{"id":7362,"date":"2016-04-08T23:50:41","date_gmt":"2016-04-09T03:50:41","guid":{"rendered":"https:\/\/www.duck9.com\/?p=7362"},"modified":"2016-04-09T00:28:47","modified_gmt":"2016-04-09T04:28:47","slug":"plot-spoiler-your-vc-is-going-to-fire-you","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/plot-spoiler-your-vc-is-going-to-fire-you\/","title":{"rendered":"Plot Spoiler: Your VC Is Going To Fire You"},"content":{"rendered":"<div>\n<div>\n<table style=\"border:1px solid black;padding:8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" style=\"width:48px;height:48px;padding-right:8px;\"><\/td>\n<td><b>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 href=\"https:\/\/twitter.com\/larrychiang\/status\/591289027258687488?refsrc=email&amp;s=11\">4\/23\/15, 10:14 AM<\/a><\/div>\n<div>Dont hate me when your VCs fire u post hiring 2nd vp sales<br \/>I risked it all revealing <a href=\"https:\/\/twitter.com\/search?q=%23cs183s&amp;src=hash\">#cs183s<\/a> cc <a href=\"https:\/\/twitter.com\/search?q=%23csMajorCRO&amp;src=hash\">#csMajorCRO<\/a> <a href=\"https:\/\/twitter.com\/search?q=%23ENGR145s&amp;src=hash\">#ENGR145s<\/a> <a href=\"https:\/\/t.co\/BN1d0oBxNq\"><span>pic.twitter.com\/BN1d0oBxNq<\/span><\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">By Larry Chiang<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">VCs fire founders.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">When you take VC money, you transfer power to them. They decide whether to keep you.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">#1 reason VCs fire you is because sales are not high enough.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Here are some common mistakes.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">\/1\/ Many founders falsely believe that they can hire a vp of sales.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">You. Must. Sell.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">A v.p. Of sales will<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">a) suck at selling<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">b) be forced to wait while the MVP is tweaked<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">c) be stuck in meetings with the founders over internal deliverables.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">You must sell as the cofounders.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">\/2\/ Many technical cofounders believe that it takes a hacker and a hustler.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">The new model is 2-5 CS majors. We all code. We all promote. We all sell.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2016\/04\/image112.jpg\" alt=\"image1.JPG\" id=\"ABAE9D35-2F29-4428-AA82-60292FADF39F\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">\/3\/ Many founders believe that they can learn sales on the job.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Ideally, you practice doing sales in the summers between semesters. Ideally, you practice selling as a CS major at least on your three summers.&nbsp;<br \/><\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Larry Chiang (@LarryChiang) 4\/23\/15, 10:14 AM Dont hate me when your VCs fire u post hiring 2nd vp salesI risked it all revealing #cs183s cc #csMajorCRO #ENGR145s pic.twitter.com\/BN1d0oBxNq By Larry Chiang VCs fire founders.&nbsp; When you take VC money, you transfer power to them. They decide whether to keep you.&nbsp; #1 reason VCs fire you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-7362","post","type-post","status-publish","format-standard","hentry","category-stanford-engineering"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7362","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=7362"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7362\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=7362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=7362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=7362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}