VC Associate @ TCV in San Francisco, CA

VC Stack; San Francisco (CA); On-site; USD 150,000 - 165,000; Full time

Benefits offered by this job

Health insurance

401(k) plan with profit sharing

Discretionary annual performance bonus

Job summary

VC Stack in San Francisco is seeking an Associate to join their Application Software group, focusing on the investment process including sourcing, diligence, execution, and portfolio management. The role demands a high level of hustle, analytical rigor, and a passion for technology.

The ideal candidate will have 1-4 years of relevant experience and a Bachelor’s degree. The salary for this position ranges from $150,000 to $165,000, with additional benefits including health coverage and a 401(k) plan.

Qualifications

• 1-4 years experience at an investment bank or other investment fund.
• Top ranked performance from the latest review.

Responsibilities

• Evaluate investment opportunities and conduct due diligence.
• Identify sectors/themes for targeted investment opportunities.
• Monitor and partner on growth initiatives with portfolio companies.

Skills

Critical thinking

Technical skills and modeling ability

Strong understanding of business fundamentals

Hunger and tenacity

Passion for technology and growth investing

Education

Bachelor’s degree or foreign equivalent

Job description

WHAT WE SEEK

We are looking for Associates to join our Application Software group in NYC and the Bay Area.

As an Associate, you will play a critical role in all aspects of the investment process including sourcing, diligence, execution, and portfolio management. Our Associate Program runs for three years.

Our team is looking for a balance of hustle, high intellectual / analytical rigor, strong EQ and team orientation, independent thinking, and a true passion for technology and growth investing. We want someone who will thrive in a lean organization, operating in a fast-moving, entrepreneurial environment.

WHAT YOU'LL DO (ROLE & RESPONSIBILITIES)

Evaluation

• Evaluate investment opportunities and conduct due diligence, including market/customer research, business analysis, financials/modeling, expert calls, memos, etc.
• Our investment teams are lean, so the Associate role runs a core part of our diligence process

Thematic Investment Origination

• Identify sectors and/or themes of coverage and originate targeted investment opportunities in that context based on research on markets and companies
• Interact with CEOs and senior executives to build relationships, diligence their companies, assess their needs, and determine the potential for a TCV partnership
• We hustle to drive the best results and strive to win as a team. Our team works together to help each other identify the best opportunities and we work in a flat and collaborative environment

Portfolio Management / Other

• General support of the firm’s investment activities, including participation at management and board meetings, and monitoring and partnering on growth initiatives with portfolio companies

WHAT YOU BRING (EXPERIENCE & QUALIFICATIONS)

Experience

• Between 1 – 4 years experience at an investment bank or other investment fund; Top ranked (from latest performance review)
• Bachelor’s degree or foreign equivalent

Skills & Competencies

• Hunger and tenacity; relentlessness in working through obstacles to achieve extraordinary results, habit of taking initiative to make things happen
• Passion and intellectual curiosity about tech and growth investing – excitement to go deep and pursue big ideas, open-mindedness and desire to grow and learn constantly
• Strong understanding of business fundamentals; ability to identify key questions about a potential investment and gain understanding of products, competitive differentiation, category creation, revenue opportunities, growth stages, management teams, etc.
• Critical thinking: ability to synthesize information into compelling narratives and to discuss pros and cons with intellectual honesty and humility
• Strong technical skills and modeling ability; capability to conduct thorough and accurate analyses with speed and use data to pressure test hypotheses

COMPENSATION AND BENEFITS

TCV offers a positive, team-oriented culture and a competitive compensation package. The salary range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current salary range is $150,000-165,000. A discretionary annual performance bonus is subject to the rules governing the program, whereby an award, if any, depends on various factors, including individual and firm performance.

TCV also offers generous benefits to support employees, paying 100% of the premiums on group health, dental, vision, long-term disability, AD&D and life insurance coverages. In addition, TCV offers its employees the opportunity to invest in a 401(k) plan and receive an annual profit-sharing contribution.