As part of our commitment to DEI, Town Hall has committed to work to actively remove barriers that keep members of underrepresented communities from participating in investing & venture capital. To this end, we are excited to launch our venture fellowship program for graduate students from underrepresented backgrounds in VC, and plan to launch our inaugural cohort of two fellows in Fall 2021.
We are looking for candidates who are passionate about improving the healthcare outcomes for the most vulnerable and underserved populations. If you are intellectually curious, collaborative, want to work with transformative entrepreneurs and are excited about investing, then we look forward to meeting you.
We launched Town Hall Ventures in 2018 to invest in healthcare for the communities that need it most. We see an opportunity to rethink care delivery for our country’s most vulnerable populations — the elderly, the disabled, people on low and fixed incomes, and those suffering from chronic conditions — to improve clinical outcomes and bend the cost curve. Our firm has been architected to proactively identify, invest in, and accelerate the growth of transformative companies and visionary teams that are passionate about improving the health of these vulnerable populations.
Town Hall’s General Partners, Andy Slavitt (Former Acting Administrator of CMS, Founding Member of Optum), Trevor Price (Founder & CEO of Oxeon Partners), and David Whelan (Partner, Oxeon Holdings), bring deep expertise in investing and building companies that solve complex healthcare problems, as well as an unparalleled understanding of the government pay and value-based care landscape. Together with our highly strategic Limited Partners, including many of the most forward thinking health systems, payors, and thought leaders from across the healthcare ecosystem, we work side by side with entrepreneurs and our partner investors to rethink the way we deliver and pay for care in this country.
We are looking to bring on individuals who come from backgrounds that are historically underrepresented in venture capital — people of color, people who are lesbian, gay, bisexual, transgender, and/or gender nonconforming, first-generation immigrants, women, and people from lower socioeconomic backgrounds, and others — to join our team as venture fellows.
The fellows will spend the semester collaborating with our team to drive healthcare sectoral research and thematic sourcing efforts. To qualify, individuals must be currently enrolled or planning to be enrolled as of Fall 2021 in an MBA, MD, or MPH program. The fellowship will be paid and will require a minimum 10-hour per week commitment for one semester, with opportunity to extend if there is mutual interest. We are open to the fellow working with our team remotely or out of our NYC office, and will support remote fellows in traveling to our office to present their work to the team.
- Identify key healthcare sub-sectors and market trends in which Town Hall Venture should invest time and resources
- Work with THV deal team to perform market research through primary and secondary sources to identify areas of investment opportunity and inform thematic thesis development
- Conduct proactive deal sourcing through, but not limited to, market mapping, company tracking, and activating professional networks
- When appropriate, shadow founder pitches and collaborate with the THV deal team to conduct due diligence on actionable investment opportunities, including robust clinical, market, business-level, and financial analysis to identify key merits and risks, as well as to determine the appropriate risk-adjusted return profile of potential investments
- Present findings to the Town Hall team during investment committee meetings
Who we’re looking for:
- Currently enrolled or planning to be enrolled as of Fall 2021 in an MBA, MD, or MPH program
- Prior professional experience (full-time, part-time, or internship)
- Strong prior experience as an independent contributor and self-starter, with proven ability to excel in a fast-paced, unstructured work environment
- Knowledge of and/or passion for learning about market trends and evolving business dynamics in healthcare services and healthcare technology
- Strong interpersonal skills; high EQ
- Excellent interpersonal written and oral communication skills
- Demonstrated commitment to THV’s mission to transform healthcare delivery for underserved populations and a high degree of empathy for the populations we serve
How to apply
To apply, please send an email with brief answers (3–4 sentences each) to the following questions, with your latest resume attached as a PDF, by Monday, August 9th, 2021 to firstname.lastname@example.org
- What are you hoping to learn from participating in Town Hall Ventures’ fellowship program?
- Please tell us about an experience that has most shaped your interest in healthcare.
- What are 2–3 healthcare market trends and/or businesses that you find interesting as potential investment areas for Town Hall, and why?
- Outside of work, what are you passionate about?
From the initial submissions, we will select a smaller group for initial Zoom conversations, and then a set of finalists for meetings with our broader deal team and partners. We anticipate a start date of Fall 2021.