OnePrime Capital is a technology investment firm based in Palo Alto, CA. Founded in 2017, we manage approximately $1 billion in assets. We run a concentrated technology secondaries strategy, investing in late-stage private technology companies through secondary direct transactions, LP interests, structured equity and primary investments. Our focus areas include AI, cybersecurity, enterprise software, fintech and data infrastructure.
About the Role
OnePrime Capital is looking for candidates with a technical background who want to build a career in investing. We are particularly interested in current or former software engineers. You will work directly with the Managing Partners to evaluate private technology companies and help decide where, when and at what price to invest. Title and responsibilities will reflect experience.
Key Responsibilities
Opportunity Assessment and Research
- Prepare opportunity overviews covering a company’s product, technology, market, competition, financial performance and valuation.
- Present findings in team opportunity reviews, explain your investment view and identify the questions that require further diligence.
- Evaluate inbound opportunities and research sectors and companies that may be suitable investments.
- Assess product architecture, technical differentiation and the cost of delivering the product. Evaluate how these affect the company’s competitive position and economics.
- Conduct research and calls with technical leaders, customers and industry experts to test company claims and understand adoption.
- Support or lead diligence on complex AI and cybersecurity investments, including model and data strategy, compute costs or security capabilities, as relevant.
Underwriting and Execution
- Build financial and valuation analyses, including comparable companies, potential exits and returns under different scenarios.
- Contribute to investment committee memos and presentations, setting out the investment case, key risks and proposed terms.
- Work with the team on transaction diligence and execution, with responsibility increasing as you gain investing experience.
Portfolio Monitoring and Research Tools
- Track product, technical and competitive developments at portfolio companies and contribute to decisions to hold, add to or sell investments.
- Use coding and AI tools to improve company research, analysis and monitoring.
Qualifications
- A technical background in computer science, engineering or a related field. Hands-on experience building software, machine learning systems or security products is strongly preferred.
- Two or more years of software engineering or comparable technical experience. Experience in AI or cybersecurity is a strong plus. Experience in Silicon Valley technology companies and startups a strong plus.
- Interest in how technology companies make money, compete and grow, and a clear reason for pursuing a career in investing. Prior investment experience is not required.
- Strong analytical skills and the ability to learn financial modeling and valuation. An MBA is helpful but not required.
- Clear writing and the ability to explain technical subjects to colleagues with different backgrounds.
- Careful work, sound judgment and a willingness to defend a view, consider criticism and revise your conclusions.