Managing Director - Wix Ventures (Bay Area)

Wix; United States; Remote; USD 190,000 - 220,000; Full time

Job summary

An innovative corporate venture capital fund is seeking a Managing Director to drive investment opportunities and foster relationships within the startup ecosystem. This role involves sourcing deals, conducting market analysis, and engaging with key stakeholders to enhance the company's presence in the Bay Area. The ideal candidate will possess a strong network in the venture capital landscape and have a proven track record in early-stage investing. Join a dynamic team dedicated to identifying high-potential startups and shaping strategic partnerships that align with market trends. This is a unique opportunity to make a significant impact in a fast-paced environment.

Benefits

Company RSUs

Comprehensive Benefits

Professional Growth Opportunities

Qualifications

• 5-8 years of experience in Venture Capital or Startup Investments.
• Strong network within the startup and VC ecosystem, especially in the Bay Area.

Responsibilities

• Identify and engage with promising early-stage startups.
• Build and maintain relationships with VC firms and industry leaders.
• Provide insights on local market trends and investment opportunities.

Skills

Venture Capital

Investment Analysis

Relationship Building

Market Research

Financial Modeling

Job description

Managing Director - Wix Ventures (Bay Area)

• Full-time
• City: US Remote
• Department/Company: CorpDev

We are running a lean and agile team reporting directly to our VP- Corporate Development. The Managing Director will play a key role in expanding our network in the local startup ecosystem. This individual will be responsible for generating deal flow, evaluating early-stage investment opportunities, and fostering relationships with later-stage companies, investors, and other key stakeholders.

Responsibilities

1. Deal Sourcing & Investment Analysis
2. Identify, evaluate, and engage with promising early-stage startups that align with our investment thesis.
3. Develop and maintain a strong pipeline of investment opportunities.
4. Conduct market research, competitive analysis, and due diligence on potential investments.
5. Work closely with internal teams to assess strategic fit and financial potential of target companies.
6. Collaborate with the corp dev team and support M&A activities.

1. Ecosystem Engagement & Relationship Building
2. Act as the company’s local representative in the startup and investor community.
3. Build and maintain relationships with VC firms, accelerators, founders, other CVCs, and industry leaders.
4. Identify and engage with later-stage companies for potential strategic partnerships.
5. Attend industry conferences, pitch events, and networking opportunities to enhance our presence.

1. Strategic Insights & Reporting
2. Provide regular reports on local market trends, competitive landscape, and investment opportunities.
3. Offer insights on emerging technologies and business models relevant to our investment focus.
4. Collaborate with the broader investment team to align local efforts with global strategy.

Note: We are seeking Bay Area-based candidates willing and able to travel at least 3 weeks per quarter.

Minimum Qualifications

• 5-8 years of experience in Venture Capital, Corporate Venture Capital, or Startup Investments.
• Prior experience in early-stage investing and working with founders.
• Strong network within the startup and VC ecosystem, specifically in the Bay Area.
• Ability to identify and assess startups with high growth potential.
• Solid understanding of financial modeling, due diligence, and investment structuring.
• Excellent communication and relationship-building skills.
• Ability to work independently and travel frequently.

About Wix Ventures

We are a dynamic Corporate Venture Capital (CVC) fund investing in cutting-edge startups and fostering strategic relationships with later-stage companies in collaboration with the corp dev team. Our mission is to stay ahead of market trends by identifying high-potential early-stage companies and mapping the landscape of established businesses for potential strategic collaborations.

To strengthen our presence in the Bay Area, we are seeking an Investment Manager to source deals, build relationships, and provide deep market insights.

Compensation & Benefits

The approximate base salary ranges from $190,000 to $220,000. In addition to base pay, you will receive company RSUs as part of the compensation package. Final offers will vary based on factors such as location, role, candidate profile, and qualifications. Wix offers comprehensive benefits to support employee well-being and financial security, along with opportunities for professional growth.