Founder-in-Residence, AI Native Ventures (LG NOVA)

HIGHLIGHTSHybridTemporary EmployeeAI Vertical Team LOCATIONSanta Clara CA Step into the innovative world of LG Electronics. As a global leader in technology LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise Lifes Good embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations.Our diverse portfolio includes Home Appliance Solutions Media Entertainment Solutions Vehicle Solutions and Eco Solutions. Our management philosophy Jeong-do Management embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of Customer-Value Creation and People-Oriented Management these values shape our corporate culture fostering creativity diversity and integrity. At LG we believe in the power of collective wisdom through an inclusive work environment.Join us and become a part of a company that is shaping the future of technology.At LG we strive to make Life Good for Everyone.LG NOVA LG Electronics North America Innovation CenterYou are not applying for a job. You are here to found LGs next company.LG NOVA builds new ventures and spins them out as real businesses. We are looking for a small group of founders to validate and launch the next one with LGs balance sheet distribution and government relationships behind them.We are currently recruiting for our next Founder in Residence cohort with the first 90-day validation sprint targeted to begin on October 1 2027.This is a founding seat not an advisory one. If the venture proves out you lead it as Founder and CEO.The mandate is open on purposeWe are not handing you a problem to solve. The strongest ventures come from founders who already see something the market has missed so we are domain agnostic by design. While we are domain agnostic we are focused on AI-enabled software ventures with strong commercial potentialBring the problem you have unfair insight into the buyers you already know and the conviction that it should exist as a company. Every venture in this cohort is AI-native.NOTE We are building software solutions only so no hardware no robotics and nothing capital intensive upfront. Every venture in this cohort is AI-native. The industry is yours to pick. For this cohort we are not considering health or clean tech other verticals at LG NOVA so if that is your space this is not the cohort for it.Who we are looking forYou are a domain operator with deep access to the buyers in your space. You have built or commercialized something real and have experience raising funding rounds. People in your industry take your call. Maybe you founded before maybe you raised before maybe you ran a business line that behaved like a startup. You move fast when the path is unclear and you close.The profile we wantFounder repeat founder or founding executive experienceDeep expertise and credibility in a specific industry or problem spaceA live network of buyers and decision makers in your domain that you can leverage.A track record of building commercializing or scaling something newComfort in ambiguity with a bias toward evidence and revenueA clear view on why AI makes your venture buildable now and not three years agoWhat LG NOVA offersYou get resources most early founders would fight for.A concept testing budget so you can put real money behind proving demandA de-risking idea to commercialization budget up to 500K setting you up for Seed round.Government partnerships in multiple U.S. States that open real doors to pilots design partners and first customersAn LG backed fund that gives validated ventures a direct path to capital so you are not starting your raise from zeroMarket research market sizing and financial modeling done alongside you not billed back to youEngineering services to help you test and buildA competitive stipend at market rates while you do the workEquity in the venture you just validated and commercialized if it progresses to the Seed roundYou validate. We resource it.How the program runsThe program runs in two sprints.Sprint 1 is 90 days of validation. You define a specific high value problem identify the economic buyer test willingness to pay and generate hard evidence that a venture should exist. The point is proof not a product.Sprint 2 is 180 days of building toward venture formation.You move from evidence to commercialization early customers and the foundation of a company.If the venture earns it you become Founder and CEO of a new business built with LG behind you.What you will doDevelop and sharpen a venture thesisRun buyer discovery with the people who actually hold the budgetPin down the economic buyer the budget owner and how they buyValidate the pain the workflow and the real size of the demandDesign and test a paid pilot a design partner program or an early offeringSecure concrete evidence of willingness to pay whether a paid pilot a signed letter of intent with commercial terms or a design partner agreement from a named buyerBuild the commercialization plan and the business modelBring back a recommendation grounded in what the market told youWhat success looks like by the endA clearly defined venture opportunityA validated customer and economic buyerHard evidence of demandA credible path to revenueSigned design partners pilots or customer commitmentsA commercialization plan that scalesEnough conviction that LG should invest and buildThe DetailsThis is a hybrid role based in Santa Clara California.The Founder in Residence program is designed as two consecutive 90-day sprints. Compensation is annualized and paid during each sprint as follows- Sprint 1 90 days Annualized compensation equivalent of 180000-200000 plus a dedicated concept testing budget.- Sprint 2 90 days Annualized compensation equivalent of 200000-240000 contingent upon successful completion of Sprint 1 and selection to continue into the commercialization phase.We are selecting a very small highly selective founding cohort for this round so the bar is high and the opportunity is significant.If your venture is successfully spun out and you transition into the role of Founder & CEO your executive compensation package-including salary equity and other compensation elements-will be negotiated separately as part of the new companys formation and financing.How to applySend us- Your resume- A short founder summary about one page answering the three questions below in a few sentences each1 What experience have you had building Pick one venture product or business you personally helped build or commercialize. What was the problem what did you own and what were the measurable results such as revenue customers funding or adoption2 What traction did you have Tell us about a time you found a real customer need proved demand and won early customers. What did you do and what happened3 How do you move Give us one example of using your network to accelerate something a key hire a partnership a customer relationship or an industry connection that changed the outcome. HYBRIDRecruiting Range180000-200000 USDBenefits Offered Full-Time EmployeesNo-cost employee premiums for you and your eligible dependents for competitive medical dental vision and prescription benefits.Auto enrollment with immediate vesting of competitive company matching contributions in a 401k Retirement Savings Plan with several investmentoptions.Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time. Performance based Short-Term Incentives varies by role.Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.Family orientated benefits such as paid parental leave and support for families raising children with learning social behavioral challenges or developmental disabilities.Group Rate Life and Disability Insurance.Benefits Offered TemporaryContractors Eligible for the relevant benefit programs offered through our partner agencies.Privacy Notice to California ApplicantsApplicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at 973-477-7090 orsupportlg4me.freshdesk.com. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.All qualified applicants will be considered for employment without regard to race color religion sex including pregnancy sexual orientation or gender identity national origin age disability genetic information protected veteran status or any other characteristic protected by applicable federal state or local law.In addition to the above LG believes that pay transparency is a key part of diversity equity and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset experience licensure certifications internal equity and other business needs. While we consider geographic pay differentials in final offers because we operate in many geographies where applicable the salary range listed may not reflect all geographic differentials applied.