Entrepreneur-in-Residence, AI Native Ventures (LG NOVA) jobs in United States
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LG Electronics · 4 months ago

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

LG Electronics is a global leader in technology dedicated to creating innovative solutions for a better life. They are seeking an experienced Entrepreneur-in-Residence to lead the incubation of a new AI venture within LG NOVA, focusing on developing and launching scalable businesses in underexplored domains. This role involves generating venture ideas, collaborating with stakeholders, and managing financial forecasts to drive successful spin-outs.

Consumer ElectronicsElectronicsHardwareTelecommunications
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H1B Sponsor Likelynote

Responsibilities

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 that 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

Qualification

AI tools expertiseDigital product managementVenture funding experienceBusiness model designCloud platformsAgile venture buildingExceptional communicatorAnalytical skillsStartup experienceProblem-solving skills

Required

7+ years in startups, corporate innovation, or venture studios, with a proven ability to build and scale businesses
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

Deep network across AI stakeholders and potential early customers
Previous founder or start-up executive experience is preferred

Benefits

No-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 401(k) Retirement Savings Plan with several investment options.
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.
Eligible for the relevant benefit programs offered through our partner agencies.

Company

LG Electronics

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LG Electronics manufactures a wide range of products including televisions, smartphones, and home appliances.

H1B Sponsorship

LG Electronics has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (23)
2024 (27)
2023 (19)
2022 (10)
2021 (10)
2020 (11)

Funding

Current Stage
Public Company
Total Funding
$800M
2024-04-18Post Ipo Debt· $800M
2023-02-01Post Ipo Equity· $0M
2003-01-10IPO

Leadership Team

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Don Kwack
President and CEO
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Hwan Yong
President & CEO - Air Conditioning & Energy Solution Company
Company data provided by crunchbase