{"id":9498,"date":"2017-02-04T15:06:49","date_gmt":"2017-02-04T19:06:49","guid":{"rendered":"https:\/\/www.duck9.com\/?p=9498"},"modified":"2017-02-04T21:46:14","modified_gmt":"2017-02-05T01:46:14","slug":"stanford-engineering-cs183-a-darren-rovell-tweet-shows-us-clawbacks","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/stanford-engineering-cs183-a-darren-rovell-tweet-shows-us-clawbacks\/","title":{"rendered":"Stanford Engineering cs183 + a Darren Rovell Tweet Shows Us Clawbacks"},"content":{"rendered":"
\n
By Larry Chiang<\/div>\n
\nmy @StanfordEng<\/a> inspired #cs183clawback<\/a>…<\/span><\/div>\n

\n<\/span><\/div>\n
Clawback is when a founder buys something back. Typically, it’s stock. <\/span><\/div>\n

\n<\/span><\/div>\n
This case it’s a car that served as startup, venture capital <\/span><\/div>\n
\n\n\n\n\n
<\/td>\nDarren Rovell (@darrenrovell<\/a>)<\/b><\/td>\n<\/tr>\n
\n
2\/2\/17, 9:40 AM<\/a><\/div>\n
“Papa” John Schnatter sold his 1971 Camaro for $2,800 to start his pizza biz. Bought same car back in 2009 for $275K! pic.twitter.com\/QAFvN0vbY3<\/span><\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n<\/div>\n

So, Papa John is clawing back his car. <\/p>\n

<\/div>\n

\"image1.JPG\"<\/p>\n<\/div>\n

CS 183 was taught at Stanford by Peter Thiel. His first “franchise” was a sequel to Harvard law review and Stanford Law Review called “The Stanford Review” (at Stanford Law)<\/span><\/div>\n

\n<\/span><\/div>\n
Peter talk about buying stock in yourself. <\/span><\/div>\n

\n<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
\n
2\/4\/17, 10:23 AM<\/font><\/a><\/div>\n
I love “clawbacks” 👀
\nSee my @StanfordEng<\/a> inspired #cs183clawback<\/a>
\n[new poster child is #PapaJohn<\/a>]. Photo credit… twitter.com\/darrenrovell\/s\u2026<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\n<\/span><\/p>\n

Clawbacks are where we clawback the stock we sold to VCs. Clawback also is when we buy back a company we sold. <\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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5\/1\/16, 9:32 AM<\/font><\/a><\/div>\n
#CS183clawback<\/a> *He loaned me money when I bought back my first business from an early investor* medium.com\/@markgee\/i-los\u2026<\/a><\/span><\/font><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/p>\n<\/div>\n

\n
I love buying stock in ourselves. I love buying stock in a company we started. <\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By Larry Chiang my @StanfordEng inspired #cs183clawback… Clawback is when a founder buys something back. Typically, it’s stock.  This case it’s a car that served as startup, venture capital  Darren Rovell (@darrenrovell) 2\/2\/17, 9:40 AM “Papa” John Schnatter sold his 1971 Camaro for $2,800 to start his pizza biz. Bought same car back in 2009 for $275K! pic.twitter.com\/QAFvN0vbY3 […]<\/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-9498","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\/9498","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=9498"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/9498\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=9498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=9498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=9498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}