Concept

Entrepreneur in residence

Summary
An Entrepreneur in residence, or Executive in residence (EIR), is a position most often held by successful entrepreneurs in venture capital firms, private equity firms, startup accelerators, law firms or business schools. The EIR typically leads, or has led, a small, early-stage, emerging company deemed to have high-growth potential, or which has demonstrated high growth in its number of employees, annual revenue, or both. An institutional fund may provide an entrepreneur in residence, or executive in residence, with the working capital to nurture expansion, new-product development, or restructuring of a company's operations, management, or ownership. Venture capital, private equity, startup accelerators In a venture capital fund, a private equity fund or a startup accelerator; the entrepreneur in residence works with the general partners and assists the firm's portfolio companies by leveraging their industry knowledge, expertise and network. In addition he/she is expected
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