Flounder

An entrepreneurial bottom-feeding investor who helps build a (usually high-tech) company with the intent to sell it, usually at the expense of those who made it successful. The modern term for "founder." Named for a fish that evolved both eyes to the same side of its head, to facilitate bottom-feeding and hiding from predators.

The company I worked for was great, until some of the founders proved to be flounders.

by Samandor January 25, 2015