{"id":360,"date":"2011-10-27T15:31:34","date_gmt":"2011-10-27T19:31:34","guid":{"rendered":"https:\/\/www.duck9.com\/?p=360"},"modified":"2011-10-27T15:31:34","modified_gmt":"2011-10-27T19:31:34","slug":"my-1st-100-days-as-a-venture-capitalist","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/my-1st-100-days-as-a-venture-capitalist\/","title":{"rendered":"My 1st 100 Days as a Venture Capitalist"},"content":{"rendered":"

Larry Chiang scandalously x-rays how stuff really works, breaks it down and helps us execute. He edits the Bloomberg BusinessWeek channel \u201cWhat They Don\u2019t Teach You at Business School\u201d. After Chiang\u2019s Harvard Law keynote, Harvard Business wrote: \u201cWhat They Don\u2019t Teach You at Stanford Business School<\/a>\u201c (it is the same title as his NY Times bestseller). He is Entrepreneur in Residence at Stanford University. If you read his hilariously awesome \u201cWhat a Supermodel Can Teach a Stanford MBA<\/a>\u201d, Enroll in Stanford Engineering ENGR 145<\/a> and \u201cHow to Get Man-Charm<\/a>\u201d, you will like his latest post (and extracurricular activity):<\/p>\n

My First 100 Days as a VC<\/p>\n

By Larry Chiang<\/p>\n

As you’ve heard, I am now a VC<\/p>\n

It’s true.<\/p>\n

I know, I know. I used to make fun of them<\/p>\n

It was a summer long dream to be a VC, so I executed it. Yeah, it took me about three text messages to fundraise the $10, 500,00.oo.<\/p>\n

Well, here is my 100 day plan:<\/p>\n

-1- Activate Knowledge<\/p>\n

When I was a pre-entrepreneur, I was coached, “Before you ask for money, ask for advice”.<\/p>\n

Well, I have really good advice.<\/p>\n

Google, “Larry Chiang guacamole recipe”
These recipes help accelerate you as an entrepreneur and pre-entrepreneur.<\/p>\n

I help Stanford CS majors and engineers get legendary internships<\/a> and have been doing so for years and years.
https:\/\/bases.stanford.edu\/events\/larrychiang<\/p>\n

Before you ask for my money, I will DEMAND that you execute on my advice. You must execute three to seven of my 13 not-so-secret guacamole recipes. Email a student that took ENGR145. They will tell you stories of lemonade and guacamole. Execute a guacamole recipe before you even hail-mary in a pitch.<\/p>\n

-2- Start a new company<\/p>\n

Remember the cool VCs are all starting companies. Or founding startups. Yeah, there’s a difference. I know. Only in silicon valley is a startup defined as loosely held organization in search of a business model to become a business.<\/p>\n

I’m starting:
Larry Chiang Car Loan Company.
It’s motto: Be Chinky. Never have a car loan after your first car loan<\/p>\n

-3- Find a ReverseVC Pitch Party<\/p>\n

Find it<\/p>\n

Pitch at it<\/p>\n

-4- Crash a Conference and Help Entrepreneurs Promote<\/p>\n

I do this a li’l already<\/p>\n

-5- Crash Campus and Source CS Majors<\/p>\n

I do this a li’l already. It helps that I teach at Stanford.<\/p>\n

-6- Extract an Appearance Fee<\/p>\n

I used to have to crash. I perfected the ‘crasher to VIP’ maneuver and break down 35 little steps into guacamole recipe #11: the ‘crasher to VIP’ maneuver.<\/p>\n

Now I charge to show up to stuff.<\/p>\n

-7- Break Bread (and Guacamole)<\/p>\n

I eat at dorm cafeterias.<\/p>\n

I do this a li’l already<\/p>\n

-8- Attend Tech Boondoggles<\/p>\n

I do this a li’l already.<\/p>\n

-9- Execute Asse9.<\/p>\n

https:\/\/twitter.com\/asse9<\/a>
It’s asse9 if you don’t own 100% of your company.<\/p>\n

Its counter to what every other VC says and does. My mentor, mentored me to do this.<\/p>\n

My father mentored me to do this<\/p>\n

Now that I’m GP at “Larry Chiang Stanford g51 Fund of Stanford Founders”, I’m not abandoning Asse9.<\/p>\n

Asse9 was in TechCrunch first
https:\/\/m.techcrunch.com\/2010\/06\/10\/sse-labs\/<\/a><\/p>\n

