Scout

Noun · Startup & VC

Definitions

  1. A person given small check authority or referral incentives by a venture firm to help identify promising startups early. Scout programs extend a fund's network into founder and operator communities it may not reach directly.

    In plain English: A person who helps a venture firm find promising early startups.

    Example: "The founder first met the firm through a scout who had backed similar infra startups."

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