Founder-in-Residence, Respond Well

Landing in US, Remote

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 studio 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.

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.  We are looking for a sound business leader who has built a company from 0 to 1 or a product manager running a product or built a product line from scratch before. We desire entrepreneurs who can hire great people, get others excited about their vision, raise capital, and make it all happen.

About PC:

The continued adoption of digital health tools has significantly increased the number of interactions between stakeholders across the health system. This is resulting in inefficiencies for the health system, lower patient satisfaction/outcomes, burnout, and missed opportunities for timely intervention. At the AI fund, we believe that a Generative AI and Natural Language Processing based solution can reduce, and ideally, eliminate the need for these interactions.
Characteristics:

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.
    • Take the concept from 0 to 1. Guide the team in launching the first product or MVP while ensuring its market fit.
    • Develop a business and product strategy by aligning patient needs, provider workflows, and strategic partner needs.
    • Set the vision and the strategy of the portfolio company once the idea has been tested and determined product-market f it.
    • Develop a comprehensive framework for initiating and supporting enterprise relationships across key stakeholders including, but not limited to, health systems, private clinics, electronic medical record providers.
    • 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.
    • Foster strong partnerships and communication with the AI Fund team and the Venture Advisor, as necessary, to keep them informed about the progress and direction of the company.
    • 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
    • 10+ years of experience, with recent experience as an executive-level CEO/GM, in a dynamic and rapidly evolving organizational setting.
    • 5+ years of experience selling directly to healthcare providers/health systems.
    • Domain expertise in healthcare IT.
    • Ability to navigate and articulate the incentive structure of healthcare stakeholders. Integral part of a 0-1 growth company, ideally as a co-founder or startup CEO.
    • Previous experience leading fundraising from institutional investors.
    • Experience with clinician workflows and electronic medical record systems.
    • Demonstration of intellectual curiosity, accountability, and ability to be decisive.
    • Strategic thinker who can also dive deep and get their hands d irty.
    • Self-starter who will thrive in an ambiguous startup e nvironment.
    • Represent the business as the "seller" and be the face of the company, while also having the skill to articulate the value proposition in a concise and compelling manner that customers can easily understand.
    • Ability to recruit and attract great team members.
    • BA/ BS degree or equivalent practical experience.
    • Experience as a physician is nice to have.
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