About Alpaca VC
Alpaca VC is a multistage venture capital firm based in New York. We believe that layering technology over daily life transforms how the real world works. So we invest in the people, products and processes that power commerce in the physical world. Together with founders, we kickstart real change with outsized impact.
Role:
We are seeking an intern to focus on venture investing in emerging companies impacting the built world (primarily PropTech, Construction Tech & Climate Tech). This is an opportunity to work at the forefront of innovation via investment vehicles that drive software and technology adoption in an industry anchored by real assets.
Our MBA Associates bring a passion for disruptive innovation and are the backbone of our Field Study research. In return, we provide a dynamic and collaborative work environment, the opportunity to gain valuable experience in the VC and real estate industries, and limited compensation. 50% of Alpaca MBA Associates have gone on to full-time careers in VC, and 78% in the broader startup/buyside ecosystem.
This role will begin in the Fall and ideally extend into the Spring, although exact dates are open to discussion
The ideal candidates for this role are:
- Currently pursuing a graduate degree such as an MBA or a Master’s in Real Estate;
- Passionate about technology and innovation;
- Able to develop a deep understanding and thesis on how products, platforms, and companies fit into broader market trends;
- Willing to dedicate significant time and effort to the MBA Associate program;
- (Optional) Experienced in the real estate industry, such as real estate private equity, development, or asset management;
We like to be upfront and inform candidates that our program is time-consuming and intense. We recommend that you do not have any major extracurriculars outside of Alpaca.
Scope:
- 50% = Investments. New deal focused, calls with founders, leading diligence, conducting market research and underwriting, drafting investment memos, sitting in on our investment team meetings;
- 20% = Field Study. You will be responsible for one field study, which will consist of a deep dive into a specific sector or theme, identifying trends playing out and companies emerging within that theme (see Alpaca Field Studies here);
- 15% = LP Fundraising/IR support. From time to time you will be given projects related to answering questions for prospective LPs and helping buildout IR materials;
- 15% = Ops support. Miscellaneous day-to-day fund operations as well as portfolio company support
Disclaimer: Alpaca VC Investment Management LLC is a U.S. Securities and Exchange Commission registered investment adviser. Alpaca VC Investment Management LLC is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
