{"id":9456,"date":"2017-01-25T13:25:21","date_gmt":"2017-01-25T17:25:21","guid":{"rendered":"https:\/\/www.duck9.com\/?p=9456"},"modified":"2017-01-25T15:20:39","modified_gmt":"2017-01-25T19:20:39","slug":"stock-tips-and-advice-no-one-told-us","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/stock-tips-and-advice-no-one-told-us\/","title":{"rendered":"Stock Tips and Advice No One Told Us"},"content":{"rendered":"
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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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1\/24\/17, 11:11 AM<\/font><\/a><\/div>\n
Sweat equity ~> cash. Cash in your pocket. There are about 650 things that could – will go wrong #Duck9<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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By Larry Chiang<\/p>\n<\/div>\n

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There are about 600 great Stanford entrepreneurship videos free for all on YouTube. There is an underlying pattern in Sweat equity ~> cash. There seems to be a lot that goes wrong!<\/span><\/div>\n
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Sweat equity ~> cash seems calm. But, there is an ocean of rogue waves that can wreck you financially. Obvi!!<\/span><\/div>\n

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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/20\/16, 9:42 AM<\/font><\/a><\/div>\n
Sweat equity has 12 very common patterns. Here’s what VCs pay attention to bc we’re too dumb to get tech<\/p>\n

START. #LarryChiang<\/a> @LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\nCall me a dick, but I am having my grand nephews and Grand nieces call me, “hashtag Larry Chiang”. Because, distribution. <\/span><\/p>\n<\/div>\n


\n<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/20\/16, 9:40 AM<\/font><\/a><\/div>\n
SWEAT EQUITY does not mean cash poor. Done correctly, you crank cash while you build equity sans sweat
\n—@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:56 PM<\/font><\/a><\/div>\n
If your two cofounders up and quit and go to Harvard Business school, go buy 20 stuffed animals. 
\n@LarryChiang<\/a> pic.twitter.com\/PGCmccjoOd<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:52 PM<\/font><\/a><\/div>\n
Sweat equity. Import from Vancouver “Sumi”, ‘Yumi’, Yoshi, Amelie, Ying and Astro. Overstay #df16<\/a> <\/p>\n

@LarryChiang<\/a> pic.twitter.com\/bnbvIq9Chr<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


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\n\"image4.JPG\"<\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:48 PM<\/font><\/a><\/div>\n
Sweat equity. Even you lapdog wants a JOB so put that canine on a vesting sched and start up. @LarryChiang<\/a> pic.twitter.com\/mOkY6bxeET<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:46 PM<\/font><\/a><\/div>\n
Remember, your planet has 90+% of the galaxy’s liquid water. That #sweatEquity<\/a> is all house money. #ch2<\/a><\/p>\n

–@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:44 PM<\/font><\/a><\/div>\n
When u quit a great company with a great CEO, he gives you a million for ~25% and shakes your hand, out-the-door #sweatEquity<\/a><\/p>\n

–@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:42 PM<\/font><\/a><\/div>\n
The best sweat equity is from killing five birds with one stone. Confucius says, @LarryChiang<\/a> tweet(ed)<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:39 PM<\/font><\/a><\/div>\n
If and when you do get fired from your own startup, execute the @LarryChiang<\/a> countermeasures. Don’t go on vacay. #cs183vc<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:37 PM<\/font><\/a><\/div>\n
For Peter’s sake, google what #cs183clawback<\/a> is. Uber #nonEmployeeCoFounder<\/a>, did. U can too<\/p>\n

–@LarryChiang<\/a> LUVS #cs183s<\/a>‘<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:34 PM<\/font><\/a><\/div>\n
Remember that team anti Christ is using the wrong logo. The upside down cross signifies how 3 mentees died inverted. Like Maverick #topGun<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:33 PM<\/font><\/a><\/div>\n
“Buy stock in you own startup whenever you can.”<\/p>\n

–@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nAsse9 Austin Secret (@asse9<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/20\/16, 9:51 AM<\/font><\/a><\/div>\n
Glorified “scraping”.
\nRepurposed momentum. 
\nExisting parades.
\nAll, good<\/p>\n

—@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:32 PM<\/font><\/a><\/div>\n
A lot of the value lies in the trash heap. #cs183e<\/a>. Edit! #SweatEquity<\/a><\/p>\n

–@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:30 PM<\/font><\/a><\/div>\n
Never trade your dog for someone else’s cat. {Aka selling your startup for all stock}<\/p>\n

#EquityLost<\/a>
\n@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:29 PM<\/font><\/a><\/div>\n
“Firing founders. Trust me, your equity evaporates after the [eventual & amorphous] recap.” <\/p>\n

—@LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/20\/16, 9:45 AM<\/font><\/a><\/div>\n
For example, THIS manage a trois in bed. {if you’re not fluent in French like me it means 3-way. Applies to founders pic.twitter.com\/rKS7vBzqFr<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\n\"image1.JPG\"
\n<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:24 PM<\/font><\/a><\/div>\n
3 co-founders meshing is like a manage a trois where no one feels left out. Can’t happen. #threeWay<\/a> #WrongWay<\/a> #cs183team<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:20 PM<\/font><\/a><\/div>\n
There is a nice chunk of equity when you cofound a company with a sitting GP (vc). #nonEmployeeCofounder<\/a> pic.twitter.com\/2socCxt7qM<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"image2.JPG\"<\/p>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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8\/19\/16, 4:17 PM<\/font><\/a><\/div>\n
Attrition is like breakage. Someone wins when breakage happens. Sum, lose. #SweatEquity<\/a>. @LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
\n
8\/19\/16, 1:34 PM<\/font><\/a><\/div>\n
Sweat equity has about a dozen very common patterns. Here’s what to pay attention to…<\/p>\n

END. #LarryChiang<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\nDownload<\/a><\/span><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Larry Chiang (@LarryChiang) 1\/24\/17, 11:11 AM Sweat equity ~> cash. Cash in your pocket. There are about 650 things that could – will go wrong #Duck9 By Larry Chiang There are about 600 great Stanford entrepreneurship videos free for all on YouTube. There is an underlying pattern in Sweat equity ~> cash. There seems to be […]<\/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-9456","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\/9456","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=9456"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/9456\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=9456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=9456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=9456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}