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Techstars Web3 Mentor in Residence

SpexAI_at_the_Techstars_AI_Accelerator_2021_--_SpexAI__Making_the_...
Techstars
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Job Description

The Techstars Web3 accelerator team are seeking out a Mentor in Residence to assist with hands-on support to the companies while they are in the program.

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Responsibilities

Primary responsibilities include:

  • You’d essentially be a Super Mentor, and part of the “brain trust” of the leadership team, charged with helping the companies succeed, specifically when it comes to product
    • Assisting founders to motion towards building product, shipping product, getting products in users hands and iterating through the feedback process in search for product market fit
    • Hold weekly 1-1s with founders and assist them as a “lead mentor”. See mentor overview for more information about Techstars mentoring
  • Taking the lead on specific live workshops or group sessions is also a plus!

  • Meet as a group with the accelerator investment team weekly to discuss company progress during the program period
  • Later in the program - assist companies in their efforts to raise capital, including by introducing them to well-targeted investors in your network

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Measures of success

  • Contributing to the iterative loop of identifying the product to build, shipping product, getting products in users hands and capitalising on usage
  • Contributing to the founder experience in program, including strong survey feedback / NPS ratings from the founders you support
  • Helping companies secure funding at the end of the program

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About You

While there are many attributes which could indicate strong candidacy, an ideal candidate will have

  • A firm understanding and facility with Web3, crypto, and blockchain concepts and ecosystems,

..having built a startup and/or led on Product within the Web3 space, with an understanding of how to prioritise activity in search of product-market-fit, including

  • identifying user needs & opportunities, and
  • knowing what technologies to build with or upon (particularly what blockchain)

In addition, have or be

  • Entrepreneurial empathy - Must have founder experience, preferably been through failure and successful startups as a CEO
  • Demonstrative leader of leaders and core understanding servant leadership
  • Comfortable with a minimal amount of direction and high expectations
  • Ability to command a room, public speaking and community development is important
  • Fits the Techstars’ culture of #givefirst, Entrepreneurial Inclination, High Quality and Network Focused

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Program Phases and Approximate Dates

Phase

Techstars Web3 - 2023

Sourcing & Selection

September 12th 2023 - January 22nd 2023

Accelerator Program

March 11th 2024 - June 6th 2024

Availability required: typically around 1/2 time during the accelerator.

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Compensation: although mentoring at Techstars is done on a voluntary #givefirst basis, this particular position is compensated based on the right person’s contribution & availability.

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Company Overview

Techstars is a pre-seed investor that provides access to capital, mentorship, and other support for early-stage entrepreneurs. It was founded in 2006 in Boulder, Colorado. As of May 2022, the company had accepted over 2,900 companies into its accelerator programs with a combined market capitalization of $71bn USD

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