{"id":8558,"date":"2016-09-19T11:17:58","date_gmt":"2016-09-19T15:17:58","guid":{"rendered":"https:\/\/www.duck9.com\/?p=8558"},"modified":"2016-09-19T11:23:39","modified_gmt":"2016-09-19T15:23:39","slug":"tweet-by-ceo-of-duck9-e-x-p-a-n-d-e-d-to-explain-deal-risk","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/tweet-by-ceo-of-duck9-e-x-p-a-n-d-e-d-to-explain-deal-risk\/","title":{"rendered":"Tweet by CEO of Duck9, E-X-P-A-N-D-E-D to Explain &#8220;Deal Risk&#8221;"},"content":{"rendered":"<div>\n<div>By Larry Chiang&nbsp;<\/div>\n<div><\/div>\n<div>When you&#8217;re young, few trust us because we are young. Age discrimination is real at both ends of the age spectrum.&nbsp;<\/div>\n<div><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2016\/09\/image1-20.jpg\" alt=\"image1.JPG\" id=\"13880C88-ADB5-4DCF-866C-2C3936C0661D\"><\/p>\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\/361307546\/larry-chiang9-duck9-business-card_normal.jpg\" style=\"width:48px;height:48px;padding-right:8px;\"><\/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\/748200072660267008?refsrc=email&amp;s=11\">6\/29\/16, 10:02 AM<\/a><\/div>\n<div>Majority of people are just not doing a deal because they&#8217;re trying to avoid getting screwed. <a href=\"https:\/\/twitter.com\/search?q=%23cs183cs&amp;src=hash\">#cs183cs<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div><\/div>\n<div>When you do a deal with a Stanford engineer, they&#8217;re notorious for doing a Minimum Viable Product that may not ship and currently does not work (<b>because its theoretical *:<\/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\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px;\"><\/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 href=\"https:\/\/twitter.com\/larrychiang\/status\/777883552977342464?refsrc=email&amp;s=11\" style=\"background-color: rgba(255, 255, 255, 0);\"><font color=\"#000000\">9\/19\/16, 7:54 AM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">How does a startup draw up a legal agreement where risk is owned by the flakey Ivy?&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23CS183s&amp;src=hash\">#CS183s<\/a>, answers.&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23cs183law&amp;src=hash\">#cs183law<\/a>&nbsp;<a href=\"https:\/\/t.co\/ydHaM20wFN\">twitter.com\/6502838008\/sta\u2026<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">There is nothing more flakey than dealing with an IQ 288 student athlete coterm who plays two sports and serves as officers on 3-5 student orgs doing a sales stint for their #ENGR145 class. Flakey because life is giving them layups and they&#8217;re too full<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div>Ivy flakey is the opposite of poor, destitute and hungry. Check out this fattie (literally almost 15% body fat)<\/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\/09\/image2-13.jpg\" alt=\"image2.JPG\" id=\"F8FC48DF-A2CE-410A-B9B7-2D3330BA30D5\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div>Guilty. Whimsically, I installed a<span style=\"background-color: rgba(255, 255, 255, 0);\">&nbsp;#ENGR145 class at the Park Hyatt. Yup, Wharton used to squat night time class space at the hotel before they bought a $600mm building with your tuition money.&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\/09\/image3-9.jpg\" alt=\"image3.JPG\" id=\"BAE555B6-B0CA-4D24-86C2-5892FA1B3A37\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div>Transfer execution risk to yourselves.&nbsp;<\/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);\">How does a startup draw up a legal agreement where risk is owned by the flakey Ivy?&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);\">#CS183s, Lec 13-18 answers. #cs183law<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">HERE IS THE ENTIRE BLOG POSTS ROI:<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">-Internal Escrow<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">&#8211; one Way Letter of Intent<\/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);\">And go back to reGoogle#CS183s, Lec 13-18 answers. It answers the question.<\/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);\">Stoppppp. Stop saying MVP. stop saying &#8220;Minimum Viable Product&#8221;<\/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);\">Credit Score. #CS183cs. #cs183creditSCORE. It gets you a $15,000,000+ line at #530Lytton. After 1-10 deals you close using&nbsp;Internal Escrow and<\/span><span style=\"background-color: rgba(255, 255, 255, 0);\">&nbsp;one Way Letter of Intent, you&#8217;re set.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><a href=\"https:\/\/www.youtube.com\/watch?v=eudADPfTWiE&amp;sns=em\">https:\/\/www.youtube.com\/watch?v=eudADPfTWiE&amp;sns=em<\/a><\/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\/09\/image4-5.jpg\" alt=\"image4.JPG\" id=\"554203B7-46A6-4D75-B900-E75728E6CD72\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Internal Escrow &amp; O<\/span><span style=\"background-color: rgba(255, 255, 255, 0);\">ne Way Letter of Intent help you set the bell curve at American Express&#8217; Venture Capital arm.&nbsp;<\/span><\/div>\n<\/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 href=\"https:\/\/www.youtube.com\/watch?v=WVKHwYJzVVc&amp;sns=em\">https:\/\/www.youtube.com\/watch?v=WVKHwYJzVVc&amp;sns=em<\/a><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang&nbsp; When you&#8217;re young, few trust us because we are young. Age discrimination is real at both ends of the age spectrum.&nbsp; CEO of Duck9, Larry (@6502838008) 6\/29\/16, 10:02 AM Majority of people are just not doing a deal because they&#8217;re trying to avoid getting screwed. #cs183cs When you do a deal with [&hellip;]<\/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-8558","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\/8558","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=8558"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/8558\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=8558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=8558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=8558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}