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Overview

Versatile VC is a New York-based venture capital firm offering an Entrepreneur in Residence (EIR) program that supports potential EIRs in refining business plans and accessing investor networks. The program is designed for experienced entrepreneurs or industry experts actively working on new ventures that fit Versatile's investment criteria. EIRs receive direct feedback on business model refinement, support in developing investment theses, and access to both investor and founder networks.

Investment focus

The EIR model at Versatile VC aims to create the next venture capital-backed company by leveraging the firm's network for validation and support. EIRs work closely with fund partners to develop business plans and utilize fund resources for company building.

Program details

Designed for Founders, Operators. The program is in person. Participation is generally unknown.

Who it is for

Applicants should be actively working on launching a new business that fits Versatile VC's investment criteria. Ideally, candidates should meet qualifications for Founders' Next Move, a community for experienced tech founders.

Check if you are eligible

Check your eligibility for Versatile VC EIR Program

Admissions and application

To apply, email careers@versatilevc.com with details on your startup idea, how you would like Versatile to support you, and your workplan for executing the startup. There is no application fee or deadline.

Benefits

EIRs receive direct feedback on business model refinement, support in developing investment theses, and access to both investor and founder networks. They also have opportunities for portfolio company advisory.

Timeline

The program has no fixed duration or commitment of hours, allowing for a flexible engagement based on the entrepreneur's needs.

What came of it

Potential outcomes include business-plan refinement, investor/founder network access, and possible first/lead/co-lead investment by Versatile.

How to go about it

  1. Read what it asks for

    Who can apply, how people get in and whether it is open right now.

  2. Have something to show

    Programs pick people whose work they can already point to. Put yours where it can be found.

  3. Apply the way the program asks

    The program has not published how to apply. Terms and dates change. Check the official page before you act.

What it pays

Compensation is conditional and may include investment from Versatile if they are enthusiastic about the business idea. There is no guaranteed stipend or salary.

Questions about this program

What is the application process for the EIR program?

To apply, email careers@versatilevc.com with details on your startup idea, how you would like Versatile to support you, and your workplan for executing the startup.

What kind of support do EIRs receive?

EIRs receive direct feedback on business model refinement, support in developing investment theses, and access to both investor and founder networks.

About Versatile VC

Versatile VC

Venture Capital

Empowering investment tech innovation.

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What the sources say about Versatile VC EIR Program

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