someone with enough money to gamble $50 million or so by purchasing overvalued companies that seem to offer "the next big thing" but in the end turn out to be just another "flash in the pan".
Bob: I just finished writing a program that takes anyone's picture that you upload to the website, and automatically superimposes it on a naked body with the best match.
Bill: That's pretty perverted, and pointless, I might add.
Bob: I know. But all I need is enough page views to get some venture capitalists salivating and I'll be set for life. They can have all of the headaches when it becomes obvious that no one will pay to use it because everyone already has Photoshop.
Venture Capitalist (n): Big fucking assholes. AVOID THESE PEOPLE.
Today I was reamed by a Venture Capitalist. I should have known better.