Investor

Penny Jar Capital

San Francisco, CA, USA

Full time

Sep 20

Penny Jar Capital is an early-stage venture fund founded by Bryant Barr and Rich Scudellari. As complementary capital, we back founders who challenge the status quo and help them turn their ideas into category-leading businesses. With Stephen Curry as the fund’s anchor investor and special advisor, Penny Jar makes connections and creates opportunities for founders and their teams. We’ve invested in companies like Assured, HiveWatch, Local Kitchens, Praxis Labs, Syndio, and tokenproof. 

We are building a team (and a portfolio of companies) rooted in three core tenets: imagination, curiosity, and determination, and we strive to continually model the importance of accountability and humility as we grow. We are an equal opportunity employer and believe bringing together a range of experiences, backgrounds, and perspectives are key to creating a winning culture at Penny Jar. Furthermore, we believe it is critical to support our portfolio companies to do the same. Even if you think you might not meet the criteria listed, we’d encourage you to apply.

POSITION OVERVIEW

We care deeply about the founders we back, and aim to find creative and meaningful opportunities to support their work at every turn. We are building an investment team that is consistently present, accessible, and ready to deliver for founders. 

Reporting to the managing partners, this person will source, evaluate, invest in, and support the most innovative early-stage startups. This role is located in the Bay Area for hybrid remote work.

RESPONSIBILITIES

Research: Spearhead market research to underwrite existing deals in the pipeline and identify new investment opportunities.

Deal Sourcing and Pipeline Management: Develop and grow relationships in the industry to drive Penny Jar Capital deal flow and manage the investment opportunity pipeline.

Deal Evaluation: Play an integral role in the entire diligence process, including financial scenario analysis, product demos, customer references, and industry expert calls.

Portfolio Company Support: Collaborate with founders and team members of portfolio companies on key operational needs post-investment.

Fund Management: Create and enhance internal processes, including pipeline organization, CRM management, and portfolio company information collection.

Fund Administration: Drive LP and fund financial reporting in coordination with partners and fund administrator.

Other responsibilities as needed.

QUALIFICATIONS

Education: Bachelor’s Degree

Work Experience: At least 3 years of relevant full-time work experience. Examples of relevant industries include, but are not limited to, investment banking, consulting, venture capital, and early-stage startups.

Communication is Key: Excellent written and verbal communication skills, paired with strong EQ.

Think Outside the Box: Natural curiosity and creative thinking that empowers an ability to challenge the status quo.

Comfort in Complexity: Determination to tackle complex problems and regularly navigate ambiguity to make calculated risks.

Details Matter: Commitment to excellence in all aspects of work underpinned by strict attention to detail.

Deal in Numbers: Strong grasp of basic quantitative skills is preferred.

COMPENSATION

Competitive pay will be offered commensurate with qualifications, and competitive benefits will be provided, including comprehensive medical plans, 401(k) plan, and flexible time off.

HOW TO APPLY

You can find the application for this role by clicking here.

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Penny Jar Capital

Building tomorrow, one penny at a time. We're redefining the role of an early-stage investor.

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