But the woman who opens a store in a nearby mall or the man who starts a mail-order business from his home are no less entrepreneurs.
One week later, Yahoo's chief technology officer, Raymie Stata, another longtime employee, stepped down, though he did accept a less prominent "entrepreneur in residence" role at the company.
And so he comes across as less the entrepreneur from birth than the nerd's nerd, never happier than when up to his eyes in bits and bytes and the esoterica of hardware and software.
It is impossible to open a bank account without a legal identity, which limits their ability to find decent jobs, much less become entrepreneurs.
Dorsey's imprimatur shields Square from much of the reputational damage a similar move might inflict upon a less-seasoned entrepreneur.
Mr Ecclestone mainly negotiated it not with big car companies but with the less careful entrepreneurs who then owned the teams, getting a very good deal in the process.
But to critics who say that ROBS are used primarily by older, less sophisticated entrepreneurs, he said: "People are coming to us after they've built their idea, found a franchise, or secured a business to buy.
Where did this trend come from? A. When you go to the consumer Internet side, you've got much younger, less experienced entrepreneurs than on the enterprise and communications side, it takes much less money to start companies and products can get out faster.
Given participants' lack of entrepreneurial traits and ability to develop business ideas, this approach likely has advantages in serving the needs of the less capable entrepreneurs.
With less repeat entrepreneurs and a younger ecosystem, it's still hard to deploy the same amount of capital in Europe as in the U.S.
