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What is Executive in Residence mean?
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.
referencePosted on 20 Dec 2024, this text provides information on Miscellaneous in General related to General. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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