We are seeking an associate to join our team and contribute to portfolio company support, growing the investment funnel, building community and hosting events.
Betaworks is a product-focused, seed-stage venture capital fund based in New York City. We make pre-seed and seed investments in companies building the future of how we live, work, and play online by investing and supporting ambitious founders at the earliest stage. We have invested in leading companies in AI, consumer, interactive entertainment, open-source/dev tools, and other user and product led software. We build and work closely with companies.
We’re also usually among the first institutional investors in our portfolio companies. We’ve backed more than 200 startups; some that you may have heard of include HuggingFace, Granola, Sandbar, RecRoom, Stardust, Cube.dev, Tumblr, Gimlet Media, Anchor, Flower, the Browser Company, and Kickstarter. We’ve also built companies like Giphy, Dots, and Bit.ly.
WHO YOU ARE:
You are hungry, hardworking, curious, and have roots in the NY tech ecosystem. You are excited to go out and find the most exciting founders and companies. You enjoy bringing people together and organizing in-person events. You possess a general understanding of venture investing and the tech startup world.
QUALIFICATIONS:
The ideal candidate has a passion for emerging technologies (AI/ML, open source, AR/VR/MR, other deep tech), startups, entrepreneurship, and community building. They possess a blend of strategic thinking, relationship-building skills, and a passion for fostering innovation and entrepreneurship.
Must haves:
- 2–3 years of professional experience
- Based in New York and available to work five days a week in our office
- Understands the mindset of building products from the ground up and can speak the language of a technical founder
- Well-versed in emerging trends and technologies, able to demonstrate industry familiarity
- Able to operate autonomously, executing projects through to completion, delivering quality with minimal oversight
- The ability to communicate clearly and effectively in a range of contexts (with founders, investors, and developers)
- Excited to help Betaworks nurture and expand our founder community
- Added benefit: possesses a thriving personal rolodex of people in the tech community and can bring those connections into the Betaworks network
ABOUT THE ROLE:
Join our team and work full-time in our Meatpacking District office 5 days a week. You will report directly to the Betaworks Partners and work closely with our Camp director. This role will provide broad exposure to the full stack of skills related to venture investing.
This role has three key components:
(1) Generating Investment Opportunities
You’re out in the world amplifying the Betaworks brand and meeting the most promising new founders with the goal of creating organic and unique investment opportunities.
- Embed yourself into the NYC tech ecosystem and seed-stage deal flow
- Build relationships with other investors to facilitate the exchange of deals
- Experience the thrill of finding, developing, and closing investments
- Attend events and build up a rolodex of startup founders, operators, and platform experts
- Leverage the Betaworks’ physical space with original event programming and community building
- Internalize and effectively communicate the Betaworks investment thesis
(2) IC Support
Support the investment committee with market analysis and diligence (product, technical, company).
- Research markets and competitive landscapes for companies in our pipeline
- Research and report on trends within the tech ecosystem
- Analyze and report on performance within the portfolio
(3) Portfolio Company Support
Support the existing roster of portfolio companies and their founders.
- Maintaining awareness of the needs of our founders and proactively making connections to industry experts and resources
- Support our portfolio in their follow-on fundraising efforts
- Oversee Betawork’s community database
- Support the execution of the Betaworks Camp program
- Support the ventures team with founder onboarding and data management
COMPENSATION AND BENEFITS:
We offer a competitive salary and a robust benefits package:
- Medical, Dental, and Vision coverage for you and your family/spouse/legal dependents is offered at 3 tiers
- Matched 401K retirement plan
- Life & Disability insurance
- Free membership to One Medical
- Paid parental leave
- Commuter and FSA benefits
- Flexible PTO and sick days
Annual base salary: 85,000-125,000*
*Note: actual compensation will be determined on an individualized basis that considers a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role, geographic location, and skill level, among other things.
**Applicants must currently be authorized to work in the United States on a full-time basis.
Skills Required
- 2-3 years of professional experience
- Based in New York and available to work five days a week in our office
- Authorized to work in the United States on a full-time basis
- Understand the mindset of building products from the ground up and speak the language of a technical founder
- Well-versed in emerging trends and technologies (AI/ML, open source, AR/VR/MR)
- Able to operate autonomously and execute projects through to completion with minimal oversight
- Strong written and verbal communication skills with founders, investors, and developers
- Experience or interest in community building and running in-person events; support Betaworks Camp program
- Research and diligence skills: market analysis, competitive research, portfolio performance reporting
- Maintain and oversee community/portfolio database and support founder onboarding and data management
- Possesses a thriving personal rolodex of people in the tech community and can bring those connections into the Betaworks network
What We Do
Founded in 2008, betaworks is a company of builders. A tightly linked network of ideas, people, capital, products and data brought together in imaginative ways to build out a more connected world. At first glance we seem to do many things. But first and foremost, we're builders, seeking to create a more sustainable innovation model. The more we build, the more we learn, the more we get ideas for peripheral things, all related, connected -- in a loosely coupled network of products and companies.
