By Larry Chiang
Stanford informally teaches how to listen and judge a startup pitch. It’s a campus of people pitching cool concepts and ideas. At and around Y2E2, CS majors are the people capital that “funds” startups.
As CS majors, “we” need to hone our ear and listen as a VC. Heck, we are VCs because we fund entities with code wayyyyy before Roelof, Jon or Tim fund. The question then goes to “How do we as entrepreneur newbies ourselves, judge other newbie corporations (aka startups)?”
It is under this pattern I observe where CS majors are the new, new VCs. I bring you this article that is meant to accelerate your VC skills
Larry Chiang (@LarryChiang) | |
Cuz teaching a CS major to be a VC is wayyyyyy easier than teaching a VC, CS #R2D2vc #CS183vcduck9.com/blog/uncategor… …
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CS majors collude, discus and filter out startups. We do this analysis in the attempt to join the best one. See article “best entrepreneurship question this month”
Derivation: I attack this issue of character compassing an entire startup team by measuring “external deliverables” data. In short, I look under the hood once. And then wait. Collect external deliverable data. See if the look under the hood + external deliverables = growth in shareholder equity. Disclosure: I make money on this VC method and will present in Rhode Island at “#OFGPFSE”
The primarily mechanism for growing shareholder equity is the execution of signature business recipes. VCs call this blocking and tackling. YC’s call this Startup = Growth (see PG ‘s article https://bit.ly/pgraham710). E145 kids call it “growth hacking”. CS 183b’s call it “Do things that don’t scale BUT HAVE MOMENTUM #dttdsBHM
Here are a half dozen more hashtagged subroutines for shareholder equity building:
Unofficial Austin (@UnofficialATX) | |
PAY INCREDIBLY CLOSE ATTENTION TO “#R2D2vc”
I hilariously argue that R2D2 is the new VC. He is an robot that’s awesome. He is indispensable. As sidekick to Luke Skywalker, he hacks the Death Star, puts out startup rebellion fires, assists the CTO of the Millennium Falcon “Chewbacca” when the hyperdrive needed de-bugging
Today, in 2018, VCs are very much like C3POs. No offense to Roelof, Tim or Jon…, but they’re all tall, pretty protocol droid people. VCs need to be less like C3PO and more like R2D2
This brings us full circle to “What They DO Teach at Stanford Engineering About Being a CS Major Doing Douchie VC Jobs”
Larry Chiang (@LarryChiang) | |
Larry Chiang (@LarryChiang) | |
Whether u like it or not, my CS major unicorn-seeking padawan, you’re an unconscious semi competent R2D2, VC ;-P#R2D2vc
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Larry Chiang (@LarryChiang) | |
Team. Was the team able to bootstrap to a $25mm valuation without a nickel of institutional money.
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Can u #R2D2vc them 25mm~>$50+
Larry Chiang (@LarryChiang) | |
Team. How does their team feel about your team of CS “R2D2’s” selling their shitake without their permission.
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A 9 year old R2D2 VC in-the-making
(NOTE: Chris is the prototypical R2D2 VC – He’s good at CS and good at business:)
Larry Chiang (@LarryChiang) | |
This reminds me of Kevin at Illinois from Stanfurdh techcrunch.com/2015/02/04/the…Versus #R2D2vc
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Female founders. They all listen as well as R2D2. They’re mentioning mentors while speaking at Stanford business school.