vulture capitalist


Also found in: Financial.

vulture capitalist

(abuse)
A pejorative hackerism for "venture capitalist", deriving from the common practice of pushing contracts that deprive inventors of control over their own innovations and most of the money they ought to have made from them.
This article is provided by FOLDOC - Free Online Dictionary of Computing (foldoc.org)
References in periodicals archive ?
However, receivers from Duff & Phelps of London Ltd locked up the site last month on behalf of Promontoria Pine DAC, a so-called vulture capitalist group which is the main creditor for Chase Park, after buying up its debt in the financial crisis of 2008.
The receivers are acting on behalf of Promontoria Pine DAC, a so-called vulture capitalist group which holds a charge on the land after buying up the site's debt from the Allied Irish Bank during the financial crisis of 2008.
The Denver Post, the last stalwart of any hint of big city journalism left in Colorado, took to its own pages on April 8 to completely trash its own ownership, New York City hedge fund Alden Global Capital, as a "vulture capitalist" intent on making the once-proud newspaper and Colorado institution "rotting bones." That there is any flesh left on those bones after another round of newsroom layoffs is open to debate.
And Obama ran ads calling Romney a "vulture capitalist."
He and his vulture capitalist buddies will harvest companies and off-shore jobs (lay off workers).
The information didn't exactly help Romney's "vulture capitalist" reputation -- it turns out he made $45 million in income over two years (primarily from investments) and that his effective tax rate for 2010 was 13.9 percent.
Yes, Romney may have a lock on the nomination by April, but waiting could play perfectly into the hands of Democrats who will do everything possible to brand Romney as, to use Rick Perry's words, a "vulture capitalist" who has used this country's regressive tax policies to place himself among the "1 percent."
The receivers are acting on behalf of Promontoria Pine DAC, a socalled vulture capitalist group which holds a charge on the land after buying up the site's debt from the Allied Irish Bank during the financial crisis of 2008.
Some residents staged a protest this week claiming more than 100 families will be evicted if a vulture capitalist group acquires the properties.
It was those early vulture capitalists that drew the attention of more professional and institutionalised investors, inducing in them a serious case of FOMO (fear of missing out) about the Pakistani startup ecosystem.
They falsely blame EU regulations for their own failure to regulate the vulture capitalists who have lined their own pockets with taxpayers' billions to bail out British steel.
DFM has a well-deserved reputation for being 'vulture capitalists' because they bleed these already-suffering papers dry and pick over their bones for profits."