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Chief of Staff, Founder's Studio Location: US-TX-Houston Jobcode: 2501715 Email Job
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WHAT MAKES US A GREAT PLACE TO WORK
We are proud to be consistently recognized as one of the world's best places to work, a champion of diversity and a model of social responsibility. We are aGlassdoor Best Place to Workand we have maintained a spot in the top four since its founding in 2009. We believe that diversity, inclusion and collaboration are key to building extraordinary teams. We hire people with exceptional talents, abilities and potential, then create an environment where you can become the best version of yourself and thrive both professionally and personally.
WHO YOULL WORK WITH
Founder's Studiois Bain & Companys venture studio aiming to drive disruptive innovation while retaining and developing top entrepreneurial talent. Founders Studio sits within Bains Engine 2 portfolio. Our team identifies big problems where Bain expertise and capabilities could have a disruptive impact and builds new technology ventures to solve them.ESG Flowas the first graduate of the Founders Studio. The venture spun out of Bain in May 2023 and raised a$5.25M seed round. The studio currently has three ventures in incubation (Aura,ChiefsightandLaine) which are fundraising and preparing for spinout, and three new ventures launching this month.
WHAT YOULL DO
The role sits on the Founders Studio Central Team and reports into the Founders Studio COO. In this role, you will work closely with the Founders Studio Leadership team and Venture Leaders and be a core thought partner to all parties. You will play a critical role in driving the strategy & operations of the studio and its ventures including sourcing and ideation, VC fundraising & engagement and ongoing studio operations. This is an especially exciting time to join the Founders Studio because we are launching a cohort of three new ventures this month, and this role will have a front-row seat into what it is like to launch, scale and spinout a venture.
Beyond the core responsibilities described below, you will also have opportunities to grow into other aspects of the Founders Studio including supporting the studio and its ventures on key strategic projects and initiatives.
This role offers the possibility to work remotely within select cities in the United States.
ABOUT YOU
Venture Pipeline and Ideation:
Ideation: Work with Studio Leadership and Ideation Council to propose overarching venture themes for Studio and generate and research new ideas running the top of funnel process; Recommend and implement improvements to end-to-end venture ideation and development process
Evaluation and diligence: Evaluate select venture concepts through a rapid diligence process, prepare and lead regular collaboration sessions with studio leadership and outside experts to vet and refine ideas at various stages of development
Hackathon: Organize and run the annual global Hackathon (Founders Studio priority source if venture concepts and ideation), consisting of ~150 participants across ~40 Bain offices
Venture Fundraising and Spin-outs:
VC fundraising: Help our ventures raise Seed capital by refining the pitch, supporting VC outreach, and driving funnel progression to a signed term sheet
Commercial agreements: Negotiate go-forward commercial agreements between ventures spinning out and Bain (e.g., will Bains continue providing leads for venture X post-raise)
Marketing and engagement: Develop internal and external marketing activities (e.g., launching a VC newsletter, updating website and LinkedIn, portfolio overview materials)
Venture operations & strategy:
People operations: Continuously work with venture leaders and studio leadership to understand talent needs; help teams craft and post rotational opportunities, speak with potential candidates to help find the best match between their interests and the ventures needs and coordinate with recruiting/HR
Venture status and budget tracking: Facilitate monthly status check ins with venture leads and Founders Studio leadership (monitoring progress and status against incubation timeline, tracking studio budget, etc.)
Strategic projects: Lead special strategic projects guiding the future direction of the Studio; serve as a liaison between the venture leads and broader Bain ecosystem to drive key strategic initiatives including client/alumni outreach, legal and spinout processes, coordination with relevant practice areas, etc.
Studio operations and team experience:
Program management: Serve as program manager for overall studio e.g., meet 1:1 with team members to check in on experience/career/PD, welcome and onboard new rotational and team members, collect and analyze monthly pulse check results, oversee alumni mentorship program
Team meetings: Support and facilitate monthly full-team meetings (including setting agenda, identifying external speakers, running monthly knowledge sharing sessions to maintain an evergreen turnkey venture toolkit)
Training: Organize quarterly entrepreneur bootcamp for new team members (and other participants across Engine 2 who join this training series); collect feedback and continuously improve our curriculum
Qualifications
We want to see a track record of:
Prior startup, venture, and/or SaaS experience helpful but not required
Excellent organizational skills are critical
Strong affinity for helping others reach their full potential in an entrepreneurial context
Strong passion for and understanding of venture and startup landscape
Curiosity about the external studio landscape and bringing best practices into the Founders Studio
Experience with Bain market research and diligence techniques
Great communication skills (spoken, written, and visual)
Strategic and pragmatic mindset in furthering the Founders Studio agenda; openness to challenging the accepted way of doing things
Proactive; can set goals and get them done with a relatively high degree of autonomy
U.S. Compensation Information
Compensation for this role includes base salary, annual discretionary performance bonus, 401(k) plan with an annual employer contribution based on years of service and Bains best in class benefits package (details listed below).
Some local governments in the United States require a good-faith, reasonable salary range be included in job postings for open roles. The estimated annualized compensation for this role is as follows:
- In New York City, the good-faith, reasonable annualized full-time salary range for this role is between $132,500-$159,500; placement within this range will vary based on several factors including, but not limited to experience, education, licensure/certifications, training and skill level.
- In California state, the good-faith, reasonable annualized full-time salary range for this role is between $122,000-159,500; placement within this range will vary based on several factors including, but not limited to experience, education, licensure/certifications, training and skill level.
- In Washington state, the good-faith, reasonable annualized full-time salary range for this role is between $122,000-146,500; placement within this range will vary based on several factors including, but not limited to experience, education, licensure/certifications, training and skill level.
For all other locations, the good-faith, reasonable annualized full-time salary range for this role is commensurate with competitive geographic market rates for this role and will vary based on several factors including, but not limited to experience, education, licensure/certifications, training and skill level.
Annual discretionary performance bonus
This role may also be eligible for other elements of discretionary compensation
4.5% 401(k) company contribution, which increases after 3 years of service and is 100% vested upon start date
Bain & Company's comprehensive benefits and wellness program is designed to help employees achieve personal independence, protection and stability in the areas most important to you and your family.
Bain pays 100% individual employee premiums for medical, dental and vision programs, offering one of the most comprehensive medical plans for employees without impacting your paycheck
Generous paid time off, including parental leave, sick leave and paid holidays
Fully vested 401(k) company contribution
Paid Life and Long-Term Disability insurance
Annual fitness reimbursements
ABOUT US
Bain & Company is a global consultancy that helps the worlds most ambitious change makers define the future.
Across 64 cities in 39 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling todays urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a gold rating from EcoVadis, the leading platform for envi
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