Investment Manager, Techstars San Francisco

Location: San Francisco, CA - hybrid 

Job Summary

Investment Manager

We are hiring an Investment Manager to work closely with the Managing Director for Techstars San Francisco. As an Investment Manager, you are joining a Techstars team responsible for sourcing, recruiting and helping to accelerate the growth of companies in which we invest. You will have the opportunity to have a front-row seat to the creation of some of the most prolific companies of the next decade. 

In this role, you will bring to the program an understanding of early stage startup operations, investing and fundraising. You will consistently meet with entrepreneurs, mentors and venture funds; you should expect to be well versed on emerging trends and technologies in the venture capital industry. You will be intimately involved in the support of our founders in the program, helping them accelerate traction through customer development and sales support. 

You will also be a critical partner for them in their fundraising efforts, helping them build their pitch decks, hone their pitch, and help them run an efficient and effective process. You will build strong bonds with the startups you bring into the program, acting as a resource and looking out for relevant opportunities to support their success.

Responsibilities and Duties

In conjunction with the Managing Director:

• Help develop program investment thesis
• Source target companies consistent with your program investment thesis utilizing direct outreach, paid marketing, events, referrals, and in-bound accelerator applications
• Create investment memos for top target companies for accelerator program consideration
• Identify program selection and measurement criteria and process within Techstars record systems
• Run due diligence to verify market information, unit economics, and other financial metrics to yield the highest IRR possible.
• Do what it takes to identify, close, and help world-class founders to find success and to make sure our accelerator experience is authentic and extraordinary
• Form and foster authentic relationships with founders, investors, mentors, service providers, and other ecosystem partners in order to develop sourcing relationships and build a support network for our founders
• Help our founders secure additional investment during and post-program
• Create and deliver content and workshops during our 13-week accelerator programs
• Mentor our founders and provide them with the network, tools, and education they need to succeed
• Manage a small team of Entrepreneurs in Residence to ensure our founders are receiving high quality mentorship
• Support onboarding for new Investment Analysts and Associates during and between programs
• Help create and support the systems and infrastructure used for sourcing, mentor, and investor relations
• Provide ongoing portfolio management and assistance for our companies

Qualifications and Skills

• Deep understanding of, empathy for, and experience with, the zero-to-one entrepreneurial process - you quite likely have 1) been a co-founder or early employee at a startup company and have ideally been involved with a successful fundraise or two, or 2) have prior early-stage tech investing experience
• 7+ years of prior experience in the technology industry; product development, engineering, or go-to-market experience
• Experience engaging with and supporting a diverse entrepreneurial network
• Experience constructing Investment Memos and supporting research
• Understanding of venture deals, investment materials, and investor pitches
• Strong emotional intelligence and founder empathy stemming from, experience with recruiting, vetting or advising entrepreneurs
• A genuine passion for technology and startups, an entrepreneurial mindset and a desire to learn
• You are available to travel
• Systems thinker with an eye for things that do not scale and the capability to design new processes and systems for implementation across programs
• Expertise with Excel models, Google Suite, Airtable, Notion, and other tools utilized by our founders and program
• Your verbal and written communication skills are razor sharp
• Initiative and comfort working through uncertainty/unstructured environments come naturally to you
• Analytically oriented - you make decisions based on data
• You can sell - you combine credibility and chemistry to convince people to join you on your journey

Compensation: $125,0000 - $145,000 base with 10% bonus

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