VC Associate @ Manifold in Chicago, IL

Manifold is a venture holding company

Changing market conditions—driven by technology—combined with excessive amounts of capital seeking a home have squeezed the returns out of the broad swathes of the market from public equities to hedge funds to private equity.

Early stage private investments represent an extraordinary investment opportunity, but existing investment models in the space leave much to be desired. Manifold represents a new model designed to create and capture value at the early stage.

Launched Ten Years Ago, Manifold Has Three Divisions

  • Manifold Ventures invests in extraordinary founders and provides strategic guidance to our portfolio to maximize asset value creation.
  • Manifold Studios partners with extraordinary teams to conceive, build, and scale high growth ventures.
  • Manifold Advisory partners with enterprise clients to help them adapt and grow in the context of an increasingly disruptive economy.

A fundamentally better platform for disruption

Manifold creates, appreciates, and sells equity stakes in high growth companies, and partners with enterprises to achieve similar asset value creation.

We focus on value creation inflection points, getting in early to take advantage of very rapid appreciation as initiatives transition from uncertainty to measurable risk, and on to full validation.

We focus on investments that are desirable acquisition targets for enterprises because they help them adapt and grow.

We bridge the gap between disruption and enterprise innovation by connecting enterprise resources, data, and relationships with disruptive new products and business models affecting their future.

We avoid excessive risk and volatility in the pursuit of unicorns; our performance is rooted in consistent returns across a large portfolio of very high growth assets instead of a few outliers.

We maintain a full suite of expert resources in house to maintain our position at the forefront of market evolution.

We utilize a pooled resource model to maximize adaptability, talent utilization, cross learning, and opportunities for team members to achieve mastery in the context of an engaging variety of projects.

We leverage reusable code, systems, and processes to continually reduce costs, enhance our speed, and improve our quality.

We get our hands dirty both strategically and tactically to reduce risks and accelerate value creation, whether in the context of our investments, our studio, or client engagements.

We primarily raise capital at the holding company level to provide the best risk-adjusted returns to our investors, while allowing us to quickly adapt our allocations as market conditions change.

The role

Manifold Associates engage across our three divisions (venture, studio, advisory) to participate in a variety of projects focused on research, analysis, synthesis, and action. The work tends to vary significantly from project to project, and may involve taking on very hands-on duties such as marketing, sales, project management, and customer development. Other projects may be entirely about analysis and synthesis. Associates are typically assigned to more than one project at a time.

Manifold believes that Associates are more capable of anything when they’re capable of everything. Combining experience as a venture capitalist, entrepreneur, and advisor empowers our Associates to perform at a significantly higher level. It also makes Manifold more powerful and adaptable as an organization.

The role requires exceptional analytical skills, attention to detail, narrative writing skills, verbal communication skills, and business acumen. Applicants should be comfortable with ambiguity, very high levels of complexity, and requirements for rapid adaptation. Frequent feedback and support will be available. However, this role will involve significant autonomy; applicants will be expected to be resourceful and self-reliant in determining the best path to completing projects.

Some Core Attributes We’re Looking For

  • Growth Mindset
  • Results orientation
  • Resilience
  • Curiosity
  • Empathy
  • Persuasiveness
  • Collaborative nature

Other Preferences Include

  • Experience starting a business, charity, initiative or project is preferred
  • Business coursework
  • Extracurricular activities (early work experiences, leadership activities, or sports)

Manifold Group is based in Chicago with offices in Dallas, Los Angeles, and soon Atlantic Canada. We employ a hybrid in-office / remote working style, although we’re fully remote at least until Q2 2021.

Details

  • Full time position as a Venture Associate
  • Remote work (at least for now)
  • Competitive base salary plus bonus
  • Future opportunities for equity
  • Competitive benefits including health care, dental, and 401(k) with match
  • PTO is unlimited

If interested, please apply here.

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