Full-Time

Ventures Lead

Posted on 6/12/2024

Monad Labs

Monad Labs

51-200 employees

High-performance Ethereum-compatible smart contract platform

Fintech
Crypto & Web3

Compensation Overview

$175kAnnually

Mid

Remote in USA + 1 more

More locations: New York, NY, USA

Hybrid model requires 3 days/week in office if based in NYC.

Category
Venture Capital
Finance & Banking
Required Skills
Mergers & Acquisitions (M&A)
Requirements
  • You are an experienced venture investor in the crypto industry with at least 3 years of experience
  • You are an analytical, first-principles thinker who can reason about problems and opportunities across verticals
  • You have strong product intuition
  • You have strong intuition for GTM strategy / user acquisition in the crypto space
  • You are no-ego, adaptable, entrepreneurial, and detail-oriented
  • You are an excellent verbal and written communicator
  • You are someone who enjoys building relationships and can manage expectations across many stakeholders and competing priorities
  • You are someone who likes helping people
Responsibilities
  • Initiate initiatives that educate and advance early-stage builders
  • Coach early-stage teams on product development and presentation
  • Manage relationships with investors and identify win-win investment opportunities
  • Contribute to broader ecosystem development strategy

Monad provides a decentralized Layer 1 smart contract platform that is compatible with Ethereum, allowing developers to build and deploy decentralized applications (dApps) with improved performance and scalability. Its key feature is the ability to process up to 10,000 transactions per second using a technique called superscalar pipelining, which enables efficient execution of transactions. This high throughput is particularly beneficial for complex applications in sectors like financial services, supply chain management, and gaming, where security and transparency are crucial. Monad differentiates itself from competitors by offering significantly faster transaction speeds and a platform that can handle high-usage applications. The company's goal is to capture a substantial share of the blockchain market by providing a reliable and efficient environment for developers and businesses.

Company Stage

Debt Financing

Total Funding

$237.3M

Headquarters

New York City, New York

Founded

2022

Growth & Insights
Headcount

6 month growth

27%

1 year growth

55%

2 year growth

45%
Simplify Jobs

Simplify's Take

What believers are saying

  • Monad's integration with Orderly Network enhances on-chain trading infrastructure for DeFi applications.
  • Recent $225 million funding round positions Monad for rapid growth in the blockchain market.
  • Partnership with Hex Trust may attract institutional investors needing secure asset management.

What critics are saying

  • Competition from Ethereum-compatible platforms like Optimism and Arbitrum is increasing.
  • Potential regulatory scrutiny could impact Monad's operations in the blockchain sector.
  • Volatility in the cryptocurrency market may affect Monad's financial stability and investor confidence.

What makes Monad Labs unique

  • Monad handles up to 10,000 transactions per second using superscalar pipelining.
  • Monad is Ethereum-compatible, supporting existing Ethereum applications with improved performance.
  • Monad offers full EVM and RPC compatibility, enabling seamless porting of Ethereum applications.

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Benefits

Health, Dental, and Vision coverage: you pick the plan, we reimburse 100% of your premium

$2,000 remote office equipment reimbursement

$200 monthly wellness and fitness reimbursement

Unlimited PTO, minimum 15 days per year

11 company-observed holidays in the US

Flexible work hours, flexible remote-work policy

Quarterly team on-sites

INACTIVE