Founder in Residence

4 weeks ago

Austin, United States augmentjobs Full time
Job DescriptionJob Description Job Overview:

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.

Key Responsibilities:

  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.
Qualifications:
  • 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.
Preferred Qualities:
  • 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.
Compensation:
  • 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.

Company Overview: Mobius Ventures is venture accelerator committed to empowering founders and startups to scale their ventures through a unique combination of capital, operational expertise, and an expansive network. Mobius Ventures is uniquely positioned to guide visionary entrepreneurs toward long-term success.

Founder-First Mindset: At Mobius Ventures, we are committed to a founder-first mindset. We partner with companies even before they undergo a venture round, focusing on those with strong market validation. While we do not require startups to be post-revenue, we do need to see evidence of market traction at a minimum. We also work with startups that have already undergone a venture round or have generated revenue. Our founders are seasoned operators from Bain & Company and Mckinsey & Company who both founded success businesses in E-commerce and Web3.

Key Offerings:

1.Capital Investment: Mobius Ventures provides critical early-stage funding to help startups develop their products, build strong teams, and enter the market with confidence. We strategically deploy capital, working closely with founders to ensure that resources are utilized effectively to maximize growth and impact.2.Operational Support: Our team of seasoned operators, strategists, and industry experts offers hands-on support in areas such as product development, marketing, sales, talent acquisition, and financial planning. We immerse ourselves in each venture, providing the operational expertise necessary to navigate the complexities of scaling a business.3.Network Access: Mobius Ventures connects startups with a vast network of founders, investors, and industry leaders, offering access to a vibrant ecosystem of opportunities. This network is an invaluable resource for insights, partnerships, and accelerated growth, opening doors to new possibilities and strategic collaborations.

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