{"id":2427,"date":"2014-07-21T21:04:36","date_gmt":"2014-07-22T01:04:36","guid":{"rendered":"https:\/\/www.duck9.com\/?p=2427"},"modified":"2014-07-21T21:07:46","modified_gmt":"2014-07-22T01:07:46","slug":"the-unauthorized-supplemental-content","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/the-unauthorized-supplemental-content\/","title":{"rendered":"The Unauthorized Supplemental Content"},"content":{"rendered":"
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By Larry Chiang <\/div>\n
<\/div>\n
David and Goliath [{and Startups}]<\/div>\n
Cross the Chasm [{from the Right}]<\/div>\n
Book-I-Read [{ insert my extra content}]<\/div>\n
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Harvard loves this because all y’all need this info N-O-W. I cannot wait for the sequel(s). Harvard punked with me on the article, “Fifth Epiphany”. It’s the sequel to no less than five MBA seminal tomes. https:\/\/bit.ly\/vc0311b<\/a><\/a><\/div>\n
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You see, I talk to everyone, read tons of blogs, sit on boards, execute and practice entrepreneurship, and motivationally listen.<\/div>\n
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Here is my latest…<\/div>\n
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<\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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7\/20\/14, 10:49 AM<\/a><\/div>\n
#chap22<\/a>.
The Bust Chapter
What board to bring on when the front running douchebags leave your sinking ship pic.twitter.com\/7IczEUYN5f<\/span><\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-Chap 22 (a)- Checks and Balances.<\/div>\n

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The three branches of gov’t all check each other. Who checks your board? <\/div>\n
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-Chap 22 (b)-<\/span> “Startups Dont Build Character, They Reveal It”<\/span><\/div>\n

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I heard a guardsmen, Damon Bruce, say this. I remembered it because it’s true.<\/span><\/div>\n
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99% of the book “Startup Boards” is about the upside, upswing. The lightest coverage is given to BK. The ABC maneuver gets one paragraph. <\/div>\n
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Bk = bankruptcy<\/div>\n
ABC = Assignment for Benefit of Creditors.<\/div>\n
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So what I’m saying is: “Boards behave poorly during the bust phase”<\/div>\n
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Mark Suster pleads with his VC consiglieres to “do no harm”.<\/div>\n<\/div>\n
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-Chap 22 (c)- Study A.B.C.<\/span><\/div>\n

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Google Marty Pichison<\/span><\/div>\n
Google ABC<\/span><\/div>\n

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Read how Keith Teare bought his tech assets out of BK.<\/span><\/div>\n
Read Ben Horowitz “Hard Part About the Hard Part”<\/span><\/div>\n
Read notes from Cassie Philips FAIL CON Conference<\/span><\/div>\n

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-Chap 22 (d)-<\/span> Jab Step Towards a BK.<\/span><\/div>\n

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Paul Graham said, “A startup only fails after the founders give up.” I have never heard of creditors forcing a YC company into BK. It’s usually the founders pretend they never started the startup and then try to SEO their name off any association with said failed startup.<\/span><\/div>\n

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So jab step towards a BK.<\/span><\/div>\n
But, you yourself and at least one board member* have gotta re start<\/span><\/div>\n

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You do not actually go into bk.<\/span><\/div>\n

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-Chap 22 (e)-<\/span> Sell the Puppy.<\/span><\/div>\n

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Your startup was a puppy filled with potential like all the kids Bing Nursery School are Stanford bound (plot spoiler, only 1 in 30 will).<\/span><\/div>\n

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VCs like whales. Their portfolio requires those whales. VCs want their first round draft picks to do well. So when you fail…<\/span><\/div>\n
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Write your oh-so-sexy Startup Postmortem but for goodness sakes keep your <\/span><\/div>\n
– FTP login.<\/span><\/div>\n
– twitter\/fB\/YouTube login.<\/span><\/div>\n
– AWS login but use the mirror site as your new primary.<\/span><\/div>\n
– head. Keep your head.<\/span><\/div>\n
– legal. Recapitalize later when you’re outta the woods<\/span><\/div>\n

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Remember, there are more UDFA’s in the Hall of Fame than there are first round picks. Undrafted Free Agents know the road is rough<\/span><\/div>\n
This is a sequel to the the 19 chapters of Startup Boards. You should get it!<\/div>\n
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My chapter 20 {#Chap20} is on my twitter feed user #Chap20.<\/div>\n
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Chapter 21 is “Blackjack. How VCs Beat Your Blackjack” #Chap21<\/p>\n<\/div>\n
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ENGR145 has two videos with supplemental content that is both ahead of entrepreneurship education and also behind it.<\/div>\n
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By Larry Chiang  David and Goliath [{and Startups}] Cross the Chasm [{from the Right}] Book-I-Read [{ insert my extra content}] Harvard loves this because all y’all need this info N-O-W. I cannot wait for the sequel(s). Harvard punked with me on the article, “Fifth Epiphany”. It’s the sequel to no less than five MBA seminal […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2427","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/2427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=2427"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/2427\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=2427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=2427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=2427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}