Frontier Tech Venture Associate

SemiAnalysis; San Francisco (CA); On-site; USD 120,000 - 180,000; Full time

Job summary

SemiAnalysis Capital is seeking a Venture Associate in San Francisco to source, evaluate, and execute investments across AI, semiconductors, and infrastructure. This hands-on role spans thesis development, founder meetings, diligence, memo creation, and deal execution.

You will work across the full investment lifecycle, building memos, modeling scenarios, and supporting portfolio companies post-investment, while expanding sourcing networks at industry events and with founders.

Qualifications

• 2–4 years of experience in venture capital, growth equity, private equity, investment banking, management consulting, corporate development, product strategy, or a similarly analytical role.
• Strong analytical, research, and financial modeling capabilities.
• Ability to evaluate companies, markets, and technologies through structured thinking and first‑principles analysis.
• Excellent written and verbal communication skills, with the ability to synthesize complex information clearly.
• Strong relationship‑building skills and the ability to engage credibly with founders, operators, investors, and technical stakeholders.
• High attention to detail and the ability to manage multiple workstreams in a fast‑moving environment.
• Strong intellectual curiosity and genuine interest in AI, semiconductors, infrastructure, and emerging technology markets.
• Self‑starter mindset with strong ownership, initiative, and follow‑through.
• Ability to work full‑time from San Francisco.

Responsibilities

• Source, identify, and build relationships with high‑potential startups across AI, semiconductors, infrastructure, developer tools, and adjacent technology sectors.
• Engage directly with founders to understand their products, market opportunities, business models, competitive positioning, and founder‑market fit.
• Conduct investment diligence across market, product, technical, customer, competitive, operational, and financial dimensions.
• Build financial models, analyze unit economics, evaluate company fundamentals, and support investment scenario analysis.
• Prepare clear and structured investment memos outlining opportunities, risks, market dynamics, diligence findings, and investment recommendations.
• Support deal execution processes, including diligence coordination, data room management, legal workflows, closing processes, and internal approvals.
• Partner with portfolio companies on fundraising strategy, hiring, customer introductions, market positioning, and other strategic initiatives.
• Contribute to investment thesis development using proprietary research, first‑principles thinking, and deep market analysis.
• Represent the firm across industry events, conferences, technical communities, and founder ecosystems to expand sourcing networks and market coverage.

Skills

Analytical thinking

Financial modeling

Due diligence

Sourcing

Communication

Relationship building

Attention to detail

Self-starter

Ownership

Job description

SemiAnalysis Capital is seeking a Venture Associate in San Francisco to source, evaluate, and execute investments across AI, semiconductors, and infrastructure. This hands-on role spans thesis development, founder meetings, diligence, memo creation, and deal execution.

You will work across the full investment lifecycle, building memos, modeling scenarios, and supporting portfolio companies post-investment, while expanding sourcing networks at industry events and with founders.