What is an Entrepreneur in Residence (EIR) and does your company need one? Citation: “EIRs are the new ambassadors for investors and large organizations,” says Ellie Cachette, a seasoned entrepreneur, product designer and consultant for enterprise brands. The value proposition makes sense. Entrepreneurs who – by definition – pursue the road less traveled, can introduce organization to new business models, technologies, and and strategic partnership opportunities. EIRs build bridges into the startup community. . . . . At Green Visor Capital, a San Francisco based financial tech fund, the EIR’s role is to help advance the firm’s core mission and vision – to support entrepreneurs in (a) solving substantive problems in financial services, (b) to promote social responsibility, and (c) shareholder value. Green Visor Capital recently hired Sam Wen, Square’s founding engineer, to become an advisor to the firm’s portfolio companies and to help assess the technology stack of potential investments. “We weren’t looking to bring someone in, but we found this person to be so incredibly talented and humble,” says Simon Yoo, founder and managing partner at Green Visor Capital. “We saw how much he wants to help the world and realized that we needed him involved with our work. There was a strong overlap with the philosophy, ideology and background of what we do.” Yoo emphasizes, “we weren’t looking to tick a box.” Rather, he views Wen as an investment in the firm’s future. “We want to empower [Wen] to come up with his next idea,” says Yoo. #Executives . #Entrepreneurs #DriveInnovation Posted by Dan Durrant Cause Analytics is here to help you navigate through Business Intelligence, understand todays challenges and tomorrows technologies. CauseAnalytics click-to-read-mo.re/p/7OP0/51da26c0
Posted on: Tue, 24 Jun 2014 04:07:00 +0000