One of the terms we coined there was a “seagull.” We used it to describe certain of our partners (e.g. the owners of Andersen Consulting). Seagulls were the partners who didn’t spend much actual time on your project. They were smart and accomplished. They knew enough about your project to have an opinion but not enough to help. They would swoop in for one day to “check in on things,” shit on you and then fly away. Seagulls.
The analogy holds pretty well for some VCs and this can be destructive.
http://www.bothsidesofthetable.com/2009/10/25/choose-your-vc... --
One of the terms we coined there was a “seagull.” We used it to describe certain of our partners (e.g. the owners of Andersen Consulting). Seagulls were the partners who didn’t spend much actual time on your project. They were smart and accomplished. They knew enough about your project to have an opinion but not enough to help. They would swoop in for one day to “check in on things,” shit on you and then fly away. Seagulls.
The analogy holds pretty well for some VCs and this can be destructive.