whattheydontteachyouatstanfordbusinessschool.com

Minimum Viable Entrepreneur Experience for Venture Capitalists

by Larry Chiang on November 12, 2011

Larry Chiang speaks at schools he could never get in to. He edits the Bloomberg BusinessWeek channel “What They Don’t Teach You at Business School”. It syndicates across twenty plus sites including CNN, Yahoo, TC, etc. After Chiang’s gave a Harvard Law keynote, Harvard Business wrote: “What They Don’t Teach You at Stanford Business School“ (the same title as his NY Times best seller). If you read his scandalously awesome “What a Supermodel Can Teach a Stanford MBA” and “How to Get Man-Charm”, you will like his latest post:

Minimum Viable Entrepreneur Experience for Venture Capitalists

By Larry Chiang

Moving from associate or principal to partner is tough. I wrote about it before.

VCs without startup experience lack “steel in their eyes” according to Steve Blank.

Steve Blank recommends solving the problem by funding the associate with $500k to train a partner. Well, I observe that VCs would rather acquire a partner versus spend $500k.

The problem weighs on the partner-prospect much more that it does on the firm.

To solve the problem for associates and principals, I’m founding a minimum viable startup “Minimum Viable Entrepreneur Experience for VCs”. It even has a cool hashtag “#MVEE4VC”

It will be fully funded by the individual wanting to make partner. How it works is you enroll in Engineering 145 in the summer at Stanford.

Stanford kids pay about $8k. You as an associate will pay $50k. The leftover 42k will be used to fly kids to tech conferences. I like Disrupt, SXSW, Launch, the “Larry Chiang Startup Academy“, Pivot, TechCrunch, Web 2.0 Summit and Austin City Limits.

Who is in?

CEO of Duck9
Stanford University EIR (Entrepreneur in Residence)

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)

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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 11-11-12

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http://www.ucms.com
630-705-5555

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