Entrepreneur-in-Residence, AI Vertical (LG NOVA)

LG Electronics • Santa Clara, CA

119d • $185,000 - $270,000

About The Position

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.

Requirements

• 10+ years in startups, corporate innovation, or venture studios, with a 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.

Nice To Haves

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

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 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.

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.

What This Job Offers

• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees