An entrepreneur-in-residence (EIR) is a temporarily engaged industry expert who works with a venture capital firm. The role combines evaluating potential investments with developing new startup opportunities. section 9.1
The role fits the practical needs of venture investing:
- Assess startups for potential investment. section 9.1
- Use industry experience to help balance the uncertainty of early-stage ventures. section 9.1
- Develop startup opportunities that could become investable companies. section 9.1
