Okta is in the midst of becoming a fully enabled platform company and must continue to nurture its ecosystem. The Okta Ventures fund will play a critical role in seeding the new crop of innovative, identity centric startups. This fund will invest into visionary, early-stage startups that can leverage Okta’s platform for identity, security, and privacy related areas.
https://www.okta.com/okta-ventures/
The Okta Ventures Principal will source, identify, evaluate, and build the case for investments in the most innovative early-stage enterprise software startups. This position reports to the Head of Corporate Development.
This role is full time and located in our San Francisco headquarters.
Job Duties And Responsibilities
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- Generate and manage sourcing and investment deal flow
- Drive partnerships and awareness of Okta Ventures within the startup and investment ecosystems, including venture capitalists, investment bankers, external accelerators, event planners, meet up organizers, etc.
- Conduct due diligence on companies, industries, products, customers, and competitors by evaluating market sizing, technology walk throughs, industry trends, competitive landscapes, and financial modelling
- Analyze financial and operational information relating to potential investments and portfolio companies, e.g. company results, profit and loss, growth rates, market share
- Keep up to date with market developments, new investment products and all other areas that can affect the markets
- Participate in periodic updates to appropriate executive management groups
Minimum REQUIRED Knowledge, Skills, And Abilities
- MBA or higher-level business degree preferred
- 5+ years of professional work experience at a top-tier venture capital firm or equivalent experience in a high-growth technology company, a startup, or accelerator
- 3+ years of overall experience working in enterprise software preferred
- Effective communicator, ability to convey complex ideas in a clear, concise manner both verbally and in writing; comfortable in business and technical discussions
- Experience in building trusting relationships and influencing others (incl. executive audiences)
- Ability to build and expand professional networks on behalf of Okta Ventures
- Collaborative team player who is also an independent thinker
- Self-starter who thrives and can multitask in fast-paced and often ambiguous environments
- Passion for technology, startups, learning new things, and investing
- Experience with cloud software vendors and their strategies/business models
If interested, please apply here.
