At TenOneTen we are operators who invest early (pre-seed, seed, seed+) and love working
with technical founders with a unique perspective, a big long-term vision, and the
staying power to make that vision come true. The fund’s partners were founders
themselves, growing companies from idea to $1B+ in exits.
We're sector agnostic but we are particularly attracted to big industries undergoing
transformation such as healthcare, logistics, real estate and financial services as well as
the picks and shovels that make the Internet economy work. Our average check size is
$1M and we primarily lead or co-lead.
About the Operations Partner role
The goal of this role is to take on as much non-investing work from partners as possible
and to build out our capabilities to truly serve our founders. This person will also be an
integral part of the TenOneTen team, participating in partner meetings and contributing
insights to all aspects of what we do.
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What you’ll do...
We have lots to do! We’re hoping that you have the capacity to take on a lot, like some of
the following, depending on your skills and interest. We expect that this role will be
shaped by the person we hire.
● Own fund operations
○ Own quarterly and annual financial reporting
○ Interface with fund admin team, auditors, and legal
○ Ensure timely filing of all government filings, taxes, etc.
● Interface with portfolio companies
○ Track financial performance, projections, needs, upcoming milestones, etc
○ Own process between term-sheet and close for investments
● Manage investor relations with LPs
○ Maintain regular communication with updates from the portfolio
○ Understand and serve individual LP needs
○ Prepare materials for fundraising
● Champion key initiatives as needs arise. For example,
○ Fund marketing. This could include the website, newsletter, podcast, etc
○ Interfacing with service providers : Affinity, Pitchbook, Legal, etc
○ Creating resources and guides for founders
○ Internal goals and KPIs
○ Manage relationships with external vendors (insurance, PEO, accountants)
Who you are...
● Mature, trustworthy, hardworking
● Get shit done attitude
● Good judgment
● Willing to serve founders
● Polished enough to interact with our LPs and potential LPs
● Understand venture capital, finance, and basic startup legal
● 7+ years of work experience, including prior vc fund experience.
● Living in greater Los Angeles is a plus but not required
Salary, Perks and Benefits
● Salary $180-$220K
● Benefits and Unlimited PTO
● Potential for fund carry
● Be part of a very fun team!
