1 of 2 Major Types of Alter Ego in Venture Capital
An investor (Typical of an Ashkenazi Jew) who
will act aggressively pushy and uncompromising towards an entrepreneur, almost to the point to being offensive/
rude, but
will ultimately commit funds to kickstart the founder's startup.
A Yiddish Investor is the direct opposite of a WASP Investor
VC: So why should we trust you? Why shouldn't we just fund your competitors? This seems really risky and illiquid, how do you plan to mitigate these factors? We don't really
see the potential for an exit in an IPO with this idea at all, what do you think?
Entrepreneur: (Answers Uncomfortably but Truthfully)
VC: ALTHOUGH this seems extremely risky and prone to failure, here is my
money nonetheless.
Entrepreneur to his Co-Founder: They may be
tough and straight to the
point, but we are grateful to have a Yiddish Investor onboard.
~Word created by Woodrow @ Decheque