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In The Media

Odd to watch companies I’ve founded do their thing from afar

by Larry Chiang on April 8, 2017

Michael Arrington (@arrington)
Odd to watch companies I’ve founded do their thing from afar… congratulations!

By Larry Chiang

“Odd to watch companies I’ve founded do their thing from afar”
– Mike Arrington

Let us “ball breakdown” that Mike
@arrington tweet. He’s saying a lot inside 140 characters. Mike is teasing you with 2 stanford engineering, entrepreneurship things. My breakdown will help you because I set a protocol to street smart business. Yes, I love you and I do not even know you, my newbie #ENGR145 reader.

~1~Spinouts {#ENGR145s
Crunchbase got Xx, million in VC from Mayfield. Crunchbase is a spinout business from TechCrunch. 

Crunch is from the Latin derivative which means to munch food in your mouth. The hashtag #ENGR145s is meant for you to work on #ENGR145 stuff that is three-quarters baked. More on that in a stanford engineering Facebook post, #3qB. 

“When you spin out a business from another business, that new business is 1/2 to 7/8th baked. That spinout is not a startup. It’s started-up. It’s a business. It’s #ENGR145s

-Larry Chiang
When you’re a cofounder but NOT an employee, often you’re a VC. 
That rhymed, was funny! And is also genius! 
Remember, mike said “watch from afar”. Mike was a VC when CB spun out. That’s  #nonEmployeeCoFounder.  The pattern recognition that is #nonEmployeeCoFounder is so really innovative that it gives you a 26.1 mile lead in the marathon THAT IS stanford engineering ENTREPRENEURSHIP

it’s about to get more funny before it gets super technical.  #nonEmployeeCoFounder is verrrrry often when a FoundersFund GP helps you co-found a startup. More on that over on twitter…

 #nonEmployeeCoFounder will be broken down after these applicable tweets. 

Larry Chiang (@LarryChiang)
🎼…these are some of my favorite things 🎧🎤
~1~Spinouts {#ENGR145s} and 
#2 #nonEmployeeCoFounder

Larry Chiang (@LarryChiang)
decade after @HarvLawR, came @StanfordLaw Review. Because doing SLS review was a #gaGaGuaranteed hit bc its a sequel #PeterThiel #ENGR145s…

Sulley and Mike Wisowski spun out their laughter business from their scaring business. 

Larry Chiang (@LarryChiang)
.@auren did this- an eBay rating for life. Then pivoted to “callerID for Email” ★ ★ ★ ★☆ = #ENGR145s…

Larry Chiang (@LarryChiang)
#HTMMWYMM. Critical bc that recipe helps you self fund #LeadGen. Learn #ENGR145s#FlipMyFunnel benefits……

Larry Chiang (@LarryChiang)
Did you know Nike and Trans Union are Sequel Companies?? #ENGR145s…

Larry Chiang (@LarryChiang)
Love when the founder *who exited* wears a badge to his own show, that he’s back at w/a new sequel startup #ENGR145s
Exit = sale of Co.…


Larry Chiang (@LarryChiang)
I love spin-outs as it applies to entrepreneurship. Here is my @Stanford athletics based hashtag, #ENGR145S cc @StanfordEng #Austin…

#FreeCreditReport (@freecreditrepor)
San Bruno. Lens Crafters. That’s where my fiancé works. Book an eye appointment here #SelfieNoSelf…

Larry Chiang (@LarryChiang)


Larry Chiang (@LarryChiang)
.@auren did this- an eBay rating for life. Then pivoted to “callerID for Email” ★ ★ ★ ★☆ = #ENGR145s…


Jeff Lawson (@jeffiel)
Uber rating, but for every interaction we have in life.

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