An entrepreneur turned Venture Capitalist who understands the heartaches, pains, and struggles of what it's like to start and/or run a company.
"Our Ventrepreneur was in it for the best of interest of BOTH parties, and seemed like he was in my corner at all times. Not like most traditional VC's."
Ventrepreneur refers to a person participating at a new business venture that is backed by venture capital. While the ventrepreneur calims to be an entrepreneur, he has no actual personal stake in the success or failure of the enterprise.
The primary motivation for a ventrepreneur is to remain endeared to the source of the venture capital, thus positioning himself to participate in future attempts. The ventrepreneur will choose options that are less beneficial to the company if it means that company failure will not be blamed on him.
In the true style of a Ventrepreneur, the chairman spent 3 weeks refining the contract and trying to squeeze 1 week out of the schedule.