AI Fund

Founder-in-Residence/CEO (AI for Technical Documentation)

134 days ago

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Who We Are:
AI is the new electricity: Just as electricity transformed numerous industries starting 100 years ago, AI is now poised to do the same. AI Fund is an early stage venture firm founded by Dr. Andrew Ng in 2017. Our portfolio companies utilize AI technology and applications to improve processes and efficiency. The AI Fund team combines their experiences as AI pioneers, entrepreneurs, venture capitalists, investors, and operators. We are backed by a $176 million-dollar fund from top-tier VC firms.

Together, let’s build great companies that will move humanity forward.

About PC: 
SymbioWorks is leveraging AI to build horizontal expert systems tailored for traditional industries, starting with field workers. Field operators, technicians, contractors, and manufacturing staff often execute technical tasks in remote or challenging environments. These locations can range from sparsely populated areas and manufacturing plants to basements, emerging markets, or even offshore platforms.

When confronted with unfamiliar problems, these individuals frequently lack clear guidance or standardized troubleshooting protocols. Consequently, they typically contact a more experienced technician or engineer for assistance, halting their current work. Unfortunately, immediate access to these experts is rarely feasible due to their ongoing commitments.

The combination of limited availability and connectivity issues hinders access to experienced engineers. This can lead to costly mistakes, diminished customer satisfaction, and revenue losses from idle assets. Compounding this challenge, traditional industries are experiencing a loss of senior engineers through retirement, resulting in a dwindling pool of expertise.

Our solution is to democratize this expertise by employing AI to create an expert system accessible to field technicians, customer service teams, and even customers directly. By ingesting technical documentation, manuals, and internal knowledge bases, our platform will deliver real-time recommendations and troubleshooting support.

We believe that this is a significant venture scale opportunity to build a technical expert system for traditional industries - to organize the world’s technical information, making it accessible and useful in real time.

Why Partner With AI Fund 
We’ve been there.  We’ve founded and scaled successful companies ourselves, and we know that creating meaningful startups is really hard.  Many entrepreneurs toil with ideas for years.  Many spend time building something without the foresight of limiting factors that could have been easily dismissed upfront.  Accomplished execs often teeter between a desire to start a company and creating something great versus taking a job that is less fulfilling.  If only someone could help with taking the risk out of turning an idea into reality and accelerate the company building process, more people would be inspired to start a company.

Coming up with great ideas, sussing them out, assembling great teams, and helping raise capital is what we do.  We shorten a process that can take years down to months.  We make sure you are going after the right market, are fully validated, and are surrounded by great teammates.  Lastly, we make sure you see the world through the lens of a data scientist and machine learning expert, which is the perspective any meaningful company in the future must have.  But we also know that the process is not about us.  It’s about great Founders and empowering them to do great things.

What We Seek:
We are looking for passionate entrepreneurs with first-hand knowledge of the problem they have encountered or entrepreneurs that might match to a problem or idea we already have.  It’s not a mandate, but ideally, we want people with experience solving business problems and have a keen eye for anticipating business risks.  You may have been a product manager running a product or product line before.  You may have been an engineer who has been on the front lines of helping shape a company.  You may have been a management consultant who has experience in a particular vertical.  Or perhaps you are a proven entrepreneur who recognizes that the difference between success and failure is razor-thin, and you want every advantage you can get. Lastly, we want people who are leaders.  We desire people who can hire great people, get others excited about their vision, raise capital, and make it all happen.

Responsibilities include:

  • The FIR will work with the AI Fund Leadership Team to launch and scale this new business from the ground up. If you're obsessed with startups and building exceptional products this role is for you.
  • Work alongside our staff to iteratively research and validate on a problem to solve that can benefit from AI/ML. This includes idea validation, product validation, market validation, and funding validation.
  • Design a product and prototype it
  • Set the vision and the strategy of the portfolio company once the idea has been tested and determined product market fit.
  • If all makes sense, we capitalize the company to help you stand the company up, bring in the best talent, build the product, and get pilot customers.
  • ,

    Requirements for the role include:

  • Previous start-up experience preferably within the B2B Internet of Things and/or Industrial Technology space
  • Previous 0 to 1 experience as a founder/co-founder of a VC-backed startup required
  • Fundraising experience from investors (VCs, Angels or Corporate VC) required
  • Experience building edge based products preferred
  • Strategic thinking
  • Self-starter who will thrive in an ambiguous startup environment
  • Competitive, entrepreneurial mindset
  • Demonstrated experience building products and leading teams
  • Demonstrated track record of success
  • BA/BS degree or equivalent practical experience
  • Ability to recruit great team members
  • ,

    Characteristics that we value:

  • Accountability: an obligation or willingness to accept responsibility or to account for one's actions while doing so with the highest regard for integrity  
  • Leadership: able to influence others to follow you and lead the team to a brighter future 
  • Grit: able to stick with projects and work hard through good and bad times. High pain tolerance and can perform well under stress or pressure
  • Scrappy: Takes initiative and proactively gets things done with low resources, but doing creative things, begging, borrowing, and whatever is needed in an ambiguous environment or situation
  • Ownership orientation: Demonstrated orientation of extreme ownership over all aspects of the company and extremely results-driven in nature
  • At AI Fund, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. AI Fund believes that diversity and inclusion among our employees is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. Selection for employment is decided on the basis of qualifications, merit, and business need.

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