About Entrepreneur First (EF)
Entrepreneur First brings together the world’s most ambitious people to build startups from scratch in London, Berlin, Hong Kong and Singapore. We invest in exceptional individuals even before they have a team or an idea and help them find a cofounder, develop ideas, and subsequently raise funding from investors to build the world’s most valuable companies.
To date we have helped over 350 individuals build 80 companies with a total valuation of over $1 billion. They're funded by leading VCs and angel investors from across Europe, Asia and the US, including Index Ventures, Balderton Capital, and Y Combinator. Our major exits to date include Magic Pony, led by Rob Bishop and Zehan Wang, which was acquired by Twitter for a reported US$150m only 18 months after the Founders met on the EF programme.
Most recently, we have raised US$12.4M in a round led by Reid Hoffman, founder of LinkedIn, with participation from Greylock Partners, Founders Fund and other top US venture capital firms as well as the Deep Mind founders.
We are looking for an Entrepreneur-in-Residence for the Form team, who will deliver the EF process of helping build startups from scratch. This is a role with enormous opportunity for immediate impact.
The Form Team at EF creates the platform for the world’s highest potential individuals to achieve the impact they are capable of. This means turning each selected cohort of 50+ individuals into world-class startups. After the Form stage, EF invests and the Launch Team prepares them for external funding.
It once seemed impossible to build companies from scratch. Over the past 5 years we've built a robust, scalable way to do this. Our method creates some of the most valuable startups produced in Europe and Asia. EF's 100+ alumni companies are now worth >US$1bn. EF has a unique opportunity to develop the secret to building billion dollar companies from scratch. This is the EiR's ‘North Star’.
Read this to find out why Form matters.
The Form Team handles the EF experience from the moment people are selected to join until they have an investable startup. The EiR will help specifically with 2 core aspects of Form:
Team building - Crack the code for building teams from scratch.
We have developed a robust team-building methodology based on our 5 years of experience in the London, Singapore and Berlin cohorts, which have resulted in over 80 seed-funded companies to date. Your mission is to build as many strong teams as possible.
- Work with sole founders to help them progress into teams
- Actively manage team breakups and formation.
- Develop and refine EF's team-building frameworks.
- Use EF's historical data to create optimal co-founding teams.
Ideation - Ensure the teams work on high-potential ideas
We are in a privileged position in being able to shape how our founding teams think about generating and testing their ideas, right at the inception of the company. This can radically change the trajectory of a company for the better. Your mission is to make these ideas as high potential as possible within the constraints of the founders combined skills and insights.
- Work with EF founders to develop their ideas.
- Develop and refine EF's frameworks on ideation
- Mentor the teams through the first 3 months of idea validation and customer development
You should ideally have:
- Demonstrated experience as a founder in one or more startups, or as a senior executive in one or more early-stage, high-growth companies
- Demonstrated knowledge of early-stage startup development and funding of technology companies
- Demonstrated ability to ramp up quickly in understanding the key attributes of technologies, products, markets and teams that lead to successful startups
- Possess a high EQ and enjoy mentoring and developing entrepreneurs
- Are driven to solve problems and create real, tangible impact
- Have a ‘Hands-on’ work ethic - we are looking for people who just get things done and actively seek ownership
Bonus points for:
- A technical or scientific background
- Ability to converse in Cantonese and/or Mandarin
Reporting: You will report to the Hong Kong General Manager
You'll also get to:
- Surround yourself with the world’s smartest and most exceptional individuals and have the opportunity to work in an institution that can change the way the most ambitious people think about their careers.
- Supercharge your learning - you’ll have a very steep learning curve and work alongside a talented, ambitious, and committed team.
- Embed yourself within the EF network - we work with the best founders and investors in the region
Commitment: 1-3 days a week
Location: You’ll be based at our offices in Hong Kong
Start Date: 30th July, 2018