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I don't understand this. Sending a partner is sending someone who is fully committed to the VC and not fully committed to the startup. If the VC sends money, t
by CalChris 7y ago
I don't understand this.
Sending a partner is sending someone who is fully committed to the VC and not fully committed to the startup. If the VC sends money, that money will be fully committed to the startup.
VCs have entrepreneurs in residence, a bankable executive without an idea. Matching an EIR with a startup is midway between sending a partner and sending money. But still, this EIR isn't fully committed. They're committed to both the VC and the startup, two masters.
This is just not a good fit at this time.