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Senior Associate, Yard Ventures
Alumni VenturesUnited Statesfull_timeVerifiedPosted 12 Jun 2024
💰 $125,000/yr
About the role
Description
About Alumni Ventures
Alumni Ventures (AV) is a leading venture capital firm that is redefining the way individuals can invest in startups. Alumni Ventures has raised more than $1B AUM, holds a rapidly growing portfolio of over 1,200 venture-backed companies, and counts 600,000+ community members and subscribers across all of its funds. With 130 employees, including 50 investment professionals, spread across Boston, Chicago, New York City, Menlo Park, and Manchester, NH, we are growing rapidly and continuously pushing the boundaries of innovation.About this role:
Alumni Ventures is seeking a full-time, experienced Senior Associate to contribute to the investment activities of our Yard Ventures Fund (Harvard).
The primary focus of the role is deal sourcing across different sectors, stages and geographies. This individual will also support researching and evaluating potential investment opportunities and managing relationships with portfolio companies and fellow venture investors. Alumni Ventures is a co-investor, investing alongside well established venture funds. The successful candidate will source high quality investments for the funds and will have significant input into the creation of an annual portfolio of ~20-30 venture investments.
This position is based out of Alumni Ventures’ Boston office and is a hybrid role, with an expectation that this individual will work in the office at least 4 days per week. Alumni Ventures is a fast-paced, professional, entrepreneurial environment.
Role/Responsibilities:
- Identify and research potential investment opportunities, as well as develop and maintain the deal pipeline
- Develop investment memos and execute the Investment Committee processes
- Assist in the monitoring of existing investments and support existing founders in the portfolio across a variety of efforts.
- Maintain fund performance metrics in close collaboration with AV back office / finance support.
- Manage deal flow and related database inputs
- Conduct outreach to VCs, entrepreneurs, incubators, and more to help fill our deal pipeline with prospects
- Vet potential deal opportunities that align with AV’s investment mandate, including interviewing company teams, competitors, customers, etc.
- Present companies and work closely and collaboratively with the Managing Partner, as well as other teams within AV
- Educate deal sources and companies/entrepreneurs about AV and our process and effectively manage relationships in a professional, courteous manner
- Work closely with sibling funds to identify mutual interesting investment opportunities
- Develop and maintain proprietary deal and market intelligence
- Contribute positively to AV's culture
Requirements
- Bachelor's degree required, MBA or other advanced degrees preferred
- Harvard degree strongly preferred
- Life sciences or biotech background is a plus
- 1-2 years of experience in venture capital, private equity, growth equity preferred
- 4-6 years of additional professional experience in finance, start-up strategy/operations, consulting and/or other applicable experience
- Strong analytical, financial analysis, organizational, and writing skills
- A professional presence combined with relationship and communication skills to interact effectively with internal and external parties
- Ability to quickly comprehend, evaluate, and critique a venture’s business model, market opportunity, and team
- Awareness of the venture capital community, including leading investment funds and partners, historical successes and failures
- Familiarity with typical venture capital deal structures, terms, and industry practices
- Knowledge and interest in current technology, trends, and developments
- Demonstrated ability to manage multiple projects and execute on processes while working with diverse and/or remote stakeholders
- Adept at organizing, analyzing, and reporting on data; notices and addresses important details with a high degree of accuracy
- Demonstrated interest and experience in emerging companies, and experience in company research and due diligence preparation
- Good networker, with an ability to help grow our system and process for identifying investment opportunities
- Self-starter and independent manager, but great team player, preferably with personnel management experience
- Smart, creative thinker and problem-solver, fast learner, with demonstrated initiative
All employment is subject to passing a background check. Alumni Ventures is an equal opportunity employer. All applicants
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