Entrepreneur-in-Residence, AI Native Ventures (LG NOVA)
$160k - $270k USD
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, 'Life's 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.
What we can offer:
A crafted employee experience designed to foster professional growth, a focus on health & well-being and an internal community that will set you up for success.
We offer an environment that enables colleagues to demonstrate their capabilities, focus on their work and create value. At LG, you're encouraged to take a creative and individual approach to challenges with strong emphasis placed on performance and skill—and equal, merit-based opportunities across the board. We want our colleagues to grow with our global business. That's why we deliver sure rewards for exceptional performance and offer industry-leading benefits. Come join the team!
The Opportunity: This is a contract position, not a direct full-time position with LG. This is a hybrid position with the expectation this person will work out of the Santa Clara, CA office per our current hybrid schedule (every Tuesday, Wednesday and Thursday with the option to WFH Monday’s and Friday’s).
LG NOVA, LG’s North America Innovation Center, is the company’s venture incubation arm based in Silicon Valley. Our mandate is to identify transformative growth opportunities and launch new ventures that shape the future of LG. We partner with startups, enterprises, and public institutions to co-create the next generation of impactful businesses.
We’re seeking an experienced Entrepreneur-in-Residence to lead the incubation of a new AI venture within LG NOVA in underexplored or high-friction domains outside Health and Cleantech. This is a founder-track role focused on developing, validating, and launching a scalable business—culminating in a spin-out backed by our internal venture fund.
- 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.
Qualifications:
- 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.
- Deep network across AI stakeholders and potential early customers preferred.
Previous founder or start-up executive experience is preferred.
#LI-JH1 #LI-Hybrid
Recruiting Range
$160,000—$270,000 USD
Benefits Offered Full-Time Employees:
- 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.
Benefits Offered Temporary/Contractors:
- Eligible for the relevant benefit programs offered through our partner agencies.
Privacy Notice to California Applicants
At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.
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.