Associate

About the job

Investment Associate

Blumberg Capital is a leading early and growth-stage venture capital firm with a track record of nurturing B2B technology companies from inception through exit over the past three decades. We are proud to be among the first investors and long-term partners to industry leaders, including Addepar, Braze, DoubleVerify, Finaro, Fundbox, HootSuite, Nutanix, Trulioo, and Yotpo. At Blumberg Capital, we operate in a unique hybrid venture capital and startup environment that is fast-paced, non-bureaucratic, and flexible, where individual growth is strongly encouraged. For more information, go to www.blumberg capital.com.

About the Role

We are hiring an Associate with strong technical skills and relevant work experience to join our growing team. Associates play a critical role in all aspects of the investment process and interact with team members at all levels. As an Associate, you will research and develop theses on new investment sectors, conduct due diligence on potential investments, support portfolio companies, and source proprietary deal flow. The ideal candidate is a self-starter and a team player with experience handling a wide range of due diligence, analysis, and related tasks and able to work independently with guidance and team support. Top candidates are highly analytical and can contextualize metrics to define risk vs. reward appropriately.

Blumberg Capital’s strong heritage in early-stage venture capital uniquely positions the firm to invest in emerging winners in its portfolio and lead new investments in category-defining companies. This is a great time to support the firm’s early-stage investment strategy and be a part of its growing investment focus on expansion and later-stage companies.

This is intended as a two-year position, typically followed by business school or an operational role. For exceptional candidates, there may be an opportunity to continue with a career track at Blumberg Capital.

Core Responsibilities

• Deal sourcing - identify and engage potential investment opportunities through networking, cold outreach, conferences, etc.
• Research and thesis development - research markets and specific industry trends, create and maintain market maps for strategic and financial targets
• Investment review - conduct timely initial review of investment prospects, assess deal fit and prioritize according to the firm's investment criteria
• Due diligence - participate in all aspects of company due diligence including business KPI, financial and valuation analyses, as well as technology and competitive market reviews for potential investments
• Presentations - prepare materials for team members on fund, portfolio, and thematic topics for internal and external audiences
• Portfolio - monitor and support portfolio companies as needed and appropriate, e.g., financial analysis, fundraising, strategy, marketing and recruiting

Experience and Required Qualities/Attributes

• Technical undergraduate degree with an outstanding academic track record
• 2-3 years of relevant experience in investment banking, management consulting, venture capital, private equity, or other relevant background
• Strong understanding of information technology from a technical and/or market perspective
• Must be quantitative and analytical with strong research and financial modeling skills
• Excellent written and oral communication skills to connect effectively with all levels
• Solid organizational and time management skills: process-oriented, thoughtful, always well prepared and organized
• Self-motivated team player with a positive can-do attitude, good instincts, and a strong desire to succeed
• Ability to handle multiple and complex tasks with perseverance, discretion, and tact
• Flexible, ability to meet tight deadlines and respond to changing requirements
• Takes initiative and ownership and is willing to go above and beyond without being asked

Required Work Authorization: Blumberg Capital does not provide visa sponsorship for this position. Applicants must be authorized to work in the United States without the need for sponsorship now or in the future

Location: San Francisco

Workplace Type: Hybrid - 3 days a week: Monday - Wednesday in office / 2 days remote

Base Salary: $110,000 to $140,000/year (San Francisco-based)

Actual starting base salary will be determined based on skills, experience, location and other non-discriminatory factors permitted by law. Total compensation may also include carried interests, bonuses, and benefits, as outlined in any formal offer made. We also offer comprehensive employee benefits, including fully-paid medical, dental, and vision insurance for employees and dependents, life and AD&D insurance, and three weeks paid time off.

Blumberg Capital is an Equal Employment Opportunity employer - All qualified applicants/employees will receive consideration for employment without regard to that individual's age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law.

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