CEO - Equity only role
Please note:
- There is no fixed salary and only equity component with this role for now.
- The role may require you to be based out of Mauritius.
- You must have had startup fund raising experience and should be a seasoned operator jumping into a 0-1 journey which has already taken off a bit - and we don't expect an investment from your end against the sweat equity till we raise funds.
- We're building a local commerce app for residents and visitors in Mauritius (and eventually Africa).
- It combines District-style discovery and bookings with magicpin-style deals and cashback at local merchants.
- We've built the product and reached US$70,000 in annual recurring revenue.
- We're hiring a seasoned operating executive to lead the Mauritius rollout, own the P&L and raise our next round.
- The role starts with equity-only compensation and no salary.
- No personal investment is required to join.
- The equity grant and vesting terms will be discussed during the hiring process.
Responsibilities:- Lead the next fundraise.
- Build the investment case and investor pipeline, run meetings and due diligence, and negotiate terms through close.
- Grow the merchant network and get signed merchants live.
- Drive customer acquisition and repeat bookings and purchases.
- Build distribution partnerships with banks, telcos and travel operators to reach customers and grow recurring revenue.
- Own revenue targets, unit economics and cash runway.
- Set company priorities with the founders and lead product, sales and operations.
Candidate requirements:- A degree from a Tier 1 business school is mandatory.
- A track record of growing a business as a CEO, COO, general manager or founder-operator, with direct P&L ownership and responsibility for cross-functional teams.
- Direct experience leading investor conversations and negotiating funding terms, ideally through a successful close.
- Experience in consumer marketplaces, local commerce, hospitality or payments is especially relevant.
How to apply:Please apply with your updated CV or LinkedIn profile and a brief note on the P&L you owned and your role in any funding round.