A brave new world
This is a special mid-week, mid-day edition of onejob - we thought this role was so great that we just had to make sure you saw it before Friday.
Separately, thanks to everyone who has applied so far to Propel. We’re closing the application soon for July’s class, so if you’d like to join the Propel community, please submit an application today.
Know someone that would be perfect for this role?
If they’re ready to build, pass this email along and tell them to apply.
Want this job?
Apply here (special onejob link).
What is the job?
CoS at Soma Capital
Chief of Staff
Why this is a great job
Aneel and the team at Soma are ambitious - they want to be some of the best early stage investors out there - and they’re well on their way, having invested in companies worth $35B. They’re looking for someone to help them take them to the next level and be immersed in every aspect of the firm’s operations and investing process. This is a rare type of role, so take a serious look.
The nitty gritty
Company website: www.somacap.com
Location: SF (remote possible)
Who you’d be working for: Aneel Ranadive, Managing Partner
Description
Soma Capital is a fund built by founders, for founders. Soma invests in brilliant teams who are “starving” to solve huge problems, push civilization forward and improve the human condition.
Soma is founded by Aneel Ranadive, who has over 10 years experience building and investing in startups. Aneel is often the earliest if not very first money in with a focus on software in consumer and enterprise. Aneel has seeded the likes of Cruise, Rappi, Embarktrucks, Astranis, Lambda School, Ironclad, Atrium, Razorpay, Alto Pharmacy, and Lendup among others. Soma Capital portfolio companies have a combined valuation of over $30bn, with over $10bn in follow on capital invested after Soma’s initial seed checks.
Aneel works with his father Vivek Ranadive, founder of Tibco Software which sold for $4.3bn to Vista. Tibco originally digitized Wall Street and powers 80% of Fortune 500 companies including many of the largest banks, airlines, retailers, hotels, casinos, and government services. Soma Capital has a deep rolodex of CEO-level relationships with some of the biggest brands in the world and makes strategic introductions for portfolio companies. Ranadive also owns the Sacramento Kings NBA team providing many influencer relationships in sports, media and entertainment. In addition to connections with athletes through the NBA network, the top artists in the world perform at Ranadive’s “Golden 1” arena from Lady Gaga to Ariana Grande, Jay Z, Travis Scott, Paul McCartney etc.
Soma Capital’s anchor investor is Bow Capital. Soma invests seed stage, then Bow Capital can invest Series A and beyond. Soma and Bow are backed by the UC endowment, which is the largest school endowment in the world ($120bn) and gives Soma Capital access to UC labs, professors, research facilities and over 22k graduating engineers per year to help portfolio co’s with hiring. Bow Capital gives Soma many resources to win seed deals and add value along the full trajectory from seed to growth stage.
Soma Capital is seeking to hire a Chief of Staff to work directly with Aneel Ranadive, Soma’s Founder and Managing Director. This is a rare and unique opportunity for someone who wants to learn the ins and outs of early stage investing.
Qualifications
Relentlessly curious, resourceful and highly willing to dive into all aspects of venture capital; resilient and able to adapt quickly to changing workflows
Low ego, humble and excited about working in an entrepreneurial, startup environment
Motivated, hard-working team player, able to work effectively in a small team setting
Excellent interpersonal and networking skills with proven ability to develop and maintain effective business relationships
Excellent verbal and written communication skills
Self-starter with strong work ethic
Passion for and working knowledge of technology-enabled businesses
Excellent quantitative analysis, finance and business modeling skills (with an emphasis on valuation and corporate finance skills), strong transactional experience, and an outstanding record of professional and academic achievement is a plus
Relevant experience in investment banking, consulting, venture capital, or private equity is a plus
Requirements
Work directly with Aneel (Founder and Managing Partner) on core fundraising initiatives, investment opportunities and strategic initiatives across the firm
Lead sourcing and outreach to potential investment prospects and founders
Cultivate and manage relationships with limited partners and founders within the portfolio and broader network
Launch and organize special projects and events to support the portfolio, brand, co-investors, limited partners, and early stage founders across the ecosystem
Synthesize research, news articles and white papers on the venture capital industry as a whole
Manage all email, Zoom, and in person communications
Generally act as the right hand person for Aneel, including optimizing his calendar, sending pre-meeting notes to help him prepare and flagging important tasks
Thanks for making it this far! If you’d like to see more jobs like these, you should subscribe to onejob premium.