Venture Associate, Newchip
$190-225k
OTE
$50-85k
BASE
More information about location
Office located in Santa Monica, CA
Remote accelerator for startups
Job no longer available
Remote accelerator for startups
501-1000 employees
Job no longer available
$190-225k
OTE
$50-85k
BASE
More information about location
Office located in Santa Monica, CA
501-1000 employees
Company mission
To make innovation accessible, affordable, and efficient to empower startup founders to change the world.
Role
Who you are
- We’re looking for competitive, results-driven "team-players" - emphasis on team aspect because while this is an independently incentivized role, we live and die by the great work and sacrifices we all make together via our various programs to help our entrepreneurs grow and succeed - you'll see some companies fail and some become unicorns, that's just how it works
- The ideal candidate is an early-career self-starter with exceptional organizational skills, a strong desire to learn the ins and outs of venture capital, and the ability to anticipate the next steps in a variety of contexts
- This individual should feel comfortable with ambiguity, be able to work autonomously and be energized by “greasing the wheels” to facilitate success
- 1-3 years experience in tech startups, fundraising, angel investing, or venture capital
- 1-3 years of business development and business relationship management experience
- Ability to develop relationships and make connections with anyone, anywhere, at any-time
- Ability to google, learn independently, and solve roadblocks without handholding
- Personality type that talks to people on elevators and "owns" networking events
- Deep understanding of the business relationship development funnel and dynamics
- Excellent selling, communication, and negotiation skills to work with partners
- A commitment to excellent client level service and delivering quality experiences
- Highly motivated and target driven with a proven track record
- Excellent time management, and organizational skills is a must have
- Ability to create and deliver presentations tailored to the audience needs
- Relationship management skills and openness to feedback and coaching
- Familiarity with CRM practices along with ability to build productive business professional relationships
- Able to work comfortably in a fast paced environment
- Knowledge and experience with Microsoft Office
- Knowledge and experience with LinkedIn Sales Navigator,
- Knowledge and experience with CRM Tools (We use Hubspot)
- Knowledge and experience with Google Drive
- Professional and articulate communication skills, both written and verbal
- Knowledge/Understanding of the VC/startup world
- Passion for helping Investors and Founders make the world better
- Cannot need visa sponsorship or have any work restrictions in the U.S
What the job involves
- This role is part of a highly specialized team focused on delivering our core accelerator experience
- This role reports to Accelerator Program leadership in your specific industries and works as part of a team of 7-10 to to drive efficiency through experience, process, and technology to continue to enhance our core program experience for our startups around the world
- Each Accelerator Program team manages a number of startups as part of each cohort
- You will be individually and as a team responsible for ensuring that each company in their respective program is positioned to maximize their success in the program and with our investor network by bridging the gap between investment, mentorship, traction milestones, and coaching
- You will be responsible for developing, building, and supporting investor partner relationship development and management for your portfolio alongside a team of Venture Associates, Program Associates and other leaders to both coach and guide your startup portfolio to successful funding (and eventual exit to bring returns to our investors and investor network partners)
- Given the size of our accelerator, you'll work directly with more startups in a quarter than most Analyst or Associates do in a year
- Build, develop, and manage relationships with new and existing venture, angel, and corporate investors and partners
- Reach out to current and potential investors and partners through phone, email, text, LinkedIn, and AngelList
- Qualify potential investors and partners for our startups, research them, and generate follow through on partnerships
- Establish, develop and maintain positive business partner and investor relationships with our portfolio of startups
- Develop a deep understanding of your portfolio so that you can promote it to our investors and corporate partners
- Present, promote, and convince investors and partners to set up meetings with and develop relationships with our startups
- Track progress of engagements and relationships between investors and startups with status reports to program leaders
- Keep abreast of best practices and promotional trends in startups and overall funding, accelerator, and investment market
- Continuously improve through feedback and coaching with management and team to reach your full potential
- Provide management with reports on startup needs, problems, competitive programs, and potential for new opportunities
Our take
Newchip is a startup accelerator that was built to accommodate the hybrid and remote work environment. With three different programmes available, from pre-seed to Series A, Newchip offers remote, equity-free, and strategic solutions for startups looking to boost their funding.
Founded by four-time start-up founder Andrew Ryan, Newchip was launched in 2016 and saw rapid growth due to a societal shift to hybrid and remote work. In a bid to address the inaccessibility of San Francisco and New York as hubs for start-ups, the Newchip Accelerator programme is run completely online and allows founders to keep 100% of their company, an attractive proposition for these businesses.
With a portfolio of over 2500 companies with an estimated value of $9 billion, Newchip is certainly benefitting from its remote work flexibility and global reach. The company has attracted investors from Plug And Play, PayPal, Dreamit and Elevate Capital to its diverse network, boding well for its future in the market.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Fully covered benefits that include medical, dental, vision, life, and disability insurances; plus a 401k program
- Join an active culture and become a pillar in the startup community with weekly team outings and community events
- Access to all of our accelerator certificate programs if you launch a startup during your career here (valued at $1M+)
- Active culture with a gym at HQ with bouldering, weight gym, classes, yoga, steam-rooms, and showers on-site
- Unlimited PTO policy, Holidays, Sick Days, and Election Day off
- Hybrid roles receive up to 60 days of remote work allotment per year at the discretion of your leadership team
- ClassPass membership gives you worldwide access to thousands of top-rated gyms, fitness studios, salons, and spas
- Weekly catered lunch on Fridays, as well as unlimited snacks and Starbucks coffee
Company HQ
Galindo, Austin, TX
Leadership
Andrew Ryan
(CEO)Currently CEO at ASTRALABS and General Partner at Journey Venture Partners. Previously Co-Founder and Advisor at Safer Technologies Inc.
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