{"id":7514,"date":"2016-04-19T13:37:11","date_gmt":"2016-04-19T17:37:11","guid":{"rendered":"https:\/\/www.duck9.com\/?p=7514"},"modified":"2016-04-19T14:18:49","modified_gmt":"2016-04-19T18:18:49","slug":"all-upside-silicon-valley-deals-are-all-upside","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/all-upside-silicon-valley-deals-are-all-upside\/","title":{"rendered":"All Upside. Silicon Valley Deals Are All Upside"},"content":{"rendered":"
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By Larry Chiang<\/div>\n
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All upside. Silicon Valley wants the best of the best, that it’s willing to take the risk for you if you’re what we want.<\/div>\n
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This is Deep Underground Capital and Credit Knowledge*. This is DUCK. All upside is very\u00a0Silicon Valley<\/a>, normal. Everywhere else, it is pay-to-take-a-chance.<\/span><\/div>\n
*Duck9 – Duck Ch9 Bk* {bk is credit code bankruptcy}<\/div>\n
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We want cs majors who code.<\/div>\n
We want founders to be VCs who show up less than 30 minutes late.<\/div>\n
We want VCs with access to networks of engineers.<\/div>\n
We want teams of cs majors to also promote.<\/div>\n
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\"image1.JPG\"<\/div>\n
An Uber Visa by Larry Chiang is all upside too: It have a Negative Annual Fee.<\/div>\n
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For another\u00a0#SiliconValley<\/span><\/a>\u00a0example, here is a deal that is all upside:<\/div>\n
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\"\"<\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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4\/16\/16, 10:42 AM<\/a><\/div>\n
Only in #SiliconValley<\/a> is there this deal: Take my LP$$$. Keep 40% of the upside plus 4.65% in fees. No. Down. Side.<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

40% of the upside is “carry”. So if your LP gives you 100 units of money and your TVPI is 140, you keep 16 units of money. TVPI is total value: Paid In. Total value of 140. Paid in is 100, (obviously). Profit of 40.<\/p><\/div>\n

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40% carry is 16 units of money because .40 x 40 = 16<\/div>\n
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It’s all upside even for your virginal, first time, cherry-popping and hymen breaking flight to\u00a0#SiliconValley<\/a>. See “santaCon in\u00a0<\/span>#SiliconValley<\/a>\u00a0with Larry Chiang<\/span><\/div>\n
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Yes, self fund to set your town’s entrepreneurship bell curve.\u00a0<\/span><\/div>\n
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To succeed at something innovative you’re thinking about making: “Cross the Chasm From The Right”<\/span><\/div>\n
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By Larry Chiang All upside. Silicon Valley wants the best of the best, that it’s willing to take the risk for you if you’re what we want. This is Deep Underground Capital and Credit Knowledge*. This is DUCK. All upside is very\u00a0Silicon Valley, normal. Everywhere else, it is pay-to-take-a-chance. *Duck9 – Duck Ch9 Bk* {bk […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-7514","post","type-post","status-publish","format-standard","hentry","category-deep-underground-capital-knowledge"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7514","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=7514"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7514\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=7514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=7514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=7514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}