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Market Mapping in VC
The Early - 7th Edition
Hi all! Hope everyoneโs had a great start to the week ๐ As always, thank you all for following and for checking out our job board!
๐น Hereโs what we have for today:
P.S. Congrats to Kim for winning the gift card challenge! ๐
New VC Roles This Week ๐ซ
Internships ๐ค
Accelerator Intern @ Plug In Ventures - Apply Here
Summer Associate @ Selva Ventures (Los Angeles, CA) - Apply Here
Investment Analyst Intern @ Tencent (Palo Alto, CA) - Apply Here
Venture Investment Intern @ Niterra North America (Santa Clara, CA) - Apply Here
Analyst Roles ๐
Venture Analyst @ Vulpes Ventures - Apply Here
Venture & Ecosystem Operations Analyst @ Mission BioCapital (Bay Area, CA) - Apply Here
Investment Analyst @ MacCap Venture Capital (London, UK) - Apply Here
Ventures Analyst @ MongoDB (San Francisco, CA) - Apply Here
Junior Software Investor @ Headline (Bay Area, CA) - Apply Here
Associate/Senior Associate ๐
Venture Associate @ Vulpes Ventures - Apply Here
Associate @ Berkeley Frontier Fund (Berkeley, CA) - Apply Here
Ventures Associate @ Qualcomm (Santa Clara, CA) - Apply Here
Senior Associate @ Next47 (Palo Alto, CA - Hybrid) - Apply Here
Associate @ Gold House Ventures (Bay Area, CA or New York, NY) - Apply Here
Ventures Associate @ MongoDB (San Francisco, CA) - Apply Here
Technical Associate - Energy Systems @ Lowercarbon Capital (San Francisco, CA) - Apply Here
Operational Roles ๐ค
Chief of Staff, Investment Ops @ Lowercarbon Capital (Los Angeles, CA) - Apply Here
Operations Associate @ Antler (Sydney, NSW) - Apply Here
Ops & Data Intern @ Antler (London, UK) - Apply Here
Program Manager, Mobility @ Plug and Play (Sunnyvale, CA) - Apply Here
Roles Still Open From Last Week ๐โโ๏ธ
Junior Analyst, Climate @ Better Bite Ventures (New Zealand - Remote) - Apply Here
VC Analyst @ Concentric (London, UK) - Apply Here
Summer 2024 Investment Listener Intern @ Listen Ventures (Chicago, IL) - Apply Here by first week of March
Summer 2024 Platform Listener Intern @ Listen Ventures (Chicago, IL) - Apply Here by first week of March
Summer 2024 Consumer Insights Intern @ Listen Ventures (Chicago, IL) - Apply Here by first week of March
Summer Associate @ F-Prime Capital (Boston, MA) - Apply Here
Deep Tech Investment Intern @ Photon Ventures (Netherlands - Hybrid) - Apply Here
Technical Associate @ Lowercarbon Capital (Boston, MA) - Apply Here
Venture Intern @ The Tech Buzz (US, Remote) - Apply Here
Analyst @ StartFast Ventures (Remote) - Apply Here
VC Analyst @ Griffin Gaming Partners (Los Angeles, CA) - Apply Here
โ๏ธ Note that many VC roles are posted without application deadlines and filled on a rolling basis - if you see one you like, Iโd recommend applying within a week, or as soon as possible!
Market Mapping: Software for Hardware Design Blog ๐ค
Iโve gotten a few questions about how to map out markets as an investor, and wanted to share a blog that I recently co-authored, focused on the software for hardware design market.
Today, hardware is still being designed using inefficient, bulky tools that are >20 years old - interestingly, the space hasnโt seen the same innovation as the software development industry. Our team is convinced that the hardware design space is ready for a new wave of tools, and decided to write a piece to map out the market. ๐
The market mapping process includes:
1) Identifying a specific trend in an investable area for our firm. This usually starts by identifying a $5B+ market with significant pain points and customers asking for new solutions.
2) Speaking with experts in the space to better understand existing pain points and opportunity areas. In this case, we spoke with tons of hardware designers, supply chain leads, and engineers.
3) Familiarizing ourselves with the capabilities of existing solutions and where theyโre falling short.
4) Identifying as many startups as we can find that are tackling the space in a new way and solving the pain points we identified earlier.
5) Segmenting the landscape of existing startups based on their technology, approach, specific use cases, etc. In this case, we segmented the market based on each startupโs place in the hardware design value chain.
6) Identifying startups whose missions and approaches align with our investment thesis in the space to consider as potential investments.
Iโm considering writing a more in-depth piece on this in a future post - is this something youโd be interested in? Let me know below ๐
This Week: Interview with Ryan Chandra๐
Iโm so excited to announce our guest for Episode #2 of the Early interview series! ๐ Iโll be chatting with my friend Ryan Chandra, a fellow Cardinal alum and early-career VC at Accenture Ventures. Ryan graduated from Stanford in 2021, and began his career as a consultant at Accenture. He later transitioned to a VC role within Accentureโs venture arm. Heโs one of <10 members of Accentureโs investments team - out of 100k total Accenture employees! ๐ฑ
A background on the Early interview series: Iโll be hosting guests to talk through career learnings & their experiences breaking into roles such as VC, product, startups, and beyond ๐คฉ Iโll be sharing written highlights from these interviews via this newsletter, and will also upload the full conversations to YouTube ๐
We have upcoming guests from the Westly Group, Accenture, and more! ๐
Poll: Submit a Question for Ryan ๐ญ
Ask Ryan a QuestionCurious about life at Accenture? Transitioning from consulting to VC? Ask Ryan a question here! |
ICYMI: Last Weekโs Interview w/ Sammie Hasen ๐๏ธ
Last week, I chatted with Sammie Hasen (VC @ TechNexus) about founding a company in college, working at Goldman Sachs, and her day-to-day as an early-career VC.
Resources ๐
Check out Soapbox, one of my favorite newsletters focused on career, culture, and capital ๐
Also check out NextGenโs newsletter, geared towards the next generation of leaders in venture capital ๐ช
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Say Hi! ๐
And thatโs all for this week! You can find me on LinkedIn, Instagram, and X. As always, feel free to reach out to [email protected] with any questions and/or feedback. Iโd love to hear from you!๐
-Mic
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