6 Months, $90,000 and (Maybe) a Great Idea

It seems a bit odd that an EIR can sit in on other founders' pitches. I'm the last person to get paranoid about NDAs or stolen ideas but this guy is getting paid to sit around and think of <i>something</i>.

Anyone else sick of drawn out human interest stories at the beginning of news articles?<p>WRT to the article:<p><i>Most E.I.R.’s receive a monthly stipend of up to $15,000 to sit and think for about six months.</i><p>That is a horrible way to create successful products. Good entrepreneurs take action as much as they deeply ponder ideas.

EIR sounds like the Disneyland of startups.<p>Would I take the money as an EIR? Sure. Building something of real value is tough work and every possible advantage must be considered.<p>Would I take the best deal? Yup. There's no obligation for a firm to invest in an EIRs idea, so take the color of money that leaves you with the most ownership.