Who is the real entrepreneur? The investor who makes a decision to risk his capital to capture a market's demand, or the founder who asks for money but doesn't make the decision? Ultimately it's the investor that evaluates and takes a risk on the model, not the founder.

I associate entrepreneurship with risking your own capital, and with risk in general. Investors seem far more entrepreneurial than founders when evaluated in that context. I think investors should be considered the real entrepreneurs - it's ultimately their decision.

Founders seem more like managers, not entrepreneurs. I'm talking about founders who don't risk their own capital and take investment, of course.