Michael Bauer

Embracing The Maybe: The Case For Risk-Taking

03/22/2010 - 20:00
Special To The Jewish Week

A recent article in the Business section of the Sunday New York Times, entitled “6 Months, $90,000, and (Maybe) a Great Idea,” described the phenomenon of the “Entrepreneur in Residence”(EIR). In Silicon Valley, there is a growing trend amongst venture capital firms to give business entrepreneurs, many of whom have successfully started and sold companies in the past, the opportunity to use their office space, benefit from a generous stipend, and put on their thinking hats. The hope is that they will come up with the next Google or Facebook.

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