When I started IA Ventures, it wasn’t with the intention of starting a fund, but creating a firm. A real business. A true start-up with an eye towards building a world-class team, a recognized and respected brand, a rich ecosystem of relationships, a sought-after product and, ultimately, top-flight performance for our key constituencies – LPs, founders and co-investors. We have sought to live close to our portfolio companies and to have them benefit from the empathy we have for start-ups since we face the same challenges, opportunities, stresses and victories as they do. We have been thoughtful about choosing our LPs, targeting partners with extensive experience, perspective and data to help us develop our start-up. It’s really no different than the advice we give our companies as they think through issues of syndicate construction and strategic advisers. We are, in essence, living the start-up life in parallel with our companies. When combined with our deep thematic focus and expertise, it has made IA Ventures a partner of choice for companies seeking to create competitive advantage through data. But we’re still very young, painfully humble about the challenges of building a successful venture investing business yet energized and excited about the opportunities that lay ahead and the progress we’ve made in our short lifetime.
IA Ventures currently has 20 portfolio companies, has led seed, Series A and Series B rounds and has codified its approach to portfolio construction and reserve management. We have sought to blend the art of investment selection with science of quantitative portfolio management. Our learning curve has been tremendous during our first 1.5 years, and continues to be pointing straight-up. I’m not convinced that it ever planes out in this business; there are simply too many variables at play, too many degrees of freedom, too many people-driven issues that don’t subject themselves to modeling but to experience. Lots of experience. Truth be told, this is why building this kind of a start-up is so much fun. Every time a new peak in learning is achieved, you need only look straight-ahead to see a higher peak that awaits.
Part of what I think makes IA Ventures so special is our culture. Given our organic and humble beginnings, we’ve come together to undertake what for us is a holy mission in the spirit of passion, intensity and extreme teamwork. We are a true team-managed fund. There are no individual “check writers.” We make decisions as a team. Our interns have gotten fully transparency into everything we do. Our portfolio companies know us to be hard-working, honest, supportive – and blunt. Just ask around. We bring multiple team members to bear for our companies, regardless of who takes a board seat. While other firms may do it differently and do so successfully, we are doing it our way and following our vision.
We are super excited to announce that we are looking to expand the IA Ventures team, and are specifically seeking an Associate and an Analyst to join us on a full-time basis. It is reflective of the anticipated growth of our portfolio and the desire to further build out the IA Ventures business and ecosystem. We’ve been huge supporters of organizations such as HackNY and TechStars, as well as sponsors of such esteemed gatherings such as the Data Drinking Group both in NYC and SF/Valley.
Between a growing portfolio, burgeoning deal flow and a desire to better manage our community efforts, we are excited to find two new members to join the IA Ventures family. A description of the positions and instructions for applying are below. I personally am excited about this process and can only imagine the terrific people we’re going to meet over the next several weeks. Thanks in advance for your interest.
IA Ventures is seeking one full-time associate / community manager and one full time analyst to join the investment team in our New York City office.
IA Ventures funds early-stage Big Data companies creating competitive advantage through data and we’re looking for two start-up junkies to join our team – one full-time associate / community manager and one full time analyst. Because there are only four of us (we’re a start-up ourselves, in fact), we’ll need you to help us investigate companies, learn about industries, develop investment theses, perform internal operations, organize community events, and work with portfolio companies—basically, you can take on as much responsibility as you can handle.
Our hope and expectation is that the successful candidates will spend a couple of years with us and then move on to a start up or pursue other exciting opportunities.
To learn more about who we are, what we value, and how we invest, check out:
While specific responsibilities for each role will be dynamic, here is our high level thinking:
Associate / Community Manager
- Active member of investment team
- Assist senior investment professionals working with the portfolio
- Community manager for portfolio and broader community initiatives
- Position best suited for someone with more than two years work experience
- Deal screening / investment team support
- Manage internal dashboards and databases
- Oversee fund operations
- Position best suited for recent undergrad with less than two years work experience
How to stand out:
- A demonstrated passion for start-ups and technology
- Start-up operating experience is a major plus
- CS, EE or related background is also a major plus. At a minimum, you must be demonstrably tech savvy with strong analytical and quantitative skills (including excellent Excel skills)
- Strong verbal and writing skills (PowerPoint/Keynote too)
- Exceptional organizational skills and a strong attention to detail
When applying, you’ll be asked to provide the following pieces of information:
- Which role you are applying for
- Online presence (blog, Twitter, LinkedIn)
- Interesting technology trend you are following
- Why you want to work at IA Ventures
**We have found the most effective introductions are those referred/endorsed by people we know and trust, and we strongly encourage you to seek out a personal introduction to help support your candidacy.**
Got all that? Great. Head on over to http://bit.ly/op3QIR and apply now! We’re looking forward to hearing from you.