What They Dont Teach You At Stanford Business School

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

3 Tech Co-Founders; 3 Legal Hacks #Money2020

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By Larry Chiang
Example ONE: Reid Hoffman, board member at Confinity (later officer of PayPal. Confinity pivoted to emailing money versus beaming money on PalmPilots)
Can you tell us about a time you successfully hacked some non-computer system to your advantage? (hat tip to YC)At PayPal, we discovered that the FDIC had a regulatory inclusion for deposit brokers.  So, if we followed the rules of deposit brokers, then the PayPal customers would be legitimately covered by FDIC insurance.  This helped banking regulators understand that consumers were being protected on their balances, and so navigated the regulatory relationships.  SOURCE: https://airtable.com/shr8W8KW44BrUeGe3

Example 2: Kenneth Lin

Example 3: Larry Chiang
FCRA. I read the FCRA

SO easy

SO easy




Written by Larry Chiang

October 26, 2015 at 11:51 pm

Posted in Uncategorized

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