What They Dont Teach You At Stanford Business School

Stuff you can't learn in B-school: LARRY CHIANG

How to Lie to VCs at SXSW

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By Larry Chiang

Entrepreneurs do not know how to lie to VCs.

After hearing countless pitches, I do. And it is not what you think.

-1- Lie Low

Entrepreneurs all lie high. I am saying if you’re gonna lie. Lie low.

Here is why.

If you meet at a conference like SXSW or D1 in Rancho Palos Verdes, you are not going to get funded inside of a week.

The VCs are going to collect data. Data point number one can be “registered users” if you’re a consumer startup. Data point number one can be fortune 1000 client(s) if you’re enterprise.

Do not lie about data point number one.

It leads to a smaller delta. It causes the VC to see smaller difference between data point one and data point TWO.

What is data point two!?

registered users or fortune 1000 enterprise two months from now.

Do yourself a favor and lie low.

Points 2-7 are available for 49.95.

If you take one piece of action and blog your results… FULL REFUND OF $49.95

PayPal me now to
Larry
@larrychiang
dot com

Refund as per the #LCRRM

LCRRM is taught at ENGR145. The Anchor Concepts move you to the right on the entrepreneur bell curve

CEO of Duck9
Stanford University Entrepreneur in Residence, Emeritus

Duck9 = “Deep Underground Credit Knowledge” 9
125 University Avenue/ 100
Palo Alto CA 94301
http://www.duck9.com/ass
650-566-9600
650-566-9696 (direct)
650-283-8008 (cell)

****************
Editor of the BusinessWeek Channel “What They Don’t Teach at Business School” http://whattheydontteachyouatstanfordbusinessschool.com/blog CNN Video Channel: http://ireport.cnn.com/people/larrychiang

Read my last 10 tweets at http://www.Twitter.com/LarryChiang

Author, NY Times Bestseller
http://whattheydontteachyouatstanfordbusinessschool.com/blog/?s=Ny+times+bestseller

“What They Will NEVER Teach You at Stanford Business School” comes out 11-11-14

http://www.fastcompany.com/embed/c0d4562ea2049

52 Cards. Two Jokers. What They DO Teach You at Stanford Engineering

Emergency swings and cutting deals as an 9 year old

##########
Duck9 is part of UCMS Inc.
http://www.ucms.com
630-705-5555

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Written by Larry Chiang

May 31, 2013 at 5:54 pm

Posted in Uncategorized

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