the.com/backer
Someone betting money on your dream before the world agrees it's real.
means A person or organization that provides financial or moral support to a project, venture, or person, especially before its success is guaranteed.
from Straightforward agent-noun territory: 'back' (as in to support, stand behind, or endorse) plus the suffix '-er' (one who does the action). The verb 'back' comes from the body part — to back someone is literally to put your back behind them, bracing them up the way you'd stand back-to-back with an ally. The financial sense of backing a venture grew naturally from this 'standing behind and supporting' meaning, well established in English by the 19th century.
- origin
- from gambling, backing a horse to win
- risk profile
- money now for maybe-glory later
- kickstarter era
- turned strangers into micro-investors overnight
- best kind
- believes in you, not just the spreadsheet