How Being Entrepreneur-In-Residence Helped This Man Build His Fourth Startup After Selling His Third One For $500 Million

Entrepreneur-in-residence (EIR) is one of those job titles you hear a lot about, but may never fully understand. The basic idea is to have a serial entrepreneur come in to work and join the company's meetings, working on different projects until that person comes up with a new startup idea. Although there's no written rule, the company that hires the EIR often gets the first call to invest in that new startup idea. The EIR concept was first created by Silicon Valley venture capitalists, so most ...