Founder-In-Residence (AI for College Accesibility)
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.
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.
About This Project:
We are on a mission to bring fairness and equity to the college accesibility process. As application volumes surge annually, admissions departments face the dilemma of either inflating budgets for more staff or spending less time per application. Admissions offices need tools that are able to make evaluations more efficient, while maintaining the nuance and uniqueness of each applicant.
We are aiming to leverage AI to evaluate each part of the application and assist admissions officers in making informed, fair decisions. We want to help eliminate biases, streamline the evaluation process, and ensure a holistic review of each application.
We go beyond test scores and GPAs to analyze essays, recommendation letters, and extracurricular activities. Each factor is carefully weighed to generate a multifaceted profile of the applicant, thus ensuring the recognition of diverse talents and backgrounds.
By eliminating manual labor and reducing subjectivity in the application review process, our solution enables admissions offices to devote more resources to student engagement and strategic planning. We're driven by the belief that everyone deserves an equal shot at higher education. We're redefining the admissions process, making it more equitable, efficient, and intelligent.
What You Will be Doing: 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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