Mana Ventures is a new type of venture fund and collective democratizing venture capital and deploying evangelism at scale. In just 3 years, Mana Ventures has become a top 3 investing Fund & syndicate on AngelList with 6k+ LP’s including founders, executives, operators, marketers, engineers, product managers, and entrepreneurs.
- We’ve quickly scaled to $140M AUM and a portfolio of 200 companies.
- 6 portfolio unicorns including Unity Technologies ($10B), Anduril ($8B), AngelList ($4B), Harness ($2B), Clara ($1B), & Nanotronics ($1B).
- 6k+ LP’s including the Founders/CEO’s of DropBox, Ethereum, WordPress, Teachable, HotelTonight, FuboTV, Mozilla, Zoosk, BitGo, Animico, among others.
- Portfolio companies have gone on to raise $750M+ in VC from top tier funds / angels including Sequoia, Andreesen Horowitz, Founders Fund, General Catalyst, Greycroft, First Round Capital, Tiger Global, Kleiner Perkins, SoftBank, as well as notable Angels including Peter Thiel, Reid Hoffman, Eric Schmidt, Mark Zuckerberg, Jeff Bezos, Joe Lonsdale, Keith Rabois, Sam Altman, among others.
We believe a collection of $20k checks from the right people at the right time through a syndicate, can be just as valuable as a multimillion dollar check from a fund; and we’ve seen this time and time again when LP’s in our syndicates introduce portfolio founders to their largest revenue driving customers, major integration partners, or their technical co-founder. As a collective of founders, operators, and executives, we are the investors on the cap table that deploy our network, experience, and evangelism at scale, and we win allocations in highly competitive deals by delivering on this value.
About the Role: Venture Associate
Our team is growing quickly and we are looking for a Venture Associate to join! First and foremost, we are looking for someone who is hungry to dive head first into the world of venture capital and investing in early stage companies. This is an incredible opportunity to learn the ins and outs of the industry, build a strong network amongst startups / investors, and learn invaluable skills around running a modern day venture capital firm. The Venture Associate will work closely with our portfolio founders, investors on our syndicate / network, and the Mana Ventures team.
**IMPORTANT: This is an unpaid role (some compensation in the form of carry), but an incredible opportunity to learn the ins and outs of angel investing, running a fund,. Great for someone who already works in tech (product, ops, eng) and venture, and is looking to grow their investing acumen and network.**
Key Responsibilities
- Becoming a master of the AngelList platform. This is our primary tool that we use to raise capital, run syndicates, manage our fund, and much more. We are looking for someone who can quickly learn how to use the platform and how we run our firm on it.
- Writing Deal Memos. Each time the Mana Ventures Collective invests in a company, we put together a several page deal memo. This memo typically outlines the market opportunity, problem, solution, product, traction, competition, business model, and team. We are looking for someone who can own and write these memos using materials we share with you (presentation, financials, etc.) as well as online research (articles, videos, etc.).
- Connecting with Founders. Relaying investor updates from founders to the LP’s that invested in the deals, and connecting value add LP’s to founders.
- Sourcing & Vetting Deals. Finding interesting companies for us to invest in and running a diligence process on them.
Background Requirements
- Strong writing skills w/ experience writing articles, blogs, memos, or essays
- Experience using Google Docs and Sheets; Bonus if experience using ChatGPT and AngelList
- Deep interest / curiosity in technology, innovation, venture capital, and entrepreneurship
- A self starter that can take a project from beginning to end on their own
- Ability to complete assignments independently and on a timely basis
- Ability to work as part of a team to accomplish broader goals and objectives
Benefits for you
- While this is an unpaid program, there are several ways we compensate for your work
- We share “carry” with individuals that are involved in writing deal memos. Carry is the fee that venture capitalists charge for their services. It can be incredibly lucrative down the road. We can explain more how this works on a call.
- You will learn how to run your own AngelList syndicate & fund.
- You will gain invaluable experience working for a quickly growing venture capital firm and you will gain a strong network with both founders and investors alike.
- If you are looking to eventually work for a high growth startup or a venture capital firm (full time) down the road, this is an incredible opportunity. We can help you connect with both high growth startups and larger venture capital firms.
How to Apply
- Please apply here or email morgan@manaventures.vc and share why you think this role is a great fit for you!
- Bonus if you can share 1 sample of writing (memo, article, blog post, essay, etc.)
