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Venture Capital Jobs Blog

Curated by John Gannon and Team

VC Associate @ UDC Ventures in New York City, NY

UDC Ventures is the corporate venture arm of Universal Display Corporation (Nasdaq: OLED), a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications.  UDC Ventures seeks to partner with entrepreneurs, disruptive start-ups and innovative, emerging companies in fields related to our strategic focus areas (display technology, advanced materials, IP licensing). Our target companies can be at any stage, ranging from pre-commercial stage research and development through later stage, emerging or established companies. Our investment can range from early round funding to later stage growth capital. We seek to be impactful strategic investors as opposed to passive or purely financial venture investors.

UDC Ventures is focused on investing in mega-trends that can impact the technology landscape similar to how OLED technology has impacted the broader display market.  Visit us at www.udcventures.com  to learn more and please review our parent corporation’s website at www.oled.com

What You’ll Get To Do

We are a brand-new corporate venture capital fund and are truly still building our day to day operating principles, so the Associate will participate in all aspects of both building a VC firm and the investment process – from developing our calling strategy and presentation, to sourcing deals, performing due diligence and supporting portfolio companies. 

UDC-V is a lean and collaborative team leveraging the infrastructure and expertise of a multi-billion dollar public company, where the Associate will work directly with the investment partners and the parent company with a focus on sector mapping, company tracking, database building and driving quantitative modeling & analysis.  In addition, he/she will represent UDC-V in the broader venture and startup ecosystem. Some of the ongoing tasks will include:

  •         Market research and competitive analysis
  •         Financial review and valuation analysis
  •         Internal firm initiatives including reports, industry trends and board/management presentations
  •         Reference checking on management and customers
  •         Proactive deal sourcing

What You’ll Bring

Education & Experience:

A Bachelor’s degree in business, economics or computer science from a reputable institution is strongly desired but not required. While we are most interested in someone with experience at a professional venture capital firm, we are generally looking for someone with 2-5 years of previous work experience in financial/business analysis in strategy consulting, investment banking or VC. The candidate should possess a strong understanding of and comfort with the technology sector. In addition, the candidate should have experience performing due diligence such as research industry dynamics, analyzing complex data sets to identify crucial financial and business information and have the ability to develop an independent, value-added perspective on investment discussions.

Overall the candidate should have personal integrity, initiative, financial analysis skills, quantitative expertise, strong oral and written communication skills, a track record of success and the ability to work as an effective part of a small and diverse team are essential.

Competencies

  •         Analytical ability to evaluate companies including their strengths and weaknesses.
  •         Must be able to understand and then explain complex issues to make a strong business and financial decision.
  •         Develop in-depth assessment of emerging industries with the aim to identify high potential investment opportunities.
  •         Evaluate potential portfolio companies for their ability to work on strategic projects within our parent corporation
  •         Assist portfolio companies with strategic and operational projects, including working directly with management teams to help drive strategic value

Communications

  •         Excellent writing/editing and verbal communication skills
  •         Sincere commitment to work collaboratively with all constituent groups
  •         Self-starter, able to work independently, and entrepreneurial; enjoys creating and being part of new initiatives
  •         Efficient understanding of partners requests and be able to work under tight deadlines
  •         Excellent organization skills with solid attention to detail while working with simultaneous fast-paced projects

Other Requirements

  •         Some travel may be needed between UDC’s corporate headquarters in in Ewing, NJ outside of Princeton as well as potential travel related to visit and evaluate potential portfolio companies.
  •         References

What We Offer

Family like environment with an entrepreneurial spirit

Collaborative culture that thrives on innovation and new ideas

Recognition for great achievements

Growth opportunities for career development

Flexible work arrangements to help balance life and work

 

Competitive Benefits and Compensation Package

UDC-V is proud to be an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sex, sexual orientation, national origin, disability status, protected veteran status, and any other characteristic protected by law or company policy. Due to the high volume of responses, we will only be able to respond to candidates of interest. All candidates must have valid authorization to work in the U.S.

 

Thank you for your interest in UDC Ventures

 Contact us @ 

udcventures@oled.com

 

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Written by sandeepashah

September 10, 2019 at 4:18 am

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