Full-Time

Business Operations and Strategy Lead

Confirmed live in the last 24 hours

Runway AI

Runway AI

201-500 employees

Develops multimodal AI tools for content creation

Consumer Software
AI & Machine Learning
Entertainment

Compensation Overview

$150k - $210kAnnually

Senior

Remote in USA

Category
Strategy Development
Business Development
Business & Strategy
Requirements
  • 6+ years of overall experience in a strategic, business operations, Chief of Staff or GTM role, with experience in a high-growth technology company preferred
  • A proven track record of executing complex deal strategies, inclusive of legal, product/technical requirements, and pricing
  • Hands-on experience with investor relations, fundraising, and/or distilling competitive market intelligence
  • A strong bias towards action and belief that no task is too small for you
  • High technical aptitude for understanding complex technologies, tools, systems, and issues
  • Superior communication abilities, with proven experience in cross-functional collaboration and consensus building, especially with technical, business, and legal teams
  • Mindset to think creatively about the risks and benefits of new technologies, and think beyond past checklists and playbooks
  • Highly resourceful with the ability to create structure and work autonomously amidst ambiguity
  • New York-based preferred
Responsibilities
  • Build and maintain strong relationships with partners, ensuring long-term alignment and collaboration. Runway’s partners include Fortune 100 companies, some of the largest Hollywood studios, award-winning advertising and marketing agencies, leading technology companies, and top tier investors.
  • Support the Head Of Operations in managing daily company operations, identifying opportunities to improve operational processes and internal communications, and addressing any issues that arise
  • Collaborate with GTM, product, research, legal, and finance teams to ensure successful implementation and close of deals
  • Identify and evaluate potential strategic partner opportunities and business relationships
  • Closely monitor the industry landscape (people, competitors, partners, etc.) to contribute to the company’s strategic roadmap
  • Represent the company with external stakeholders, including investors, prospective customers, partners, and vendors

Runway Research develops multimodal Artificial Intelligence systems that enhance human creativity. Their tools can transform text into images, create new images from existing ones, and generate infinite visual content. These AI tools also offer features like frame interpolation and custom AI training. Targeting creative professionals such as filmmakers and global brands, Runway's technology allows users to synthesize videos from text, enabling efficient and cost-effective content creation without traditional filming. Unlike many competitors, Runway focuses specifically on generative AI for storytelling, providing a subscription-based model for access to their suite of tools. The company's goal is to empower creators by making advanced AI technology accessible for innovative storytelling.

Company Stage

Series C

Total Funding

$232M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

12%

1 year growth

64%

2 year growth

238%
Simplify Jobs

Simplify's Take

What believers are saying

  • Runway AI's Gen-3 Alpha model offers significant advancements in video generation, making it a leader in the AI video creation space.
  • The company's collaborations with entertainment and media organizations for custom AI models highlight its potential for high-impact industry partnerships.
  • Runway AI's rapid growth and high valuation, as evidenced by its recent funding rounds, indicate strong investor confidence and promising future prospects.

What critics are saying

  • The competitive landscape in AI video generation is intensifying, with major players like Google and OpenAI entering the market.
  • The reliance on a subscription model may limit accessibility for some users, potentially slowing user base growth.

What makes Runway AI unique

  • Runway AI's focus on multimodal AI systems for creative professionals sets it apart from competitors who may not offer such specialized tools.
  • The company's ability to generate hyper-realistic videos from text, images, and videos provides a unique value proposition in the generative AI market.
  • Runway AI's subscription-based model ensures a steady revenue stream while allowing continuous improvement and expansion of its AI tools.

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