Venture Associate
Los Angeles
Entry Level +1
Posted a month ago

About the job

As a Venture Associate, you are responsible for finding the best startups globally, pitching them to the Managing Director, and influencing them to apply to the Techstars LA program. You find these startups by building strong relationships with the startup community, forging new partnerships and establishing yourself as a trusted resource for startups. Additionally, you will focus on growth and the growth metrics of startups in, and immediately following program. You will build relationships with the Techstars investor network in order to support in the sourcing of companies as well as help portfolio companies with funding. You are constantly meeting with entrepreneurs and educating yourself on emerging trends and technologies in the venture capital industry. You also oversee the operations and logistics of the Techstars application process for upcoming programs. You’ll maintain strong bonds with the startups you bring into the program, acting as a resource and looking out for relevant opportunities and introductions to support their success.

Duties And Responsibilities

  • Manage and lead the sourcing and recruiting strategy and execution for your program
  • Identify, source, and screen startups globally year round
  • Research and identify growth trends for companies and work with Techstars companies to define and track their growth strategies and metrics
  • Actively recruit and meet companies through various channels such as online research, networking events and referrals from our network
  • Contribute to investment memos and specific company diligence for the class selection process
  • Work with Techstars founders in-program to develop their own investment memos and strategy around fund raising.
  • Remain up-to-date and a source of knowledge and support for sponsored companies once accepted in to program
  • Support companies financial and legal diligence prior to offers being made

About You

  • You are personable, community-oriented and enjoy networking
  • Strong emotional intelligence, experience with recruiting, vetting or advising entrepreneurs is a plus
  • Intellectually curious and have a thirst for learning
  • You are a problem solver and enjoy building upon and improving processes
  • Proven attention to detail through prior work or life experience
  • A genuine passion for technology and startups, an entrepreneurial mindset and a desire to learn
  • Comfortable working in ambiguity but with high expectations
  • You are available to travel throughout the year to meet startups
  • Must be able to work well with autonomy and ambiguity

Compensation range: $100,000 - $125,000 + $5,000 Bonus

US Benefits

About Techstars

Techstars is the worldwide network that helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas - entrepreneurs create a better future for everyone, collaboration drives innovation and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations and cities to help build thriving startup communities. Techstars has invested in more than 2,300 companies with a combined market cap of more than $19B.

Techstars’ mission is to help entrepreneurs succeed wherever they are in the world and whatever their background is. Regional accelerator programs all around the world are the cornerstone of the strategy. The investment approach is fundamentally driven by the worldwide network of managing directors, who interact with startup founders daily, guiding, mentoring and cultivating them along the journey. The scale of this reach results in a diversified strategy that provides investors with a uniquely qualified deal flow.

We help Techstars founders connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporations to grow their companies.

Techstars is an affirmative action, equal opportunity employer and does not discriminate on the basis of race, sex, age, national origin, religion, physical or mental handicaps or disabilities, marital status, Veteran status, sexual orientation, gender identity nor any other basis prohibited by law.

Techstars is the global platform for investment and innovation.
Size:  251-500 employees
Funding Level:  Mid-stage Startup
Total Amount Raised:  103.8 M
Year Founded:  2006
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