Want to Be an Investor? Cross Culture Ventures is Looking for a Summer Associate - Black Enterprise
Black Enterprise Magazine July/August 2018 Issue

Cross Culture Ventures (CCV) has teamed up with Silicon Valley Bank to provide a unique opportunity. This summer, the venture firm is hiring a Summer Associate to join their investment team for two months between June and August. According to a recent post, the ideal candidate is an MBA student going into their second year with a keen interest in learning about venture capital and a passion for technology and startup companies. Previous venture capital or early-stage startup experience will also give you a boost in the application process. Additionally, due to the massive underrepresentation of women in the space, female minorities are highly encouraged to apply.

“Black and Latina women are significantly underrepresented in VC. Let’s change that,” said CCV Managing Partner Marlon Nichols.

Managing Partner, Marlon Nichols (Image: Cross Culture Ventures)

CCV Managing Partner Marlon Nichols (Image: Cross Culture Ventures)

 

So what will you gain? The post states that the Summer Associate can expect to gain hands-on experience in all areas of venture capital, including financial analysis, due diligence, deal execution, and portfolio support. Also, they didn’t fail to mention that the pay is competitive.

And what exactly will you be doing? Some of your tasks will include reviewing pitch decks and meeting with entrepreneurs; analyzing investment opportunities; researching market trends; performing company financial analysis, due diligence, and author investment memos used by partners and investment committees in investment decisions; and leading various internal market and technology research projects.

Cross Culture Ventures is an early-stage venture capital firm based in Los Angeles that invests in entrepreneurs creating next-generation technology and consumer products. Through their strategic partnership with Atom Factory, they work together to discover, invest in, and develop companies that fuel shifts in cultural trends and behaviors within an increasingly diverse global marketplace. CCV has over 20 companies in its portfolio, which includes Gimlet Media, Thrive Market, Blavity, Fair.com, and Mayvenn.
For more information on the opportunity, click here. All applications are due, Friday, April 27, at 5 p.m. PST.

 

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Sequoia Blodgett

Sequoia Blodgett is a Reporter for Black Enterprise. She is also the founder of Commas, a consulting firm that gives entrepreneurs access to top tech and creative resources to help them grow their business.


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