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This job is closed
One of our key aims at Founders Factory is making the process of launching a startup more accessible. To do that, we mitigate the biggest risks for entrepreneurs from all backgrounds and give them the support they need to thrive and grow. We believe that by partnering with you, the world’s best entrepreneurs, we can build technology companies that solve our world's biggest challenges. We’ve spent years perfecting a platform that shortcuts and de-risks building a business from scratch. We bring together bold ideas, exceptional entrepreneurs, capital, expert operational support, and the scale of our corporate partners, to turn bold ideas into back-able businesses.
To put it simply, our Venture Studio is a fast-track for entrepreneurs to go from idea to scale. Together we will 1) validate ideas, 2) build the MVP and 3) test, iterate and acquire first customers. And when we’re confident that we’ve proven the concept (typically after 6-months), we’ll help you accelerate your launch with an additional cash injection.
One of the newest concepts we are building in our studio is Project Lime.
🧐 The Problem:
The shift to Decentralised Finance is gathering unstoppable momentum with the benefits of Blockchain starting to deliver on the promise of truly decentralised risk-sharing systems in retail and corporate markets. But things can still go wrong and insurance products that protect against these risk events are lagging behind. To fully unlock the potential of crypto and decentralised finance, a strong insurance ecosystem is needed to underwrite smart contract-linked risk.
💰 So what is Lime?
Lime unlocks DeFi insurance for the masses. Lime is a member-based insurance market where retail and institutional clients can transfer crypto-related risk to yield- seeking investors. Lime leverages DLT to develop true P2P insurance models where previous inefficiencies, such as a lack of solidarity between policyholders, are directly solved by trustless blockchains. Lime has two primary products. Lime Creator helps protocols, web 3 organisations and DAOs to insure their systems by opening a decentralised insurance pool. Lime Market is a platform where private and institutional investors can provide capital to on-chain insurance pools.
💸 The Vision:
The vision for Lime is to create the next generation of cyber insurance by building an automated De-Fi insurance market. Lime enables DeFi protocols, dApps and custodians to offer insurance options directly on their platform and provide simple and easy DeFi insurance for crypto investors. Lime combines the benefits of Peer-to-peer community led risk pooling, embedded insurance and automated parametric claims to protect risks for the next billion Crypto users.
📈 Unfair advantage:
Founders Factory is working closely with our corporate partner Aviva on Project Lime due to the huge potential to create a new category of insurance. Aviva will bring its actuarial expertise, regulatory experience and financial clout as unfair advantages to the venture ensuring Lime is future proofed for scale.
As our first founder, you will:
- Execute the successful build and launch of Lime
- Set a clear vision for the business (including product direction)
- Activate distribution partnerships and supercharge growth
- Have strong Data, Product and/or Engineering experience
- Have a passion for innovation in the insurance market
- Ideally have experience of working within Insurtech
- Have experience in a leadership capacity (you love challenges and solving complex problems)
- Be constantly experimenting with new technologies and tools to drive innovation and creativity
- Be brilliant at hiring and retaining a world class team beyond the founders
- Bring together industry partners to create sizeable unfair advantage
What you'll get:
- In 6 months, we'll help you validate, build and launch an MVP. You'll be allocated a £50K budget to cover your salary
- Once we've launched your product, we'll incorporate your venture as an independent company and invest £150K into your new business
- Hands-on operational support from a team of smart and passionate people across design, engineering, product, growth marketing, talent, and more
- Unparalleled access to our corporate partners and wider network (for life!)
- Office space, co-located with other companies and our team
- A unique opportunity to build a business that will scale
- We are committed to building a diverse culture and are eager to receive applications from all backgrounds. All applicants will receive consideration for employment without discrimination.
How do I get a job at DeFi?
Getting a job in the DeFi (decentralized finance) industry can be a competitive process, but there are a few steps you can take to increase your chances of finding a job in this field:
- Build up your skills and knowledge: To work in DeFi, you'll likely need to have a strong understanding of blockchain technology, as well as other related technologies such as smart contracts and cryptocurrency. Consider taking online courses or earning a degree in a relevant field to build up your skills and knowledge.
- Network with industry professionals: Attend meetups and conferences related to DeFi and make connections with professionals in the industry. Networking can be a valuable way to learn about job openings and get your foot in the door at a DeFi company.
- Create a strong online presence: Many DeFi companies will look at your online presence (such as your LinkedIn profile and personal website) when considering you for a job. Make sure to showcase your skills and accomplishments online and keep your profile up to date.
- Apply for relevant job openings: Keep an eye out for job openings at DeFi companies and apply for positions that align with your skills and experience. Apply for DeFi Jobs without Experience. Tailor your resume and cover letter to the specific job you're applying for and highlight any relevant experience or skills you have.
- Consider internships or volunteer work: DeFi Internships or volunteer work can be a great way to get your foot in the door and gain valuable experience in the DeFi industry. Many companies also offer internships to students, so consider applying for an internship if you're still in school.
- Be persistent: keep trying if you don't get a job right away. It can take time to find the right opportunity, but with the right skills and determination, you can land a job in the DeFi industry.