What does a VC investment manager do?Īfter between a year and five years as an associate, some investors will move up to the investment manager position. While a couple of years of VC experience qualifies an analyst to move up to an associate position, having investment banking or consulting experience can also help you get your foot in the door - some candidates can skip the analyst stone altogether if they have experience at “later stage VC-backed startups, big tech” or internal roles like internships. Internal tasks like implementation of ESG, organising team meetings or university outreach and attending events. Supporting existing portfolio companies by, for instance, giving feedback on board materials or business plans, or just a catch-up to share recent learnings.Conducting due diligence on companies that are actively or pre-emptively raising capital, which can include looking at the team, financial history and forecasts, business model, competition and addressable market, among other factors.“This is generally either direct or with a warm introduction from other investors,” says Keilhofer, adding that “the aim is to build long-term, open relationships with key companies in our investment space," Outreach to founders based on priority pipeline lists that come from the research.Research on developments and trends in sectors of focus.While the responsibilities of a VC associate can vary across firms, Keilhofer and Sarjant say that their typical daily routine involves: Laura Keilhofer and Will Sarjant, associates at Burda Principal Investments, say that most of an associate’s time is spent “at the earlier stages of the investment process: from thesis forming, to sourcing, to due diligence, deal execution and lastly portfolio management following an investment”. As an associate, says Składzień, “you might get a taste of what it's like to be an investment manager, dipping your toes in things like running parts of the investment processes”. What does a VC associate do?Īfter between one and three years of analyst experience, the next step up the ladder is as a VC associate. The final 20% of an analyst’s routine should involve an element of “personal development”, Bowen adds, which includes attending networking events and promoting on social media to expand their network and promote the firm’s brand. Tasks completed by an analyst can also involve drafting fund advisory reports so LPs know what’s happening in the fund, or writing memos for the investment committee, who make the big decisions at the firm.Īround 40% of time is spent on research, says Bowen, like deep-diving into industries to identify emerging trends and sourcing deals. That can include things like filling in on startup board meetings as an observer, which as an analyst would be more focused on suggesting firms and people that would be helpful for the startup to speak to, or offer insights on competitors and the market, rather than weigh in on strategy. Much of an analyst’s daily routine is about learning and “developing abilities to understand why deals happen”, says Hugh Bowen, analyst at global deeptech VC SOSV.Īround 40% of their time is spent on ad-hoc tasks, he says. You can submit new jobs at innovatorsroom.Bartosz Składzień, partner at Aper Ventures What does a VC analyst do?Ī VC analyst is the most junior position at a VC firm after interns. Our newsletter goes out every couple of weeks, for real-time job notifications please request to join 5k+ founders, VCs and corporate innovators in our invite-only InnovatorsRoom Slack community here: Country Manager Germany, Head of Business Development Operator: manages teams & projects in a startup, e.g. Venture Architect, Transformation Director, Head of Digital Hub Innovator: works on a broad range of digital projects or services for corporates / consulting firms, e.g. Investor: prepares and executes investments, e.g. Since launching the newsletter as a side project to help friends of friends land a job in Venture Capital in February 2016, we have organically grown to 5k+ subscribers and have also broadened our job selection to include not only investor roles, but also interesting opportunities around innovation at corporates as well as some select startup leadership roles: Welcome to the InnovatorsRoom TechJobs newsletter (formerly known as VonPerger VC Jobs) including the latest job opportunities for investors, innovators and operators across Europe.
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