Entrepreneur First (EF) is Europe and Asia’s leading talent investor. In just over four years, we have helped the world most ambitious and talented individuals build more than 200 companies, worth over £1.5 billion. In summer 2017, we raised a $12.4m funding round led by Reid Hoffman, Greylock, Founders Fund, Lakestar and some of the world’s best entrepreneurs.
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 100 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 has a unique opportunity to develop the secret to building billion dollar companies from scratch.
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 3 aspects of Form:
Team Building - Crack the code for building teams from scratch.
We have developed a robust team-building methodology based on our 6 years of experience in the London, Singapore, Berlin, Paris, Bangalore and Hong Kong cohorts, which have resulted in over 150 seed-funded companies to date. Your mission is to build as many strong teams as possible.
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.
Let's face it, most ideas are bad - at least at first. The EIR plays a key role as advisor as the teams do customer development, providing guidance on when to learn and pivot and when to just start fresh
Investment readiness - From teams to companies
EF invests in all the companies in a cohort that we believe have a good chance of raising capital externally. The EIRs help the companies build a rounded picture of their prospects to present to the internal panel and also contribute to the training the founders receive prior to demo day and going out to raise.
You should ideally have:
Bonus points for:
You'll also get to:
Commitment: 3 days per week. 6-12 months. Most of our EiRs either go on to found another company or join the EF team on a permanent basis.
Location: You’ll be based at our offices in London
Start Date: September 2019