NOTE: this blog post assumes youve read 20 previous entrepreneurship articles by me and are comfortable with the Git Hub style and structure of shareholder equity value creation Larry Chiang uses. Eek, I just referred to myself in the third person.<\/p>\n
By Larry Chiang<\/p>\n
Sui generis implies you are a special snowflake founder.<\/p>\n
It is Latin for special path. Here is a special secret pathway that few will take, but it’s super sexy, super fun and super rules-abiding. It abides, adheres and conforms to:<\/p>\n
– HR 3606 – convertible note structure of not losing a board seat (Aka control of your #CSmajorCEO founded entity – Angel Lists “syndication” rules Of course you and your two engineering co-founders should each do $200k in rev. 3 x 200 = 600k<\/p>\n Of course, you should get to $900k in revenue before you get the 800k convertible note.<\/p>\n Yes, you should go through two incubators that call themselves accelerators, combinators, design studios, or VCs that host you in their office.<\/p>\n Every entity you mooch from, you owe a thank you to For example, let’s say you squat space in Shasta’s space at 37 South Park. You’d better thank Rob, Tod Sean MeyLin, or Jacob (I know he’s gone doing exit round https:\/\/www.exitround.com<\/a> but it’s a sequel biz to shasta that he owns so he owes Shasta :-)) you’d better send them a thank you food platter.<\/p>\n There is more to pattern replicate below What A Super Model Can Teach a Harvard MBA About Credit https:\/\/www.slideshare.net\/larrychiang\/what-a-super-model-can-teach-a-harvard-mba-about-credit<\/a> American Express’ Under-Promoted Credit Truths at Mercedes Benz Fashion Week (MBFW)” https:\/\/t.co\/inxTmZAj<\/a> My Stanford Engineering video boils down 20,000 hours and moves you to the right on the entrepreneur bell curve<\/p>\n
\n– all USA laws
\n– all USA codes of conduct
\n– it even magnanimously reciprocates alpha males’ DJ in two to five of my 13, “Gua Gua Guacamole” recipes. Read point number seven from “IPO Thursday’s LAUNCH PARTY (Supporting H.R. 3606) – Eventbrite” here https:\/\/ipo-thursday.eventbrite.com\/<\/a><\/p>\n