Bessemer Snags a “Designer In Residence” From Mint.com

Venture capitalists like to hire well known entrepreneurs and executives as “entrepreneurs in residence.” These are short term jobs, a place for someone to park themselves for up to a year or so after they’ve sold their company or otherwise have moved on. They sit in on pitch meetings, advise partners and portfolio companies, and plan their next move. And the VC generally, but not contractually, gets first dibs to invest in their next gig