Associate, Tech Team
We are excited to share that we are adding an associate to the F-Prime Capital Tech Team. We love what we do, and we’re excited to add another talented, interesting and inspiring person to the team. Do you love technology, want to work with amazing entrepreneurs, and think you can be a great investor? If so, read on, find our application instructions below, and we’ll look forward to meeting you.
Want to know more about us? F-Prime Capital has its roots in one of America’s great entrepreneurial success stories: Fidelity Investments. For more than fifty years we have had the privilege of backing great entrepreneurs building iconic companies in technology and healthcare including Atari, MCI, Nuance, Alibaba, and Ultragenyx. Today, F-Prime and our international sister fund Eight Road Ventures collectively form one of the world’s largest VC firms, with several billion dollars under management, 350+ portfolio companies, and more than 100 investment professionals across our global platform.
We’re proud of our 50-year history but hey, a lot has happened in just the last few years! We were thrilled to see Toast and Flywire go public. We’re also excited to have helped several of our early investments grow into category leaders, like Lighthouse in hotel technology, Benchling in biotech and pharma, and Snapdocs in mortgage closings. We continue to back new companies that we believe will re-define their markets, including Canoe (alternative asset data infrastructure), Ashby (applicant tracking and analytics), and Deal Engine (post-booking automation for the airline industry).
While we think that’s all awesome, it’s hard not to be impressed with our Healthcare team, which has enjoyed more than a dozen IPOs and acquisitions in just the past few years. Innovent, Orchard, Denali Therapeutics, Mersana, and Surface, to name a few.
What is the role? Associates on the tech team have a tremendous amount of freedom and responsibility. We expect a lot, but in return you will have wide autonomy as an active participant across the full range of investment activities. We will ensure you receive mentorship and VC apprenticeship while owning and leading focus areas early in your role. You will be a full part of the investment decision-making process. At F-Prime, you’ll quickly learn that your insights and judgment are valued.
And yes, you will live all parts of venture capital:
- Source: Identify and generate investment opportunities on behalf of the tech team. We receive a lot of referrals, but often our best opportunities come from entrepreneurs we know or proactive outreach to startups that we recognize are doing something great.
- Evaluate: Conduct sector and company due diligence in the form of customer interviews, market analysis, and financial modeling. You will do a lot as we look at investments, but our best insights come from proactively learning about a sector before we invest. We encourage associates to dive into their own pre-emptive research on areas of interest.
- Support: Be a resource for entrepreneurs as they grow their companies. There will be many opportunities to dive in, get to know the teams, and help our portfolio companies. These will often be one-off projects but we also create short, defined, full-time roles with portfolio companies when the fit is there. Over time, you will take on Board Observer roles at our portfolio companies
- Reflect and report: Analyze our portfolio performance and industry trends and help us reflect, learn, and improve as investors.
What are you like? Our associates have strong analytical abilities and are intellectually curious. They are humble and collaborative — befitting the ethos of the fund — and possess well-developed communication and interpersonal skills. They have a high degree of empathy for early-stage entrepreneurs and the risks they take. High IQ and EQ are both critical.
We are sector specialists and strive to know our domains deeply. Associates should have a solid foundation in technology, and business experience via management consulting, venture capital, or operating companies/startups.
What are we like? We are a team of seasoned operators and investors who are analytically-minded and thesis-driven. We love big markets and big ideas, but we also love nuanced insights from entrepreneurs who re-think conventions and find the white space in existing markets. We roll up our sleeves and engage, while being collaborative and ultimately respectful of the founder’s position. Our team is approachable and consistently seen as thoughtful investors. Though we are part of a large global brand that grants us an international perspective and community, we’re a tight-knit and hungry team.
What else do you need to know? The role is a minimum two-year commitment. We are open to this becoming a Partner-track position, but will also support your transition into a portfolio company or to graduate school. F-Prime associates have a strong track record of admittance to the leading business schools in the country.
Requirements:
- Bachelor’s Degree with excellent performance for computer science or engineering. This is a pre-MBA position
- 2-4 years of progressive work experience, ideally in management consulting but possibly in an operating role, technology development, or tech M&A/corporate development
- Passion for tech and startups, and solid understanding of Enterprise software [Extra Credit] or fintech
- [Extra Credit] Demonstrably active network in Boston or New York or San Francisco
- [Extra Credit] Early-stage startup experience as Founder or early employee
- Position is based in Boston initially with the opportunity to consider other offices over time
To apply: Submit a resume to recruiting@fprimecapital.com. Put your name and the words “F-Prime Tech Associate” in the subject line
