Investment Principal

Burlingame, CA /
Research – Investments /
Full-time
Goodwater Capital is looking for a Principal to join our consumer tech investing team.
 
Goodwater team members are passionate about empowering the next generation of great consumer tech entrepreneurs through our expanding investment platform. You will have the opportunity to impact the entire spectrum of our investment process, including:

Investment thesis development
Sourcing
Due diligence and primary research
Deal execution
Portfolio company support
 
What makes you a good fit for the Goodwater investment team:
 
You are passionate about consumer tech: We believe consumer technology is the single biggest driver of change on Earth, shaping global culture and transforming the global economy in unprecedented ways. Our team members thrive in the world of apps and internet services that impact the lives of millions of consumers. Your passion emanates in conversations with founders and is reflective of our mission.
You are service-oriented: Venture capital is fundamentally a service business and we exist to serve and support our portfolio companies.
You are entrepreneurial: Similar to our portfolio companies, Goodwater is a fast-growing venture firm and requires team members who are builders and like to get their hands dirty.
You love research: Investing is all about seeking the truth and you are self-motivated to find creative and structured methods to uncover insights that will drive our investment decisions.
You are truth-seeking: We embrace the mantra “strong opinions, loosely held.” Investors who thrive at Goodwater are comfortable pushing back against a (near) consensus decision, and celebrate when their own point-of-view is challenged. Data is likely your favorite currency.
You embrace investing as a team-sport: You don’t focus on who sources a deal, or who was the first to identify a trend. Instead, you use every opportunity to put your best foot forward as a team and are excited to pitch in whether it’s for a live deal, prep for a board meeting, or synthesizing findings for an LP.

Requirements

    • Minimum of 6 years of relevant experience, e.g.:

    • - 2+ years of strategy consulting or investment banking (experience involving end-customer research and/or financial modeling).
      - 2+ years at an investment firm, such as a venture capital or growth equity firm (significant experience developing investment theses, conducting due diligence, and executing deals).
      - 2+ years of operating experience (e.g. growth, product management, business operations) at a consumer tech startup (experience building new consumer tech products, learning about customer needs, and helping to find product-market fit and scale an early business model).

    • Very strong written and verbal communication skills. You regularly build strong relationships with company executives and can communicate equally well internally.
    • Deep domain expertise (or a demonstrable passion) in one or more consumer technology sectors (e.g. social, fintech, commerce, healthtech, edtech, proptech, etc.).
    • Experience leading and/or mentoring junior team members and furthering their career development.
    • MBA or graduate degree strongly preferred.

Job Responsibilities

    • Investment sector thought leadership and coverage.
    • Quarterback the deal process end-to-end.
    • Articulate and direct all key diligence processes.
    • Represent Goodwater effectively from the first meeting all the way through to final close, including with external stakeholders (management team, co-investors, legal counsel).
    • Shadow as a board observer and help support and advise portfolio companies. 
    • Mentor/manage and drive results on the investment team.

Additional Information

    • Must be legally authorized to work in the U.S.
    • Timing: Immediate
    • Location: Burlingame, CA
It's also worth noting that we encourage anyone to apply that may be interested, even if you feel you don't meet 100% of the qualifications above. We acknowledge that we have overlooked or over-indexed on some of these requirements. So, please – apply! 
 
Goodwater is proud of our commitment to a set of core values -- Integrity, Quality, Transparency, Humility, Service, and Justice.  We place a premium on diversity of ideas and are excited to add new perspectives to our team.
 
About Goodwater Capital
 
The mission of Goodwater Capital is to empower exceptional entrepreneurs who are changing the world through consumer technology. Goodwater is founded on the belief that we are experiencing an explosion of new consumer-driven opportunities in communications, community, and commerce. We are excited to see great entrepreneurs pioneering powerful new platforms to serve consumers across a broad range of industries including food, housing, healthcare, transportation, education, financial services, and entertainment...just to name a few. Goodwater was founded in 2014 and manages over $2 billion across several venture capital funds. Our team has been honored to invest in and help build some of the most successful consumer tech companies in the world including Facebook, Twitter, Kakao, Chegg, Coupang, Weee!, Monzo, Zumper, Stash, Toss, musical.ly/TikTok, Spotify, Everlywell, IRL, and Getir. We apply that collective experience and understanding to build a growing portfolio of startups that will become the next generation of consumer platform companies.