Taba: 'Nerds in Residence' drive better returns than traditional EIRs
Theo Tabah · The Ultimate Guide to Building Million Dollar Agencies · May 4, 2023 · at 34:39
Theo Taba, COO of Late Checkout, contrasts their model of hiring subculture obsessives with the traditional venture studio model of hiring generalist entrepreneurs in residence.
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“Again, a lot of other studios and innovation labs have entrepreneurs in residence and they hire an entrepreneur who's quote unquote created a company before. But to your point about us and the importance of resonating with the community and being authentic, we can only be nerds in so many things. Our team can only be nerds in so many things. So when you hire that nerd in residence, I think the unlock is tremendous for what the potential success or outside returns can be.”
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