Entrepreneur-in-Residence, Digital Health (LG NOVA)

LG • Santa Clara, CA

101d • $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. 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

• 15+ years in startups, corporate innovation, or venture studios, with a proven ability to build and scale businesses.
• 7+ years in product strategy and digital product development, ideally in healthtech, medtech, or wellness.
• Firm grasp of healthcare business models and buyer dynamics across payers, providers, and patients.
• Familiarity with AI, 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).
• Previous founder or start-up executive experience in digital health preferred.

Nice To Haves

• Experience with AI-first product development and business model design.
• Understanding of agile venture building and lean experimentation frameworks.
• Deep network across healthcare stakeholders and potential early customers.

Responsibilities

• Identify emerging opportunities in digital health, including clinical, wellness, and B2B2C domains.
• Collaborate with external stakeholders (health systems, payers, life science companies, etc.) to define problems and validate solutions.
• Secure early pilot partnerships and customer traction.
• Develop and pitch the business case through LG NOVA's gated venture approval process.
• Negotiate venture funding and spin-out terms with LG's internal venture capital team.
• Assemble a world-class founding team.
• Build business models, product/service concepts, and go-to-market strategies.
• Lead rapid prototyping, testing, and iteration of product ideas.
• Create and manage financial forecasts and operational roadmaps.

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

• Job Type: Full-time
• Career Level: Senior
• Industry: Computer and Electronic Product Manufacturing
• Education Level: Bachelor's degree