Bike shedders? Bike shedding had an explanation wikipedia, if that's the phrase you meant to pull from. It's a new term for a concept I'm familiar with. I like it.
I've never been near VC companies, so I can only imagine how much of it happens there compared to elsewhere.
I don't think you bastardized it. It's becoming standard 'english' to manipulate participles and verbs into nouns by adding the 'er,' which makes me exceptionally grumpy in some crosswords. I just couldn't find anything that said 'bike shedder' specifically so I wanted to make sure.