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Drive by VC
The financial definition for Drive by VC:
A type of venture capitalist. In the usual model, the venture capitalist (VC)
is involved in management and monitoring of the startup. A drive-by VC invests
in a portfolio of startups and is often quick to exit.
Similar MatchesEvent drivenEvent driven In the context of hedge funds, a style of management that combines many different types of hedge fund investing such as merger arbitrage, distressed securities and high yield investing, in conjunction with an important "event" that is supposed to unlock firm value (like a merger announcement, earnings announcement, or a regulator decision).
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