Most venture firms have an “Entrepreneur-in-Residence” program. We’re not like most venture firms.
NFX is a team of software people. As founders, we transformed antiquated industries and collectively built 10 companies that created more than $10 Billion in value. We did this in part by becoming students of network effects, mastering that network effects accounts for 70% of the value of creation in tech, and engineering them into software from day one. We’ve invested in 230+ companies with network effects built into their DNA including Lyft, Trulia, Houzz, Poshmark, and Coinbase.
Now we’re using this playbook again. Today as investors, we believe software will transform the venture capital industry and create a network effect VC model.
While we think venture capital will remain a “people business”, we’re also certain that software will radically change how innovation is funded and supported in the next 10 years. There is a huge opportunity for software to address headaches like fundraising, hiring, and knowledge transfer. And by opening many of our tools to the entire tech community, we hope to make an impact that is global.
If you are an engineer who wants to be on the inside of changing the VC and startup industry, and who wants exposure to how A-Level investors make investments, we want to meet you.
Our Engineer-in-Residence program was designed for top software developers to learn how network effects work, get exposed to a high-caliber VC ecosystem, and build things from day one that will make a difference in how all founders are funded and supported.
1. Build. You will work across our technologies and wear multiple hats. You may be scaling how we handle our exponentially growing data sets of the Signal founder-VC network, researching and implementing latest ML/AI technologies into our VC AI , or developing a MVP of a new product to test. This is a role for engineers who have been coding for 4+ years, prefers full-stack development and take the pragmatic approach to software engineering. This is not a role for engineers who prefer just backend, frontend, or are dogmatic about using specific language, frameworks, and tools.
2. Learn. You will become a student of network effects (nfx). Very few understand how they actually work, but you’ll have a front row seat into nfx, and will also gain a deep understanding of the relationship dynamics & nuances of the founder/VC ecosystem. You will work alongside founders and VCs, attend pitch and partner meetings, and collaborate with our team of entrepreneurs and operators. This is a role for engineers who want to play an active role in determining product direction. This is not a role for engineers who want to code to spec.
3. Impact. You’ll have the opportunity to transform a largely analog industry into one that is more efficient and effective, powered by software you create. This is a full-time program (with compensation and benefits of course) based in downtown San Francisco. This is a role for engineers who want to be immersed 100% in tackling these challenging human problems with code. This is not a side hustle.
Admission into this program is highly selective and on a rolling basis. We will accept a maximum of just 3 EIRs each year.
Working with a friend and you want to continue working together? Apply as a team.
Email firstname.lastname@example.org with questions.