capital is a commodity. strong entrepreneurial teams are not.
Team in Residence is a group of successful entrepreneurs and venture capitalists that partner with talented innovators to create sustainable enterprises. Our belief is that by providing talented innovators a well rounded team that brings expertise, relationships, and access to capital, entrepreneurs can both realize their vision and be rewarded in the process. We are unique in that all members of TIR have not only worked together previously, but each of them has experience as an investor, entrepreneur, and operator. The unique perspective offered by understanding the challenges of building a business, operating it efficiently, and optimizing complex capital procurement allows us to maximize value for the entrepreneur and the budding enterprise.
We formed TIR to provide unbiased guidance to entrepreneurs. The biggest problem with incubators today is an inherent conflict of interest. You can either partner with entrepreneurs or invest in them — you can’t do both. If the incubator becomes your investor, it seeks to optimize its financial interest (albeit at your cost). We want to be in the same boat as entrepreneurs, align our interest with them, and win together.