“Building Web3 Success: Symbolic Capital’s Groundbreaking EIR Program Empowers Aspiring Founders”

Dec 22, 2023

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Symbolic Capital Announces New Entrepreneur in Residence Program to Build Companies Alongside Aspiring Web3 Founders

Summary

Symbolic Capital has launched an Entrepreneur in Residence (EIR) program that allows aspiring founders to collaborate with the fund to build web3 companies. The program is designed for highly qualified individuals who want to start a company but need a supportive environment to prototype and refine their ideas. EIRs will work closely with the Symbolic Capital team, iterating on business ideas in the crypto space. The ultimate goal is to recruit a team and raise capital to pursue the most promising ideas. Applications for the EIR program are currently open and will be reviewed on an ongoing basis.

Introduction

Symbolic Capital, a founder-led investment firm, has introduced its Entrepreneur in Residence (EIR) program. This program aims to provide support and guidance to individuals who aspire to found a company in the web3 space. Symbolic Capital, founded by Sandeep Nailwal and Kenzi Wang, is known for its expertise in blockchain projects and is one of the first web3 funds founded entirely by web3 founders. The EIR program seeks to create an environment where aspiring founders can prototype and iterate on different ideas with the help of the Symbolic Capital team.

Main Points

  1. The EIR program is open to highly qualified individuals who want to start a company but would benefit from a supportive environment to refine their ideas.
  2. EIRs will work closely with the Symbolic Capital team to rapidly iterate on business ideas related to crypto.
  3. The program aims to help EIRs recruit a team and raise capital to pursue the most promising ideas.
  4. During their appointment, EIRs will have opportunities to collaborate with Symbolic Capital’s staff on investment due diligence and industry research.
  5. Applications for the EIR program are currently open and will be reviewed on a rolling basis.

Conclusion

Symbolic Capital’s new Entrepreneur in Residence program offers aspiring founders the opportunity to work alongside experienced web3 experts to build innovative companies. The program provides a supportive environment for refining ideas and iterating on business concepts in the crypto space. EIRs will have the chance to collaborate with the Symbolic Capital team, with the ultimate goal of recruiting a team and securing capital to pursue the most promising ideas. Applications for the program are now open, and interested individuals can apply through the Symbolic Capital website.


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