{"id":6599,"date":"2015-12-11T13:34:59","date_gmt":"2015-12-11T17:34:59","guid":{"rendered":"https:\/\/www.duck9.com\/?p=6599"},"modified":"2015-12-11T17:12:16","modified_gmt":"2015-12-11T21:12:16","slug":"whats-wallypay-the-ceo-of-duck9-explains-how-a-things-might-turn-out","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/whats-wallypay-the-ceo-of-duck9-explains-how-a-things-might-turn-out\/","title":{"rendered":"What&#8217;s WallyPay? The CEO of Duck9 Explains How Things Might Turn Out"},"content":{"rendered":"<p>Larry Chiang taught engineers at Stanford University how to get a Jedi in Business Administration. His young padawans act as associates. He collects tactical morsels engineers can use right away. After Chiang\u2019s Harvard Law keynote, Harvard Business wrote: \u201c<a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/2011\/04\/25\/what-they-don%E2%80%99t-teach-you-at-stanford-business-school-at-harvard\/\" target=\"_blank\">What They Don\u2019t Teach You at Stanford Business School<\/a>\u201c (it&#8217;s the same title as his NY Times bestseller). He is Entrepreneur in Residence at Stanford University. If you read his hilariously awesome \u201c<a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/2009\/12\/11\/what-a-supermodel-can-teach-a-stanford-mba\/\" target=\"_blank\">What a Supermodel Can Teach a Stanford MBA<\/a>\u201d and \u201c<a href=\"https:\/\/gigaom.com\/2008\/02\/21\/howtoworktheroom\/\" target=\"_blank\">How to Get Man-Charm<\/a>\u201d, you will like his latest post: &#8220;What&#8217;s WallyPay&#8221;<\/p>\n<table width=\"100\" cellpadding=\"20\" align=\"left\">\n<tbody>\n<tr>\n<td width=\"100\"><a href=\"https:\/\/www.whattheydontteachyouatstanfordbusinessschool.com\/\"><img loading=\"lazy\" decoding=\"async\" title=\"cropped-head-shot1\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2011\/05\/cropped-head-shot1.jpg\" alt=\"\" width=\"96\" height=\"96\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>By Larry Chiang<\/p>\n<div>I remember Wally&#8217;s effort to get a bank up and going&#8230; It&#8217;s because I read OCC&#8217;s publicly available filings for fun.<\/div>\n<div><a style=\"background-color: rgba(255, 255, 255, 0);\" href=\"https:\/\/t.co\/qLFDSInnV0\"><span style=\"color: #000000;\">bloomberg.com\/gadfly<\/span><\/a><\/div>\n<div>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" style=\"width: 48px; height: 48px; padding-right: 8px;\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" alt=\"\" \/><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Larry Chiang (<a href=\"https:\/\/twitter.com\/larrychiang?refsrc=email&amp;s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a style=\"background-color: rgba(255, 255, 255, 0);\" href=\"https:\/\/twitter.com\/larrychiang\/status\/675042174812225538?refsrc=email&amp;s=11\"><span style=\"color: #000000;\">12\/10\/15, 11:59 AM<\/span><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Dig into the OCC filings\u00a0<a href=\"https:\/\/twitter.com\/markgongloff\">@markgongloff<\/a>\u00a0<a href=\"https:\/\/twitter.com\/sbanjo\">@sbanjo<\/a><br \/>\nTheres gold in them there Office Comptroller Currency, filings RE WallyPay cc\u00a0<a href=\"https:\/\/twitter.com\/greendotcards\">@greendotcards<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<div>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" style=\"width: 48px; height: 48px; padding-right: 8px;\" src=\"https:\/\/pbs.twimg.com\/profile_images\/641726211509501952\/LGuraa85_normal.jpg\" alt=\"\" \/><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Mark Gongloff (<a href=\"https:\/\/twitter.com\/markgongloff?refsrc=email&amp;s=11\">@markgongloff<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a style=\"background-color: rgba(255, 255, 255, 0);\" href=\"https:\/\/twitter.com\/markgongloff\/status\/675037765847949312?refsrc=email&amp;s=11\"><span style=\"color: #000000;\">12\/10\/15, 11:41 AM<\/span><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Are you gonna download Walmart Pay?\u00a0<a href=\"https:\/\/twitter.com\/sbanjo\">@sbanjo<\/a>\u00a0didn&#8217;t think so\u00a0<a href=\"https:\/\/t.co\/qLFDSInnV0\">bloomberg.com\/gadfly\/article\u2026<\/a>\u00a0via\u00a0<a href=\"https:\/\/twitter.com\/Bfly\">@Bfly<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/>\n<\/span><\/p>\n<\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">\u00a0<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">\u00a0<\/span><\/div>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" style=\"width: 48px; height: 48px; padding-right: 8px;\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" alt=\"\" \/><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Larry Chiang (<a href=\"https:\/\/twitter.com\/larrychiang?refsrc=email&amp;s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a style=\"background-color: rgba(255, 255, 255, 0);\" href=\"https:\/\/twitter.com\/larrychiang\/status\/675040042142797825?refsrc=email&amp;s=11\"><span style=\"color: #000000;\">12\/10\/15, 11:51 AM<\/span><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">You&#8217;d use the $9 walmart smartphone. My expert opinion =\u00a0<a href=\"https:\/\/twitter.com\/search?q=%23WallyPay&amp;src=hash\">#WallyPay<\/a>\u00a0is gonna be a hit.