By Larry Chiang
Social media will not validate your initial effort.
Validation is completely absent when you’re “Doing things that don’t scale (but HAVE MOMENTUM)”
If you’re an undergrad at Stanford engineering, you are validated. And that validation causes you to actively avoid doing distribution work.
VC validation causes you to spend.
Market validation from cold calling, networking for customer feedback, and closing deals is great validation.
VC validation is like when people congratulate you on getting a mortgage.
Venture money and venture capital is a form of business mortgage where your ‘payments schedule’* could get you fired.
*Yes, you’re on an IRR payments schedule because due to preferences, the VC gets paid the first $50,000,000
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Larry Chiang (@LarryChiang) |
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VC distracts undergrads. Because it’s a form of validation that’s ephemeral, semi logical. And silly. #vcSecrets #cs183b #cs178 #ENGR145X
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Validation
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Larry Chiang (@LarryChiang) |
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Power cord arbitrage party
Practice. Validation. External API LCRRM. LCMCC. Makes perfect sense to me #Ch9 Follow effort not passion. |
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Practice selling one thing in secret, my Stanford engineering padawan.
Ace of Hearts. This is the best Easter Egg: A Stanford engineering #ENGR145 alum made playing cards with street smart snippets. They’re free (& open source)
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Larry Chiang (@LarryChiang) |
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VC distracts undergrads. Because it’s a form of validation that’s ephemeral, semi logical. And silly. #vcSecrets #cs183b #cs178 #ENGR145X
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