Founder in Residence
FIRST A BIT ABOUT US
We are a startup studio located in Seattle with funding from Madrona Venture Group, other VCs, and top Seattle and Bay Area entrepreneurs and investors. We work with entrepreneurs to identify ideas for industry- and world-changing companies and then apply a rigorous validation process to build only the very best ones. Because of our investment in vetting startup ideas, we know that when we move forward with a company it has an extraordinary chance to be an outsize success.
Ready to work on a big idea with the support and backing of Madrona Venture Labs?
The Founder-in-Residence (FIR) opportunity with our team at Madrona Venture Labs (MVL) is a 3-12 month opportunity designed to match successful entrepreneurs with business ideas that we believe have the potential to be industry changing, $1B+ opportunities or dig into potential areas/markets to investigate ideas.
We have two ways we support our FIR opportunity at MVL:
The first is joining us as a domain expert to investigate a thematic area of interest for MVL. At any given time, we have several different themes or market trends we’re interested in investing in--both with team support and financial backing. You’d lead the effort to research the market, develop a thesis on the area(s) of opportunity and narrow in on a fundable/big idea. As either the CEO or a member of the co-founding team, you’d then fundraise and build your startup team.
The other way we work with FIR’s is the opportunity to join MVL to lead an already-vetted idea. You’ll take over leading the effort and work with the support of a small team from the Lab (that could consist of a mix of engineering, design and business support). We’ll help provide the power to build and test the idea and we’ll support with a path to seed funding.
All FIR’s are a little different but to be successful in this role, you’re likely an all-around athlete who can add value in a variety of ways. Generally, the attributes and skills that are are important to us include:
- An intense curiosity to problem solve in an environment of uncertainty
- A test-and-learn mindset as the idea continues to evolve
- Extensive experience leading teams, working in a startup or mentoring startups
- Deep domain expertise in a thematic area of focus for MVL. Examples include: machine learning, artificial intelligence, commerce, travel, marketing, and fintech
- Experience and excitement about raising funding and familiarity working with VC’s
- Experience leading a startup or leadership experience (with P&L responsibility) at a Fortune 100 company
- Familiarity with forecasting/business models
- Excitement to build/support a diverse and talented team
EQUAL OPPORTUNITY IS WHERE IT'S AT
One more important note from our end: we recognize the dire lack of diversity in our industry, and we're not standing by. We actively seek to address it with our hiring and retention processes, as well as our office culture. We try to have every team that spins out of MVL be diverse. Why? Well, partly because a diverse team has a better likelihood of success...but mostly, because it's the right thing to do. So to put it more formally, we’re an equal opportunity employer. All applicants for all positions will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. Because that's how everyone should roll.