(1). A mysterious individual, usually masked, who invests in a business but remains behind the scenes in order to protect their identity. This is usually because:
(a). They do not want to be associated with the product or service if it fails.
(b). They do not want to be bothered with the day to day operations of said business.
(c). They just want to be the “money guy” and make it rain.
(d). It is their brother-in-law’s “business” and their sister really needs the money.
“Hey Jesse, I got this new business idea and I’m gonna let you get in on the ground floor. It’s totally legit and you can be my silent partner. Ok, just close your eyes and think of this, “fireworks”. I can make them in my basement and no one else in New York sells em….it’s foolproof!
(1). To grossly overreact to a minor error or mishap, resulting in unproductive meetings, useless checklists, indecipherable procedures, overlapping layers of approval and other bureaucratic nonsense.
“Talk about killing a fly with a sledgehammer! After Sam double-billed that client last month, they now want us to have two managers review and approve all our bills before they go out! Why do I have to be punished because Sam can’t send out mail properly?!”