VC Fellow @ Palm Venture Studios in Austin, TX

VC Stack; Austin (TX); On-site; USD 48,000; Full time

Benefits offered by this job

$4K monthly stipend

Cash bonus for closed deals

Job summary

VC Stack based in Austin, TX is seeking a Venture Fellow for Spring 2025. This role involves connecting with founders and VCs, performing due diligence, and sourcing investment opportunities. Candidates with 2+ years in business development or sales and strong networks will be prioritized.

The position offers a $4K monthly stipend plus bonuses for closed deals. This is a full-time paid contract role, ideal for motivated individuals passionate about startups.

Qualifications

• 2+ years of experience as a BDR or Sales Rep.
• Strong existing personal network in the startup ecosystem.
• Ability to analyze financial statements and business plans.

Responsibilities

• Source new deal opportunities through outreach campaigns.
• Screen and perform due diligence on deal leads.
• Generate targeting lists of investment targets and stakeholders.

Skills

Prospecting

Business Development

Networking

Financial Analysis

Critical Thinking

Education

MBA

Job description

Palm Venture Studios is seeking motivated individuals with a passion for startups to join our Venture Fellows Program for the Spring 2025. In this role, you’ll connect and engage daily with founders and VCs in support of our mission to rescue and build companies that positively impact human and planetary health.

For our next cohort, we’ll be prioritizing candidates with experience in Business Development / Sales and those who have existing networks in and around the early stage and venture ecosystem.

As a Venture Fellow, you’ll learn how to identify compelling early stage investment opportunities and perform financial and business due diligence. You’ll experience rapid learning cycles across a wide range of industries, and see up close and personal how venture deals are structured. You’ll also be given the task of performing experiments with generative AI and building new automations as part of our sourcing engine.

Venture Fellows will work directly with our Director and Senior Associate who oversee origination, and will be mentored by a Managing Partner(s). This role is a paid contract position requiring a full-time commitment of 40 hours per week.

Responsibilities

• Source new deal opportunities through various outreach campaigns including email, LinkedIn, phone and in-person events
• Screen and perform due diligence on deal leads to qualify promising deal opportunities
• Write investment briefs and perform financial and business analyses
• Generate targeting lists of new investment targets, venture funds, venture debt providers, lawyers and other early stage stakeholders
• Implement process improvements to our sourcing engine via generative AI, agents, automations, templates, etc.
• Represent Palm Venture Studios at local startup events (1 external event / wk) and co-host activations in our studios to further our deal origination efforts (1 hosted event / month)

Requirements

• Love for prospecting with 2+ years of experience as a BDR, Sales Rep, or high-volume prospecting (ideally from a startup selling products to startups or VCs)
• Strong existing personal network of founders, venture capital firms, restructuring professionals and/or service providers
• Must be located in Austin, TX, the greater Austin area, or willing to relocate to Austin.
• Ability to engage directly with startup founders, executives and board members
• Experience analyzing financial statements, business plans and pitch decks
• Skillful at critical thinking and asking good questions
• Preference will be given to recent MBA graduates and candidates with sales and/or business development experience.

Benefits

• Compensation will include a $4K monthly stipend + cash bonus for closed deals that you originated