Facebook Co-Founder Joins VC Firm

http://www.pehub.com/34567/campaign-capitalist-chris-hughes-joins-general-catalyst/

by hackhack • 17 years ago

14 8 17 years ago

pclark• 17 years ago

what is an Entrepreneur-in-residence?

rms• 17 years ago

Paid to have an office in the VC firm and sit in on pitch meetings with new companies. May help bring new deals to the partners. May have his or her own companies that may or may not be funded by the VC in question.

The local state owned biotech investment fund calls them "Executives in Residence" which I think is really funny.

http://en.wikipedia.org/wiki/Entrepreneur_In_Residence

aliasaria2• 17 years ago

Often, EIR's are paid to sit in VC firms waiting for a company that could use their talent. By virtue of their position, they get to see every cool company in the community and pick where they want to go next. If they aren't dropped in as an exec in a single company, they divide their talent amongst many companies -- working with them to develop the business. Of course, no titles are clear at VC firms.

whokebe• 17 years ago

I don't know anything about the man in question, but it's at least a 55/45 bet to short a VC firm that hires a Facebook founder.

Too bad you can't short-sell VCs. :(

aliasaria2• 17 years ago

The VC world needs more awesome people like Chris Hughes. This is a win for the startup community.

numair• 17 years ago

Chris is a brilliant, down-to-earth guy. If you have a great deal and want VC backing and a great guy to join your team, definitely consider going to him. And to the guy who posted something about how hiring a Facebook co-founder is a stupid move -- you, and the rest of the haters on HN, need to get over your utterly obvious jealousy and insecurity. None of you have any clue what you're talking about (including that guy from Harvard).

volida• 17 years ago

in HN we use reply to respond to that someone we don't agree without generalizations.

bharris• 17 years ago

Hughes was also in Fast Company today branded as "The Kid Who Made Obama President."

http://www.fastcompany.com/blog/ellen-mcgirt/strike-indicato...

Facebook Co-Founder Joins VC Firm

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