More on Asse9, I wrote here…
https:\/\/www.whattheydontteachyouatstanfordbusinessschool.com\/asse9<\/a><\/p>\n

Resources, press and mentions:
Wall Street Journal:
https:\/\/blogs.wsj.com\/venturecapital\/2011\/06\/02\/vcs-like-youthful-buzz-at-stanfords-startx-accelerator\/<\/p>\n

PE Hub:
https:\/\/www.pehub.com\/123451\/texas-seed-firm-partners-with-hyper-networker-larry-chiang-to-target-stanford-entrepreneurs\/<\/a><\/p>\n

Austin Startup:
https:\/\/austinstartup.com\/2011\/10\/g51-partners-with-larry-chiang-for-stanford-fund\/<\/a><\/p>\n

What I am saying is that I am gonna stay doing what I have always done. I am gonna stay CEO of Duck9<\/p>\n

When I was in engineering school and made the baseball team, became officer at my fraternity, signed on to work at the school paper, started a credit card credit company out of my dorm room…, no one asked me if I was still in engineering school. No one.<\/p>\n

CEO of Duck9
Stanford University EIR (Entrepreneur in Residence)<\/p>\n

Duck9 = Deep Underground Credit Knowledge 9
125 University Avenue\/ 100
Palo Alto CA 94301
https:\/\/www.duck9.com\/ass<\/a>
650-566-9600<\/a>
650-566-9696<\/a> (direct)
650-283-8008<\/a> (cell)<\/p>\n

****************
Editor of the BusinessWeek Channel “What They Don’t Teach at Business School”
https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog<\/a>
CNN Video Channel: https:\/\/ireport.cnn.com\/people\/larrychiang<\/a><\/p>\n

Read my last 10 tweets at https:\/\/www.Twitter.com\/LarryChiang<\/a><\/p>\n

Author, NY Times Bestseller
https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/?s=Ny+times+bestseller<\/a><\/p>\n

“What They Will NEVER Teach You at Stanford Business School” comes out 11-11-12<\/p>\n

##########
Duck9 is part of UCMS Inc.
https:\/\/www.ucms.com<\/a>
630-705-5555<\/a><\/p>\n

\u00a0<\/p>\n\n\n\n
If you liked this\u2026
<\/strong><\/strong><\/strong> <\/strong><\/strong><\/strong>\"default\"<\/a>
<\/a>Larry\u2019s mentor Mark McCormack wrote this in 1983.<\/strong> His own book came out 09-09-09. It is called \u2018What They Don\u2019t Teach You At Stanford Business School<\/a>\u2018 <\/a><\/strong>
<\/a>
*** BONUS ***
a party invite for you… <\/p>\n
\n
Online event registration<\/a> powered by Eventbrite<\/a><\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This post was drafted in an hour and needs your edits\u2026 email me if you see a spelling or grammatical error(s)\u2026 larry@larrychiang com<\/strong>

Larry Chiang started his first company UCMS<\/a> in college. He mimicked his mentor, Mark McCormack, founder of IMG who wrote the book, \u201cWhat They Don\u2019t Teach You at Harvard Business School\u201d. <\/strong><\/strong><\/strong>Chiang is a keynote speaker and bestselling author and spoke at Congress<\/a> and World Bank<\/a>.<\/strong><\/strong><\/p>\n

<\/strong><\/strong><\/p>\n

Text or call him during office hours 11:11am or 11:11pm PST +\/-11 minutes at 650-283-8008<\/a>. Due to the volume of calls, he may place you on hold like a Scottsdale Arizona customer service rep. If you email him, be sure to include your cell number in the subject line. If you want him to email you his new articles\u2026, ask him in an email \":-)\" <\/strong><\/strong><\/p>\n

You can read more equally funny, but credit-issue-focused-lessons on Larry\u2019s Amazon blog <\/em><\/a>.<\/strong><\/p>\n

\u00a0<\/p>\n

What A Super Model Can Teach a Harvard MBA About Credit<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Larry Chiang scandalously x-rays how stuff really works, breaks it down and helps us execute. He edits the Bloomberg BusinessWeek channel \u201cWhat They Don\u2019t Teach You at Business School\u201d. After Chiang\u2019s Harvard Law keynote, Harvard Business wrote: \u201cWhat They Don\u2019t Teach You at Stanford Business School\u201c (it is the same title as his NY Times […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,7],"tags":[],"class_list":["post-360","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship","category-stanford-engineering"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/360","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=360"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}