{"id":887,"date":"2012-09-30T01:28:49","date_gmt":"2012-09-30T05:28:49","guid":{"rendered":"https:\/\/www.duck9.com\/?p=887"},"modified":"2012-09-30T01:37:27","modified_gmt":"2012-09-30T05:37:27","slug":"quora-answer-hiring-a-vc-as-deal-insurance","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/quora-answer-hiring-a-vc-as-deal-insurance\/","title":{"rendered":"Quora Answer \/ Hiring a VC as &#8220;Deal Insurance&#8221;"},"content":{"rendered":"<p>By Larry Chiang<\/p>\n<p>Quora Answer to &#8220;For a young startup, what&#8217;s the best way to deal with acquisition offers?&#8221;<\/p>\n<p>We keep 100% at level X We keep 98%-You the vc get 2% at level Y. We keep 80%-You the vc get 20% of Z-X.<\/p>\n<p>If you&#8217;re selling a company for a nominal amount sub $mm, factor in &#8220;(Z-X) > 2%(Y)&#8221;<\/p>\n<p>Here is how to vet and filter offers to buy your fledging startup&#8230; <a href=\"https:\/\/www.quora.com\/For-a-young-startup-whats-the-best-way-to-deal-with-acquisition-offers\/answers\/1142116?__ac__=1#comment1251234\" >https:\/\/www.quora.com\/For-a-young-startup-whats-the-best-way-to-deal-with-acquisition-offers\/answers\/1142116?__ac__=1#comment1251234<\/a><\/p>\n<p> ENGR145&#8217;s Anchor Concept: Lemonade and Gua Gua Guacamole<\/p>\n<p>It moves you to the right on the entrepreneur bell curve <embed width='425' height='344' allowfullscreen='true' allowscriptaccess='always' type='application\/x-shockwave-flash' src=\"https:\/\/www.youtube.com\/v\/eudADPfTWiE&#038;hl=en&#038;fs=1\" \/><\/p>\n<p><embed width='425' height='344' allowfullscreen='true' allowscriptaccess='always' type='application\/x-shockwave-flash' src=\"https:\/\/www.youtube.com\/v\/n5jB310egEI&#038;hl=en&#038;fs=1\" \/><\/p>\n<p><embed width='425' height='344' allowfullscreen='true' allowscriptaccess='always' type='application\/x-shockwave-flash' src=\"https:\/\/www.youtube.com\/v\/BMyLcDaWazU&#038;hl=en&#038;fs=1\" \/> CEO of Duck9 Stanford University Entrepreneur in Residence, Emeritus<\/p>\n<p>Duck9 = &#8220;Deep Underground Credit Knowledge&#8221; 9 125 University Avenue\/ 100 Palo Alto CA 94301 <a href=\"https:\/\/www.duck9.com\/ass\" >https:\/\/www.duck9.com\/ass<\/a> 650-566-9600 650-566-9696 (direct) 650-283-8008 (cell)<\/p>\n<p>**************** Editor of the BusinessWeek Channel &#8220;What They Don&#8217;t Teach at Business School&#8221; <a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\" >https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog<\/a> CNN Video Channel: <a href=\"https:\/\/ireport.cnn.com\/people\/larrychiang\" >https:\/\/ireport.cnn.com\/people\/larrychiang<\/a><\/p>\n<p>Read my last 10 tweets at <a href=\"https:\/\/www.Twitter.com\/LarryChiang\" >https:\/\/www.Twitter.com\/LarryChiang<\/a><\/p>\n<p>Author, NY Times Bestseller <a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/?s=Ny+times+bestseller\" >https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/?s=Ny+times+bestseller<\/a><\/p>\n<p>&#8220;What They Will NEVER Teach You at Stanford Business School&#8221; comes out 11-11-14<\/p>\n<p><a href=\"https:\/\/www.fastcompany.com\/embed\/c0d4562ea2049\" >https:\/\/www.fastcompany.com\/embed\/c0d4562ea2049<\/a><\/p>\n<p>52 Cards. Two Jokers. What They DO Teach You at Stanford Engineering <embed width='425' height='344' allowfullscreen='true' allowscriptaccess='always' type='application\/x-shockwave-flash' src=\"https:\/\/www.youtube.com\/v\/vDBY0GkI3-g&#038;hl=en&#038;fs=1\" \/><\/p>\n<p>Emergency swings and cutting deals as an 9 year old <embed width='425' height='344' allowfullscreen='true' allowscriptaccess='always' type='application\/x-shockwave-flash' src=\"https:\/\/www.youtube.com\/v\/OFGY7v9C4G0&#038;hl=en&#038;fs=1\" \/><\/p>\n<p>########## Duck9 is part of UCMS Inc. <a href=\"https:\/\/www.ucms.com\" >https:\/\/www.ucms.com<\/a> 630-705-5555<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang Quora Answer to &#8220;For a young startup, what&#8217;s the best way to deal with acquisition offers?&#8221; We keep 100% at level X We keep 98%-You the vc get 2% at level Y. We keep 80%-You the vc get 20% of Z-X. If you&#8217;re selling a company for a nominal amount sub $mm, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-887","post","type-post","status-publish","format-standard","hentry","category-credit-secrets"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/887","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=887"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/887\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}