Investment Associate Job Description
About 11 Tribes
11 Tribes Ventures is an early-stage investment firm that proactively invests into the resilience of entrepreneurs. We are radical in our allocation of resources to develop our founders, putting real dollars towards their mental, emotional, and spiritual health. Our approach is proving that healthy founders will lead to healthy returns without compromising mission or profitability.
By rejecting the status quo of dollars-driven, people-indifferent investing in lieu of an approach that centers around building businesses that are profitable and sustainable, we are changing the narrative of traditional venture from burnout to flourishing by redefining the ecosystem of support and the mindset of growth for each founder. We articulated our principles in a unique Handshake Agreement (which every founder we invest with to sign) which you can read **here.**
But words are cheap, hear what our founders had to say about our approach to investing.
11 Tribes Ventures — Founder Summit Recap
Where we are headed
As we approach what is shaping up to be an oversubscribed final close of 11 Tribes Ventures Fund II, a $40M investment vehicle, we are ready to expand our team. It is a humbling and deeply energizing moment for us as we know this role will be foundational in accomplishing our goal of building a generational investment firm.
Over the past few years, there has been a necessary reckoning in the industry of venture capital where the traditional “growth at all costs” mindset has been rebuked and challenged (you’re welcome to read more about our thoughts on this topic here). As many funds reel and reposition, there is a massive opportunity of influence for any organization that is consistently authentic, humble, and focused to emerge as a market leader. We are eager to assume the privilege and burden of applying healthy pressure to redeem what is broken in venture capital and entrepreneurship; we are seeking another individual who is fiercely committed to side-stepping paths of least resistance to deliver outsized returns to investors through radical founder care.
About the role
Investment Associate
Good deals are the lifeblood of any investment firm, so firms must cultivate a field of magnetism in order to attract the greatest founders. What we have found is our thesis, anchored in founder resilience, has created a current of positive selection bias: the entrepreneurs we endeavor to find are in fact finding us.
The force of gravity around our thesis has resulted in an investment pipeline bursting at the seams. Consequently, we’re seeking an Investment Associate to scale the rigorous, thorough, and compassionate due diligence process that exists today.
Success will be measured first and foremost based on the quality of relationships built with founders in our pipeline. One KPI we use to measure this success is the number of referrals from founders we pass on. Beyond that, performance of the Investment Associate will be measured on their ability to source, diligence, and win deals that embody 11 Tribes investment mandate.
Key Skills will include:
- Strong interpersonal skills and relationally focused mindset
- Quantitative analysis of financial pro-forma
- Market research and competitive landscape analysis
- Deep curiosity and inquisitiveness to understand what non-obvious questions should 11 Tribes be asking
- Exceptional communication both internally as deals are socialized as well as externally to share the value proposition of our firm
- Brand ambassadorship - the associate, as with all members of our team, will be expected to share the values of the firm externally, helping to build 11 Tribes reputation
Note: these are skills that will be developed over time in this role, not necessarily fully developed from day one.
About you
You are insatiably curious: not just about business models and creative sourcing strategies, but most importantly about people. In your quiet moments, you find yourself wondering about the motivations, habits, and mindset of the exceptional leaders in your life.
You think deeply about the merits and pitfalls of the latest technology and you are not afraid to march forward in ambiguity, learning by doing. You have an extraordinary ability for self-learning while quickly applying it with little direction or guidance. This requires strong emotional intelligence, active listening skills, anticipating the needs and requests of multiple stakeholders, and exerting a high level of empathy in all situations. You are a prolific grinder and a thoughtful communicator who has a bias towards action. Your trajectory has been shaped by intention, resilience, and excellence.
Regardless of background, we believe there are 3 innate qualities that will lead to success as a member of 11 Tribes:
- Humble - lack excessive ego or concerns about status
- Hungry - always looking for more: more to do, more to learn, more responsibility to take on
- Smart - have common sense about people and business
Next Steps
If this opportunity stirs up a sense of intrigue and excitement, please don’t be a stranger; we would be honored to hear from you.
Email us at hiring@11tribes.vc and share two things:
- a story of adversity and resilience from your life
- a problem you have identified in the world of VC and how you may approach solving it
