Entrepreneur-in-Residence, AI Native Ventures; LG NOVA

Overview

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.

About LG NOVA
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.

The Role:
Entrepreneur-in-Residence (EIR), AI Vertical
We’re seeking an experienced Entrepreneur-in-Residence to lead the incubation of a new AI venture within LG NOVA in under explored 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.

What You’ll Do

• 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 include 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.
• 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 Qualifications

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

Please Note: this is a contract position, not a direct full-time position with LG.

Location: 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 Mondays and Fridays).

Compensation: salary range is dependent on experience level.

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…