LG Electronics USA
Entrepreneur-in-Residence, AI Vertical (LG NOVA)
LG Electronics USA, Santa Clara, California, us, 95053
Overview
LG NOVA, LG's North America Innovation Center, is the company's venture incubation arm based in Silicon Valley. Our mandate is to identify transformative growth opportunities and launch new ventures that shape the future of LG. We partner with startups, enterprises, and public institutions to co-create the next generation of impactful businesses. The Role
Entrepreneur-in-Residence (EIR), AI Vertical
— We are seeking an experienced EIR to lead the incubation of a new AI venture within LG NOVA in underexplored or high-friction domains outside Health and Cleantech. This is a founder-track role focused on developing, validating, and launching a scalable business culminating in a spin-out backed by our internal venture fund. What You'll Do
Develop and pitch ventures through LG NOVA's gated approval process and drive a venture from ideation to spin-out. Generate venture ideas by identifying emerging AI technologies, trends, and gaps in the market (B2B, B2C, B2B2C). Collaborate with internal and external stakeholders to deliver proof-of-concepts for venture ideas including rapid prototyping and validating hypotheses. Build business models, product/service concepts, and go-to-market strategies. Create and manage financial forecasts and operational roadmaps. Secure early pilot partnerships and customer traction. Negotiate venture funding and spin-out terms with LG's internal venture capital team. Assemble a world-class founding team. Experience We'd Like You To Have
10+ years in startups, corporate innovation, or venture studios, with a proven ability to build and scale businesses. 7+ years in digital product management, strategy, or development. Technical expertise with AI tools, cloud platforms, and software/hardware integration. Experience raising capital and working with VCs or corporate venture arms. Track record of navigating ambiguity and operating with urgency in white space environments. Exceptional communicator with strong analytical and problem-solving skills. Bachelor's degree in business, engineering, computer science, or a related field (advanced degrees a plus). Experience with AI-first product development and business model design. Understanding of agile venture building and lean experimentation frameworks. Preferred Qualifications
Deep network across AI stakeholders and potential early customers. Previous founder or start-up executive experience is preferred. Please Note
This is a contract position, not a direct full-time position with LG. Location
This is a hybrid position with the expectation the person will work out of the Santa Clara, CA office per our current hybrid schedule (every Tuesday, Wednesday and Thursday with the option to work from home on Mondays and Fridays). Compensation
Salary range is dependent on experience level. Recruiting Range: $185,000 – $270,000 USD. Benefits
Benefits Offered Full-Time Employees:
No-cost employee premiums for you and your eligible dependents for medical, dental, vision and prescription benefits. Auto enrollment with immediate vesting of 401(k) company matching contributions. Generous PTO including holidays and paid sick/vacation time. Performance-based short-term incentives. Access to confidential mental health resources and personal fitness goal incentives. Family-oriented benefits such as paid parental leave and support for families with diverse needs. Group Life and Disability Insurance. Benefits Offered Temporary/Contractors:
Eligible for the relevant benefit programs offered through our partner agencies. Privacy Notice
Equal employment opportunity statement: LG provides equal opportunity to all individuals regardless of race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by law. LG is committed to pay transparency, and salary ranges take into account factors such as skillset, experience, and internal equity. Geographic pay differentials may apply in final offers.
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LG NOVA, LG's North America Innovation Center, is the company's venture incubation arm based in Silicon Valley. Our mandate is to identify transformative growth opportunities and launch new ventures that shape the future of LG. We partner with startups, enterprises, and public institutions to co-create the next generation of impactful businesses. The Role
Entrepreneur-in-Residence (EIR), AI Vertical
— We are seeking an experienced EIR to lead the incubation of a new AI venture within LG NOVA in underexplored or high-friction domains outside Health and Cleantech. This is a founder-track role focused on developing, validating, and launching a scalable business culminating in a spin-out backed by our internal venture fund. What You'll Do
Develop and pitch ventures through LG NOVA's gated approval process and drive a venture from ideation to spin-out. Generate venture ideas by identifying emerging AI technologies, trends, and gaps in the market (B2B, B2C, B2B2C). Collaborate with internal and external stakeholders to deliver proof-of-concepts for venture ideas including rapid prototyping and validating hypotheses. Build business models, product/service concepts, and go-to-market strategies. Create and manage financial forecasts and operational roadmaps. Secure early pilot partnerships and customer traction. Negotiate venture funding and spin-out terms with LG's internal venture capital team. Assemble a world-class founding team. Experience We'd Like You To Have
10+ years in startups, corporate innovation, or venture studios, with a proven ability to build and scale businesses. 7+ years in digital product management, strategy, or development. Technical expertise with AI tools, cloud platforms, and software/hardware integration. Experience raising capital and working with VCs or corporate venture arms. Track record of navigating ambiguity and operating with urgency in white space environments. Exceptional communicator with strong analytical and problem-solving skills. Bachelor's degree in business, engineering, computer science, or a related field (advanced degrees a plus). Experience with AI-first product development and business model design. Understanding of agile venture building and lean experimentation frameworks. Preferred Qualifications
Deep network across AI stakeholders and potential early customers. Previous founder or start-up executive experience is preferred. Please Note
This is a contract position, not a direct full-time position with LG. Location
This is a hybrid position with the expectation the person will work out of the Santa Clara, CA office per our current hybrid schedule (every Tuesday, Wednesday and Thursday with the option to work from home on Mondays and Fridays). Compensation
Salary range is dependent on experience level. Recruiting Range: $185,000 – $270,000 USD. Benefits
Benefits Offered Full-Time Employees:
No-cost employee premiums for you and your eligible dependents for medical, dental, vision and prescription benefits. Auto enrollment with immediate vesting of 401(k) company matching contributions. Generous PTO including holidays and paid sick/vacation time. Performance-based short-term incentives. Access to confidential mental health resources and personal fitness goal incentives. Family-oriented benefits such as paid parental leave and support for families with diverse needs. Group Life and Disability Insurance. Benefits Offered Temporary/Contractors:
Eligible for the relevant benefit programs offered through our partner agencies. Privacy Notice
Equal employment opportunity statement: LG provides equal opportunity to all individuals regardless of race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by law. LG is committed to pay transparency, and salary ranges take into account factors such as skillset, experience, and internal equity. Geographic pay differentials may apply in final offers.
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