You, Inc.”, #8of23 #CS183B 8/ give some poor soul help bc I’m helping u. It’s karma and Karma is tracked & measured

To recap, I’m doing this in the real world Jan 15 1pm at Stanford. 2015.

	Larry Chiang (@LarryChiang)
10/20/14, 8:11 AM Developing Undergrad Capital Knowledge via Deep Underground Credit Knowledge 9 #DuckDuckDuckThe9‘s

Read

	Larry Chiang (@LarryChiang)
10/18/14, 11:41 AM What They Do Teach @StanfordEng #PurposefulAE.com/blog/

Do a twitter search: 

	Larry Chiang (@LarryChiang)
10/16/14, 12:17 PM this is the umpteenth time a YC partner has implored “Do things that don’t scale” #dttdsBHM #DTTDSbhm 😉 startupclass.samaltman.com/courses/lec08/ #CS183do

Five of the 29 steps are “pop up internships”

	Larry Chiang (@LarryChiang)
10/19/14, 9:43 PM 29 steps in pre-entrepreneurship. 17 steps after #ConsciousCompetence #PurposefulAE #CS183do @reidhoffman‘s concept: “You Inc” i blogged

Do 24 of 29 steps which is pay a credit card that is in your name. So, 24 months in a row, pay a credit card that is linked to your social security account number. This gets you a FICO over 750. Credit score = capital cash access