Product Lead

London, United Kingdom
Factory – Product
Full-time
👋 Hey, We're Founders Factory

We're the world’s best partner for founders. 

Started by Brent Hoberman and Henry Lane Fox, Founders Factory has received investment from L’Oreal, easyJet, Guardian Media Group, Aviva, Holtzbrinck, CSC and M&S. We're also partnered with Wunderman and Vodafone. Combined with our full-time team of 60 specialists we offer founders the best platform to launch or scale their startup.

Our incubator creates 13 new startups every year. We validate ideas, build founding teams, find first customers and invest directly in each startup.

Our accelerator invests in 35 startups every year. We invest cash, six months of bespoke support from our team and provide commercial opportunities with our investors.

We're also Europe's Hottest Startup Accelerator according to the Europas, read more here.

We provide all the excitement and freedom of an early stage startup but with the stability and resources of a large organisation. This is your rare chance to contribute across the full business spectrum to cofound a business with Founders Factory! 
- Get paid a competitive founder salary for 6 months to kick start your business
- Receive an initial seed investment of £150K when your business spins out
- Founder level equity
- Free office space with the Factory until you raise your next round of investment
- Access to shared resources across the Factory operations team including support across investments, strategic partnerships, growth marketing, branding, etc.

🎯 What we need:
Often the requirements for a new business are ambiguous, so as our Product Lead, you'll be working directly with our corporate investors to identify new business opportunities. You’ll tease out problems, conceptualise solutions in the form of prototypes, and validate them with consumers. This process involves proposition development where business model validation is at the heart of the role, so we seek individuals who are constantly thinking about how to fix real world problems in the form of new products. You will be expected to share ideas and approaches with the larger product development team to help see innovative ideas through to launch. 
You have a curious and creative mind, eager to understand what makes people tick, but have the ability to focus on process and look at things from a business point of view. You should love building products that users rave about and working across different projects with lots of competing priorities at rapid pace. You should thrive in a startup environment and subscribe to lean methodologies and principles of product development.

💪🏾 You'll be responsible for:

    • Leading a single incubation project to further test hypotheses of market segments and business models to define competitive advantage 
    • Developing the product with proprietary technology and further building out the MVP for mobile to put into the hands of real users to test concepts
    • Manage a team of engineers and designers to prioritise, validate and launch the product 
    • Activating distribution partnerships and supercharging growth 
    • Hiring and retaining a world class team upon spin out

🙋 Skills you will possess:

    • 5 - 7 years of experience in a leadership capacity
    • Commercial and/or product experience taking an early stage business forward and bringing concepts to life 
    • Constantly experimenting with new technologies and tools to drive innovation and creativity
    • Proven track record of fundraising (minimum £500K) 
    • Strong communication skills - you’ll be sharing the results of analyses, and discussing technical problems, with a variety of technical and non-technical audiences

🤘 Benefits:

    • Growth: Work with and meet exceptional talent. Learn faster than you ever have before.
    • Autonomy: Freedom to execute, build businesses, not just products.
    • Office Meals: Catered lunches, unlimited breakfast, healthy snacks, freshly ground coffee and Paul’s Irish Bar. 
    • Health and Wellness: Yoga, Stretch O’Clock
📈 Benefits

We provide all the excitement and freedom of an early stage startup but with the stability and resources of a large organisation. This is your rare chance to contribute across the full business spectrum to become a founder in the future:

- Growth: Work with and meet exceptional talent. Learn faster than you ever have before. Access our large network of investors and customers.
- Autonomy: Freedom to execute, build businesses, not just products.
- Support: marketing, legal, finance, fundraising, growth, business development and recruitment.
- Health and Wellness: Comprehensive extended health care coverage from Vitality.
- Office Space: Desk space in fully-serviced office on High Street Ken with table tennis table, scooters and breakout spaces.
- Office Meals: Catered lunches 2 days a week, unlimited breakfast, healthy snacks, freshly ground coffee and Paul’s Irish Bar.

Please note: we have an overwhelming number of applications and will do our best to get back to you within 72 hours if you fit the bill.