Product Builder, Mid-Level

Qualifications

• Able to work well with senior executives in a way that makes efficient use of their time

• Excellent quantitative and analytical skills normally found with STEM degrees or equivalent background where you have practiced and honed such skill sets

• Previous 0 to 1 software startup experience

• At least one of (i) Previous experience working in venture capital assessing business plans and working with start-ups and entrepreneurs, or (ii) technical startup experience in a product or building capacity

• Strong due diligence skills including market research, competitive market mapping, trend analysis, TAM/SAM/SOM analysis, go-to-market strategy formulation, and pro-forma financial construction and analysis

• Can write software code with AI assistance

• Proactive self-starter with a strong work ethic and ownership mentality

• Excellent organizational skills to keep projects moving forward to meet predetermined milestones

• Growth and technical startup mindset

• This may include willingness to try and fail but try again, biased to action, capable of handling ambiguity, scrappy, flexible and comfortable being outside of one’s comfort zone, able to learn from and incorporate feedback to enhance one’s analytical and interpersonal skills

• Must have a curious mindset and keep up to date with latest trends in AI

• Excellent interpersonal and communication skills

• Strong writing and presentation skills

• Strong Gen AI and ML knowledge

Responsibilities

• The Product Builder will be responsible for ideating, validating product concepts, supporting the development of business cases, and assisting in the transition of projects into newly formed companies

• Carry out ideation and early product validation: You will be responsible for working with our partners to quickly validate or falsify specific ideas

• This may involve generating candidate business concepts, prototyping, and customer interview work

• Build a business case: For ideas that seem promising, you will be responsible for building a case for the business, including such elements as a TAM/SAM/SOM analysis, initial business model and initial GTM strategy, and compiling a pitch deck-like document that communicates the main thesis of the business, minimum viable product, initial go-to-market, and long-term vision

• Assist with bringing on FIRs (Founders in Residence): You will play an instrumental role in explaining the business idea to potential founders, helping them understand the potential of the business, and working to bring on a strong FIR to carry the business forward through a three month company Build Stage

• Support FIR, Venture Advisor, and AI Fund Partner through initial phases of the project: AI Fund and the FIR will meet regularly during the Build Stage

• You will be carrying out both product and program management roles during this period

• As program manager, you will stay on top of all of the communication internally and externally with the FIR, as well as communicate schedules and track milestones

• You will report out to the Venture Advisor and Partner key update, as well as ensure fast escalation should any problems arise

• As product manager, you will assist with customer discovery calls, identify customer needs, work to explore and achieve product-market fit, research competitors and substitutes, coordinate internal and external resources, build financial models, work on the pitch deck and anything upon request by the FIR, Venture Advisor or Partner

• Support the AI Fund’s investment decision at the conclusion of the Build Stage: You will be helping to build a case for whether or not the AI Fund should invest

• Continue to follow and support the new portfolio company: As it grows its team, builds its product, closes its initial customers, and faces down challenges en route to closing its first external round of financing

Full Description

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Job Summary:

AI Fund is a venture studio founded by Dr.

Andrew Ng that focuses on building AI companies to drive innovation across various industries.

The Product Builder will be responsible for ideating, validating product concepts, supporting the development of business cases, and assisting in the transition of projects into newly formed companies.

Responsibilities:

• Carry out ideation and early product validation: You will be responsible for working with our partners to quickly validate or falsify specific ideas.

This may involve generating candidate business concepts, prototyping, and customer interview work

• Build a business case: For ideas that seem promising, you will be responsible for building a case for the business, including such elements as a TAM/SAM/SOM analysis, initial business model and initial GTM strategy, and compiling a pitch deck-like document that communicates the main thesis of the business, minimum viable product, initial go-to-market, and long-term vision

• Assist with bringing on FIRs (Founders in Residence): You will play an instrumental role in explaining the business idea to potential founders, helping them understand the potential of the business, and working to bring on a strong FIR to carry the business forward through a three month company Build Stage

• Support FIR, Venture Advisor, and AI Fund Partner through initial phases of the project: AI Fund and the FIR will meet regularly during the Build Stage.

You will be carrying out both product and program management roles during this period.

As program manager, you will stay on top of all of the communication internally and externally with the FIR, as well as communicate schedules and track milestones.

You will report out to the Venture Advisor and Partner key update, as well as ensure fast escalation should any problems arise.

As product manager, you will assist with customer discovery calls, identify customer needs, work to explore and achieve product-market fit, research competitors and substitutes, coordinate internal and external resources, build financial models, work on the pitch deck and anything upon request by the FIR, Venture Advisor or Partner

• Support the AI Fund’s investment decision at the conclusion of the Build Stage: You will be helping to build a case for whether or not the AI Fund should invest

• Continue to follow and support the new portfolio company: As it grows its team, builds its product, closes its initial customers, and faces down challenges en route to closing its first external round of financing

Qualifications:

Required:

• Able to work well with senior executives in a way that makes efficient use of their time

• Excellent quantitative and analytical skills normally found with STEM degrees or equivalent background where you have practiced and honed such skill sets

• Previous 0 to 1 software startup experience

• At least one of (i) Previous experience working in venture capital assessing business plans and working with start-ups and entrepreneurs, or (ii) technical startup experience in a product or building capacity

• Strong due diligence skills including market research, competitive market mapping, trend analysis, TAM/SAM/SOM analysis, go-to-market strategy formulation, and pro-forma financial construction and analysis

• Can write software code with AI assistance

• Proactive self-starter with a strong work ethic and ownership mentality

• Excellent organizational skills to keep projects moving forward to meet predetermined milestones

• Growth and technical startup mindset.

This may include willingness to try and fail but try again, biased to action, capable of handling ambiguity, scrappy, flexible and comfortable being outside of one’s comfort zone, able to learn from and incorporate feedback to enhance one’s analytical and interpersonal skills

• Must have a curious mindset and keep up to date with latest trends in AI

• Excellent interpersonal and communication skills

• Strong writing and presentation skills

• Strong Gen AI and ML knowledge

Preferred:

• Previous experience working in a venture studio or venture formation group within a corporation

• Previous 0 to 1 software startup experience

Company:

AI Fund is a VC firm made up of AI pioneers, operators, entrepreneurs, and investors, supported by LPs such as NEA, Sequoia and Greylock.

Founded in 2017, the company is headquartered in Palo Alto, California, USA, with a team of 11-50 employees.

The company is currently Early Stage. AI Fund has a track record of offering H1B sponsorships.