Symbolic Capital Announces New ‘Entrepreneur in Residence’ Program to Build Companies alongside Aspiring Web3 Founders
Photo: Symbolic Capital
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/Symbolic Capital/ – Symbolic Capital is thrilled to announce its new Entrepreneur in Residence (EIR) program. Starting today, Symbolic Capital is accepting applications for highly qualified individuals to join their team as an EIR to tackle the toughest challenges in web3.
Symbolic Capital is a founder-led investment firm supporting the best web3 projects globally. Co-founded by Sandeep Nailwal (Co-Founder of Polygon) and Kenzi Wang (Co-Founder Cere), Symbolic Capital’s team has founded and led some of the most important blockchain projects in the world and is one of the first web3 funds entirely founded by web3 founders.
The program is for highly qualified individuals who aspire to found a company but would benefit from a supportive environment to prototype and iterate on different ideas. EIRs will work closely with the Symbolic team to rapidly iterate on business ideas in crypto, with the eventual goal of recruiting a team and raising capital to pursue the most promising ideas. Importantly, EIRs can enter with their own idea to refine or work on a company idea provided by the Symbolic Capital team. During their appointment, EIRs will also have opportunities to collaborate with Symbolic Capital’s staff on investment DD and industry research in fields relevant to their areas of expertise.
Speaking on the reason for creating an EIR program, Wang explained:
“As one of the first web3 funds founded by web3 founders, building is at the heart of what we do. Not content investing from the sidelines, our EIR program will allow us to get our hands dirty building incredible companies alongside the best talent in the industry. To date, we’ve actually worked on and launched multiple incubation projects, but this program will allow us to take that initiative to the next level with the ability to consistently work with the greatest prospective founders in the industry.”
Applications for the EIR program are currently live and will be reviewed on a rolling basis. If accepted, EIR appointments will last anywhere from 3-12 months depending on how far along an EIR is with their idea when accepted into the program.
Symbolic Capital is a founder-led investment firm supporting the best web3 projects globally. Our team has founded and led some of the most important blockchain companies in the world, and we leverage this background to provide unparalleled support to the companies in our portfolio.
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