Not sure why, but over the last few years, quite a few people I know took on EIR roles at various VC firms in both the East Coast and in Silicon Valley. Overall, there are positives and negatives to being an EIR. The positives are kind of obvious:
- A reasonable paycheck to work off of while you think through your next company
- Exposure to a large data set of portfolio companies and companies that a VC reviews
- Expansion of one’s network through the network of the VC
- Usually few official “strings” attached to the VC aside from an implicit or explicit expectation that the firm get a “first look” at a company that is started during this time.
- Exposure to the venture capital process and a behind-the-scenes look to how VC’s work and evaluate deals
Image: http://robgo.org
