POWERHOUSE VENTURES SUMMER ASSOCIATE
Position: Summer Associate
Entity: Powerhouse Ventures
Reports to: Senior Associate
Location: Remote or Oakland, CA
To apply, please submit your resume and a one-page cover letter to careers@powerhouse.fund by March 22nd, 2024. Please include “Your First and Last Name - Summer Associate” in the subject line.
We are unable to do informational interviews at this time, so if in doubt, please apply.
About Powerhouse Ventures
Our mission at Powerhouse Ventures is to identify and support founding teams building innovative software to rapidly transform our global energy and mobility systems. We believe that addressing the climate crisis requires deploying our most viable market-based solutions today.
Who Are We Looking For?
Powerhouse Ventures is hiring a full-time, paid Summer Associate to support the investment team. This individual’s primary role is to support both active market research and diligence, as well as longer-term projects directly associated with our OKRs. The internship is expected to be 40 hours per week for 12 weeks from May-August.
What You’ll Be Working On
- Support sourcing and reviewing startup opportunities
- Support deal evaluation as needed, including financial analysis, competitive analysis, and market sizing
- Collaborate on research efforts to proactively identify new investment theses and opportunities
- Lead a research project focusing on opportunities in industrial decarbonization (or another mutually agreed upon theme)
- Collaborate on investment memo writing for any deals completed during the internship period
- Support the quarterly survey process and LP reporting, as well as other aspects of portfolio company support
- Other responsibilities as assigned
About You
- Currently enrolled in an industry-relevant Masters or PhD program, or 4-6 years of prior industry-relevant job experience
- You thrive in a fast-paced environment
- You have excellent communication skills and high EQ
- You bring strong strategic, analytical and critical thinking skills
- You have a willingness to dive into the details and navigate through ambiguity
- You are driven and self-directed with outstanding organizational skills
- You are passionate about climate tech
- Industry relevant technical, engineering and/or operator experience is a plus
Benefits
- Exposure to the country’s most innovative climate tech startups and access to Powerhouse Ventures’ extensive network of industry executives, investors, and thought leaders
- Insight into climate tech software trends and opportunities
- Experience on a fast growing, ambitious, and passionate team dedicated to changing the way we power our world
- $25/hour stipend
Diversity
One of our values is to broaden leadership opportunities for women, underrepresented people of color, LGBTQ+, and anyone with an experience historically underrepresented in companies, board rooms, and venture funds. We believe that everyone in the industry, and at our fund, has to be committed to pro-DE&I policies and practices. We celebrate diversity and are committed to creating an inclusive, safe, and growth-oriented environment for all members of our team.
Purpose, Culture, and Values
Our purpose is to address the climate crisis with innovation.
The Powerhouse and Powerhouse Ventures teams have built a high-performance, results based, and impact oriented environment. We’re committed to cultivating a positive workplace that embraces feedback and supports personal and professional growth.
