Almost half of startups either avoid taking debt through generic venture loan firms, banks, and credit cards or get rejected from using these financial instruments. Simultaneously, most founders are under financial stress and lack the ability to place additional capital into their business, even if they can make a profit. 70th & Madison Capital aims to support startups of all stages, early to growth, by providing credit through bespoke financial products which are focused on scaling digital advertisements that work. Digital Ads are one of the key drivers of growth for most startups and thousands of campaigns generate 5-7x profit through them. We take fair and meaningful month-over-month revenue sharing stakes in exchange for ad financing in startups and grow our credit amounts as we see these ads performing well. Starting from low financing amounts, we take low risk stakes and hold the ability to provide additional capital in greater amounts.

70th & Madison Capital is an investment firm that provides startups with non-equity, ad revenue-sharing-driven investment for the purpose of funding or scaling digital advertisement campaigns. We deliver more value than capital, serving as a value-add investor/financier focused on taking your venture’s strategy, growth, marketing, operations and partnerships to another level. Our investment structures are bespoke and focused on advertisement revenue sharing. The core of our mission is to help startups that we believe in easily access capital and speedily grow through our included value-add services and over $750,000 in sponsored perks. We enable startups to streamline the fundraising process by displaying greater traction or skip raising rounds all together by leveraging our combined decades of experience creating and investing in companies worth a combined 10-figures.

Investors-In-Residence, or Scouts, (https://www.70thandmadison.com/investor-in-residence) are tasked with sourcing promising startups that meet 70th & Madison Capital’s investment criteria. They conduct their own investment analysis, due diligence, and submit deals. If we decide to invest and the deal goes well, IIR’s are given a percentage commission of our first payout – all happening within 1-2 months. We empower our IIR’s by giving them the expertise, community, and speedy review process they need to be successful.

Key Responsibilities

Sourcing: Identify and refer promising ventures that align with 70th & Madison Capital’s investment criteria. The ability to network and conduct cold and warm outreach are important.
Startup Analysis: Analyze early-and-late-stage startups to ensure proper investment fit including product efficacy, competitive landscape analysis, team, etc.
Leadership Engagement: Talk to startup founders to ensure understanding of their businesses and their interest in receiving investment from 70th & Madison.
Deal Submission: Submit at least 2 high-quality startups per quarter.

Qualifications

Hold degree from or enrolled in a Undergraduate, Masters, or Ph.D degree in finance, statistics, economics, mathematics, business, computer science, information systems or related topics.
Network within the startup, venture capital, accelerators, incubators, and private credit community.
Interest in startups, finance, private credit, and venture capital.
Excellent communication and interpersonal skills.
Experience in sourcing and conducting investment analysis and due diligence.

Excellent verbal and writing communicator.

Benefits

Cash compensation for referring successful deals (5% of the gross return of initial financing which generally ranges from 4-6+ figures and is paid within 1-2 months of check writing).
Opportunity to gain meaningful finance experience.
Access to a vast network of startups and investors.
Flexible working hours and the ability to work remotely.
Development opportunities.

70th & Madison Capital is committed to a diverse and inclusive workplace. 70th & Madison is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation, please visit US Disability Accommodations.

70th & Madison Capital jobs

VC Scout @ 70th & Madison Capital in New York City, NY