Venture Leader Technical

Our studio aims to launch a new venture each year by ideating and testing early-stage business models grounded in Jobs to Be Done (JTBD), a depth of market, competition, and customer understanding, and aligned strategically with 1848 Ventures’ vision. While many are ultimately shut down, the ventures with the most initial demand and traction are selected for additional investment and matched with a Venture Leader to drive the business plan development, execution and continuous iteration focused on growth and product market fit.

‘Backed by Westfield’ is more than our brand tagline, it indicates the unique relationship with our parent company, Westfield. As the sole funder of 1848 Ventures, Westfield is committed to providing capital to sustain operations and fund new ventures that have the capacity to deliver targeted strategic and financial value to the enterprise. This relationship creates the time and space for the people of 1848 Ventures to focus exclusively on the work that helps us achieve our long-term vision.

Ventures launched and scaled by 1848 Ventures will remain as wholly-owned subsidiaries of Westfield. Success is defined by a combination of long-term strategic and financial value generated for the enterprise. Therefore, the value creation expectations and metrics, while well-defined, differ significantly from those in the traditional capital markets. Our focus on the long term is reflected in our total rewards package for this role which is tied to the performance of the organization.

We’re seeking someone with proven experience supporting the growth of early-stage ventures and achieving product market fit for a business we’ve identified as having the greatest probability of delivering long term value. Our ventures focus on providing an AI powered software platform that is purpose built for small to medium sized businesses (SMBs.) We are targeting a Technical Venture Leader to join an early-stage venture and propel the growth through owning the tech vision, building and continually iterating a robust, secure and scalable AI enabled technical platform for the business that is informed by in market experience with customers.

The ideal candidate will bring a wealth of experience building and successfully delivering SaaS software at a rate that matches the growth of the business.

Our Technical Venture Leaders build on the initial success of an experimental tech solution by developing the technical infrastructure for the software designed to launch the product, gain customer traction and generate a path to sustainable revenue growth and profitability.

In this role time will be divided across, but not limited to, the below responsibilities:

RESPONSIBILITIES

Responsibilities

• Accountable for the success of the venture through leadership and execution of the venture’s technical needs aligned to enabling launch and growth strategy
• Leadership and execution of the activities required for the venture’s success including:
• Technical team leadership
• Product development process management
• Infrastructure
• Software engineering
• Data science experimentation and deployment
• Works with the venture leadership team and 1848 Ventures’ leadership to translate high-level technical strategy and vision into annual and quarterly objectives and key results with a focus on:
• Top-line growth of the venture
• Improvement in accuracy of key data science models
• Financially responsible scaling of required tech infrastructure
• Exemplify exceptional people leadership by cultivating the 1848 Ventures culture, providing ongoing coaching and development opportunities, and fostering a supportive environment where individuals thrive through effective communication and strategic guidance
• Exemplify the behaviors expressed in our Culture Catchphrases:
  Care Personally, Challenge Directly, Keep Going, Honor Our Differences, Ask Another Question, and Drive Results.
• Regularly evaluates the venture’s progress on key technical metrics like data science model accuracy, app traffic volume, app uptime, and development velocity
• Acts as primary communicator and link between stakeholders, executional team, advisory groups, end users, vendor partners, etc.,…