\u00a0<a href=\"https:\/\/t.co\/nbhmuVvW70\">twitter.com\/markgongloff\/s\u2026<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">\u00a0<\/span><\/div>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" style=\"width: 48px; height: 48px; padding-right: 8px;\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" alt=\"\" \/><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Larry Chiang (<a href=\"https:\/\/twitter.com\/larrychiang?refsrc=email&amp;s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a style=\"background-color: rgba(255, 255, 255, 0);\" href=\"https:\/\/twitter.com\/larrychiang\/status\/675066751252635648?refsrc=email&amp;s=11\"><span style=\"color: #000000;\">12\/10\/15, 1:37 PM<\/span><\/a><\/div>\n<div><span style=\"color: #000000;\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><a href=\"https:\/\/twitter.com\/search?q=%23WallyPay&amp;src=hash\">#WallyPay<\/a>. Runs on Android4.4\u00a0<a href=\"https:\/\/t.co\/23fju6uLyX\">twitter.com\/brianpiercy\/st\u2026<\/a><\/span><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/>\n<a href=\"https:\/\/twitter.com\/download?ref_src=MailTweet-iOS\">Download<\/a>\u00a0the Twitter app and follow\u00a0<\/span><b style=\"background-color: rgba(255, 255, 255, 0);\">CEO of Duck9, Larry (<a href=\"https:\/\/twitter.com\/6502838008?refsrc=email&amp;s=11\">@6502838008<\/a>)<\/b><\/p>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" style=\"width: 48px; height: 48px; padding-right: 8px;\" src=\"https:\/\/pbs.twimg.com\/profile_images\/361307546\/larry-chiang9-duck9-business-card_normal.jpg\" alt=\"\" \/><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">CEO of Duck9, Larry (<a href=\"https:\/\/twitter.com\/6502838008?refsrc=email&amp;s=11\">@6502838008<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a style=\"background-color: rgba(255, 255, 255, 0);\" href=\"https:\/\/twitter.com\/6502838008\/status\/675078941900742657?refsrc=email&amp;s=11\"><span style=\"color: #000000;\">12\/10\/15, 2:25 PM<\/span><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Oh, I&#8217;m very familiar with Walmart Labs.\u00a0<a href=\"https:\/\/twitter.com\/search?q=%23WallyPay&amp;src=hash\">#WallyPay<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/>\n<img decoding=\"async\" id=\"3049C49A-3E48-414D-8114-335C1E99D4AF\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2015\/12\/image12.jpg\" alt=\"image1.JPG\" \/><br \/>\n<\/span><\/p>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Half baked or three quarters baked!?\u00a0<\/span><\/div>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" style=\"width: 48px; height: 48px; padding-right: 8px;\" src=\"https:\/\/pbs.twimg.com\/profile_images\/361307546\/larry-chiang9-duck9-business-card_normal.jpg\" alt=\"\" \/><\/td>\n<td><b>CEO of Duck9, Larry (<a href=\"https:\/\/twitter.com\/6502838008?refsrc=email&amp;s=11\">@6502838008<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/6502838008\/status\/675361205150617600?refsrc=email&amp;s=11\">12\/11\/15, 9:07 AM<\/a><\/div>\n<div>Normally, I put zero faith in a Fortune co executing innovation in <a href=\"https:\/\/twitter.com\/search?q=%23FinTech&amp;src=hash\">#FinTech<\/a>. But <a href=\"https:\/\/twitter.com\/search?q=%23WallyPay&amp;src=hash\">#WallyPay<\/a> Walmart will cross the chasm<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&#8220;Baked&#8221; is crossing the chasm.<\/p>\n<div><\/div>\n<div>\n<p>Half-baked is a game of entrepreneurship that Dave McClure plays. I dunno if he started that game.<\/p>\n<\/div>\n<div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><a href=\"https:\/\/www.youtube.com\/watch?v=WVKHwYJzVVc&amp;sns=em\"><embed src=\"https:\/\/www.youtube.com\/v\/WVKHwYJzVVc&amp;hl=en&amp;fs=1\" type=\"application\/x-shockwave-flash\" width=\"425\" height=\"344\"><\/embed><\/a><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">\u00a0<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Walmart can actually cross the chasm from the left because they are Main Street<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/>\n<\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Larry Chiang taught engineers at Stanford University how to get a Jedi in Business Administration. His young padawans act as associates. He collects tactical morsels engineers can use right away. After Chiang\u2019s Harvard Law keynote, Harvard Business wrote: \u201cWhat They Don\u2019t Teach You at Stanford Business School\u201c (it&#8217;s the same title as his NY Times [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-6599","post","type-post","status-publish","format-standard","hentry","category-banking-secrets"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/6599","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=6599"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/6599\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=6599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=6599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=6599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}