Investment Principal, Riyadh, Saudi Arabia
Techstars
Riyadh Saudi Arabia
Posted on Tuesday, February 28, 2023
<h4> <strong>Investment Principal, Techstars Riyadh Accelerator</strong> </h4> <p> <span style="font-weight:400;">We are hiring an Investment Principal to work closely with the Managing Director for our new Techstars Riyadh Accelerator</span> <span style="font-weight:400;">. The role will be based in Riyadh, Saudi Arabia.</span> </p> <p> <span style="font-weight:400;">As an Investment Principal, you are joining a Techstars team responsible for sourcing, recruiting and helping to accelerate the growth of companies in which we invest. You will have the opportunity to have a front-row seat to the creation of some of the most prolific companies of the next decade. You will bring to the program an understanding of early stage startup operations, investing and fundraising. You will consistently meet with entrepreneurs, mentors and venture funds; you should expect to be well versed on emerging trends and technologies in the venture capital industry. You will be intimately involved in the support of our founders in the program, helping them accelerate traction through customer development and sales support. You will also be a critical partner for them in their fundraising efforts, helping them build their pitch decks, hone their pitch, make investor introductions, and help them run an efficient and effective process. You will build strong bonds with the startups you bring into the program, acting as a resource and looking out for relevant opportunities to support their success.</span> </p> <h4> <strong>Responsibilities:</strong> </h4> <p> <span style="font-weight:400;">In conjunction with the Managing Director:</span> </p> <ul> <li style="font-weight:400;"><span style="font-weight:400;">Lead multiple investment decisions a year, directly attributed to you, with support from your Managing Director</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Source, recruit, evaluate, and close investments in target companies consistent with your program investment thesis utilizing direct outreach, paid marketing, events, referrals, and in-bound accelerator applications</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Do what it takes to identify, close, and help world-class founders to find success and to make sure our accelerator experience is authentic and extraordinary</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Form and foster authentic relationships with founders, investors, mentors, service providers, and other ecosystem partners in order to develop sourcing relationships and build a support network for our founders</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Help our founders secure additional investment during and post-program</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Deliver content and workshops during our 13-week accelerator programs</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Mentor our founders and provide them with the network, tools, and education they need to succeed</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Manage a small team of Entrepreneurs in Residence to ensure our founders are receiving high quality mentorship.</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Provide ongoing portfolio management and assistance for our companies</span></li> </ul> <h4> <strong>Qualifications:</strong> </h4> <ul> <li style="font-weight:400;"><span style="font-weight:400;">Deep understanding of, empathy for, and experience with, the zero-to-one entrepreneurial process - you quite likely have 1) been a co-founder or early employee at a startup company and have ideally been involved with a successful fundraise or two, or 2) have prior early-stage tech investing experience</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Experience engaging with and supporting a diverse entrepreneurial network</span></li> <li style="font-weight:400;"><span style="font-weight:400;">7-10 years of prior experience in the technology industry; product development, engineering, or go-to-market experience</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Experience constructing Investment Memos and supporting research</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Understanding of venture deals, investment materials, and investor pitches</span></li> <li style="font-weight:400;"><span style="font-weight:400;">An investment track record that demonstrates the ability to source, transact and grow early stage businesses</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Strong emotional intelligence, experience with recruiting, vetting or advising entrepreneurs</span></li> <li style="font-weight:400;"><span style="font-weight:400;">A genuine passion for technology and startups, an entrepreneurial mindset and a desire to learn</span></li> <li style="font-weight:400;"><span style="font-weight:400;">You are available to travel</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Systems thinker with an eye for things that do not scale and the capability to design new processes and systems for implementation across programs</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Expertise with Excel models, Google Suite, Airtable, Notion, and other tools utilized by our founders and program</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Your verbal and written communication skills are razor sharp</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Initiative and comfort working through uncertainty/unstructured environments come naturally to you</span></li> <li style="font-weight:400;"><span style="font-weight:400;">Analytically oriented - you make decisions based on data</span></li> <li style="font-weight:400;"><span style="font-weight:400;">You can sell - you combine credibility and chemistry to convince people to join you on your journey</span></li> </ul> <p> <em> <span style="font-weight:400;">We encourage you to apply even if you do not meet 100% of the qualifications!</span> </em> </p> <h4> <strong>About Techstars</strong> </h4> <p> <span style="font-weight:400;">The Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 3,000 companies that today have a combined market cap valuation of $79 Billion.</span> <a href="http://www.techstars.com/"> <span style="font-weight:400;">www.techstars.com</span> </a> </p> <p> <em> <span style="font-weight:400;">Techstars is an affirmative action, equal opportunity employer and does not discriminate on the basis of race, sex, age, national origin, religion, physical or mental handicaps or disabilities, marital status, Veteran status, sexual orientation, gender identity nor any other basis prohibited by law.</span> </em> </p> <p> <span style="font-weight:400;">Techstars uses E-Verify to check the work authorization of all new hires. For more information about E-Verify, please see the following:</span> </p> <ul> <li style="font-weight:400;"><a href="https://drive.google.com/file/d/1JHxb17dkxseUFEh_hiBrGXexqtE5s_9G/view"><span style="font-weight:400;">E-Verify Participation Poster (English and Spanish)</span></a></li> <li style="font-weight:400;"><a href="https://drive.google.com/file/d/1WP2-rLpGm7Yg7dkQTKPH9Wc-TjQspShG/view"><span style="font-weight:400;">Right To Work Poster (English and Spanish)</span></a></li> </ul>
Techstars is an equal opportunity employer.
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