As a Founder in Residence (FIR), you will have the unique opportunity to work within a venture studio or accelerator program, developing and launching new startup ideas from the ground up. This role is designed for entrepreneurial-minded individuals who are passionate about creating and scaling new businesses. You will receive resources, mentorship, and support from experienced investors and operators to turn your innovative ideas into high-growth startups.

1. Ideation and Concept Development:

   • Generate and validate new startup ideas that align with the studio's or accelerator's focus areas.
   • Conduct market research, customer interviews, and competitive analysis to refine concepts and identify product-market fit.
   • Develop business plans, go-to-market strategies, and roadmaps for potential ventures.

2. Building and Leading Teams:

   • Recruit and manage a team of co-founders, engineers, designers, and other key personnel to develop the startup.
   • Foster a collaborative and innovative team culture that aligns with the startup's mission and vision.
   • Oversee the day-to-day operations of the venture, ensuring progress towards key milestones.

3. Product Development:

   • Lead the design, development, and launch of the minimum viable product (MVP).
   • Work closely with engineers, designers, and product managers to iterate on product features based on user feedback.
   • Ensure the product aligns with market needs and has a clear value proposition.

4. Fundraising and Financial Management:

   • Prepare and pitch the startup to potential investors, including venture capitalists and angel investors.
   • Develop financial models, budgets, and projections to support fundraising efforts.
   • Manage the startup's financial resources, including overseeing expenses, cash flow, and runway.

5. Go-to-Market Strategy:

   • Develop and execute marketing, sales, and distribution strategies to acquire early customers and grow the user base.
   • Build partnerships and alliances that accelerate growth and increase market penetration.
   • Measure and optimize customer acquisition cost (CAC) and lifetime value (LTV).

6. Mentorship and Learning:

   • Engage with mentors, advisors, and industry experts provided by the venture studio or accelerator.
   • Continuously learn from feedback, iterate on the business model, and pivot as necessary to achieve success.
   • Contribute to the broader entrepreneurial community by sharing insights, lessons learned, and best practices.

7. Exit Strategy:

   • Work towards a viable exit strategy, whether through acquisition, merger, or further fundraising rounds.
   • Collaborate with investors and stakeholders to determine the best path for scaling or exiting the venture.

• Experience: Proven track record of entrepreneurship, including founding or scaling startups. Experience in product management, business development, or a related field is highly valued.
• Education: Bachelor's degree in Business, Engineering, Computer Science, or a related field. An MBA or other advanced degree is a plus but not required.
• Skills:
  • Strong leadership and team-building capabilities.
  • Exceptional problem-solving and critical-thinking skills.
  • Ability to work under uncertainty and adapt quickly to changing circumstances.
  • Strong communication and pitching skills.
  • Technical proficiency (for tech-driven ventures) or deep industry knowledge in the startup's focus area.

• Entrepreneurial Spirit: A relentless drive to build and scale new ventures from the ground up.
• Risk Tolerance: Comfortable with the inherent risks of startup life, including the potential for failure.
• Creativity and Innovation: Ability to think outside the box and develop novel solutions to challenging problems.
• Network: Access to a strong network of industry contacts, potential customers, and investors.
• Resilience: Ability to navigate the ups and downs of startup life with persistence and optimism.

• Equity stake in the venture(s) you develop.
• Potential stipend or salary during the initial phase.
• Access to studio resources, including office space, legal support, and back-office services.