M&A and Investments

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

Job summary

Long Lake is transforming the services economy with AI. You will lead execution and value creation behind Long Lake’s investments, owning diligence through close, and partnering with management to drive performance via operational improvements and AI-enabled transformations.

This role sits at the intersection of investing, operations, and technology—underwriting not just what a business is today, but what it can become when our AI platform and growth team are embedded within it.

Qualifications

• 1–5 years experience in investment banking or private equity.
• Strong financial modeling and valuation skills.
• Ability to translate analyses into actionable recommendations.

Responsibilities

• Own core deal lifecycle workstreams: diligence, structuring, negotiation, and financing.
• Request and analyze data to distill key findings for the team.
• Evaluate unit economics, pricing power, and cost structure to identify AI value drivers and risks.
• Build and underwrite operating and valuation models; assess standalone and AI-driven improvements.
• Partner with technology and operations teams to scope and quantify AI-enabled value opportunities pre- and post-close.
• Collaborate with management to implement strategic initiatives and build reporting infrastructure.

Skills

Investment banking experience

Private equity experience

Financial modeling

Valuation

AI appetite

Tools

Excel

Job description

We are transforming the services economy with AI.
Long Lake acquires service business and transforms how they operate through a shared AI platform, forward-deployed engineers, and a world-class M&A / operations team.

We’re backed by General Catalyst, Alpha Wave, Elad Gil, and others, with billions in permanent capital raised. We are not a private equity fund but a permanent capital vehicle with an extremely long-term view. In the words of Warren Buffett, “our favorite holding period is forever.”

The Role

You will lead execution and value creation behind Long Lake’s investments - owning transactions from diligence through close, then working alongside management teams to drive performance through operational improvements and AI-enabled transformation.

This role sits at the intersection of investing, operations, and technology - underwriting not just what a business is today, but what it can become when our AI platform and growth team are embedded within it.

What You’ll Do

• Own core workstreams across the deal lifecycle: diligence, structuring, negotiation, financing, etc.

• Request and analyze data to distill key findings on the business and share with the broader team

• Evaluate business fundamentals including unit economics, customer behavior, pricing power, and cost structure to identify key value drivers and risks on an AI first world

• Build and underwrite detailed operating and valuation models, assessing both standalone performance and upside from operations and AI technology-driven improvements

• Partner with technology and operations teams at Long Lake and verticals to scope and quantify AI-enabled value creation opportunities pre-close—and execute them post-close

• Work directly with management teams to implement strategic initiatives, build reporting infrastructure, and drive change management

What Success Looks Like

• Leverage prior experience (at least 1-5 years) from a leading investment bank or private equity firm

• You take ownership of outcomes across both deal execution and post-close performance

• Transactions are executed with rigor, speed, and strong judgment across all phases of the deal lifecycle

• You translate complex analyses into simple, decisive recommendations that drive action internally and with counterparties

• You are the face of LLM with potential management team and current partner leadership teams. You can drive discussions without senior level support

• Diligence consistently identifies and highlights clear, actionable value creation opportunities and key risks

• You love AI and it is integral to how you do your work day to day

Equal Opportunity
Long Lake is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under applicable law. We are committed to providing reasonable accommodations for candidates with disabilities throughout the hiring process - please let us know if you need any.