By Larry Chiang<\/p>\n
Treat this as a sequel to WHAT COLOR IS YOUR PARACHUTE.<\/p>\n
\u201cLarry Chiang Play #9″ = The Silicon Valley parachute you’re going to need because you were just fired from your VC funded startup.<\/p>\n
– Team up w an engineer founder who has been fired before
\n– jettison with money, contacts and – PRESERVE CAREER MOMENTUM
\n– did the board fire you properly
\n– did you retain counsel
\n– did you get counsel that checks your counsel.
\n– do you have a new board
\n– do you have a plan to take 2-9 employees with you
\n– do you have a plan to take half the revenue even if no one leaves with you<\/p>\n
You better send “Larry Chiang Play #9” to uiuc boyfriend cuz he’s getting canned…,
\n– losing all their sweat equity
\n– getting baited into taking an accelerated vesting (plot spoiler, it’s useless cuz they’re just gonna recap)
\n– if the severance package is sub 100k, don’t take it.<\/p>\n
Do not sign the non-compete. GET A LAWYER OUTSIDE OF SILICON VALLEY. There is a “Just In Time Checklist for a Fired Founder” https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/2014\/04\/23\/just-in-time-checklist-for-a-fired-founder\/<\/a><\/p>\n ENGR145’s two videos teach street-smart entrepreneurship inside a class. E145 uses business subroutines only engineers have experience doing https:\/\/bit.ly\/buster14512v<\/a> Is a bit ly I memorized that links to