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Larry Cheng

๐Ÿ‘ค Speaker
417 total appearances

Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And ironically, I got to 100.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

But someone in the first 10 actually gave me a job.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And that's how I broke into this industry in 1998.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Oh yeah, so I was in consulting at a Bain spin out.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

We were doing growth strategy advice to Fortune 500 companies.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

On the side, I was trading penny stocks.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And I was trying to make a buck.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And I put all this money into this penny stock that was doing broadband wireless.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And I had convinced half the firm, my consulting firm, to invest in this stock.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

It was called Cellular Vision USA.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I still remember it.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And it turned out to be a total bust.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

But what I realized is I like the scorecard of investing.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I was an athlete.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

You like to win or lose.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

You know if you're right or wrong.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I think that's fun.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

It motivates me.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

So that was fun.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I liked tech.