Venture / Financial Analyst Intern

Austin, Texas, United States · Finance

Description

We're looking for the crazy ones that want to change the world. If you're just looking for a job, this isn't for you.

About Newchip:

Newchip is an investment aggregator and search engine for alternative investments such as Reg CF, Reg A+, and Reg D 506(c) that allows comparison of investments into startups across multiple industries. Think Kayak or Priceline for investments. We connect our users to investments based on their interest, preferences, and goals.

Our Mission:

Entrepreneurism is the #1 global factor for improving social mobility, creating jobs, improving access to education and healthcare. Our mission is to change the world by connecting entrepreneurs around the world with the capital they deserve to make their dreams come true and, most importantly, provide returns for their investors.

Industry Background:

The Jumpstart Our Business Startups (JOBS) Act was passed on April 5th 2012, as bipartisan support of entrepreneurship and small business growth. It is designed to encourage small business and startup funding by easing federal regulations and allowing individuals of many different economic backgrounds, to become investors. As impact goes, it was one of the largest changes to the business financing environment in over 75 years.

Since the passing of the JOBS Act, new marketplaces have opened up that act as the Broker Dealer, or funding platform. These marketplaces are some of the most important online equity creators for startups and small business owners, as they act as the means by which accredited and non-accredited investors alike, invest in startups and small businesses that need capital to grow out their business, operations, or product.

Market Size:

According to Crowdnetic, a crowdfunding and marketplace lending researcher, more than 6,000 U.S. companies have raised a total of nearly $1.4 billion in investor capital using these mediums since 2013. These numbers do tell: the JOBS Act opened up dried up capital for American dreamers and is allowing the crowd to decide which ideas work and which don’t.

We're at the precipice of a major global change in how people invest, how they interact with financial institutions, and manage their money. The U.S. industry alone is projected to have a global market cap of one hundred billion dollars by 2025. Newchip is perfectly positioned to gain a large piece of the market and we're building a team to go all the way with us to achieve it.

Newchip video introduction: https://www.youtube.com/watch?v=d9zMfS9jNDs.

JOBS Act SEC website: https://www.sec.gov/spotlight/jobs-act.shtml.

About you…

About Our Internships

Intern positions are available immediately and typically last 3 - 4 months. We are accepting interns who can devote at minimum 20 hours per week but prefer 40 hours. We are flexible with schedules but interns may not work remotely. Our primary goal for our interns is education and the potential for new hires. We accept internships in the Fall, Spring, and Summer, but reserve the right to forego classes due to structural priorities.

Our aim is to encourage entrepreneurship and buffer the ecosystem that supports it. We hope our interns gain practical skills and real-world knowledge they can apply in the industries they're interested in.

Role Overview:

As a Venture / Financial Analyst Intern, you will be responsible for reviewing funding applications, nurturing companies through the selection process, and helping Newchip and it's partners select companies for our portfolios. You will collaborate with our finance and biz-dev team to research and uncover investment opportunities to enhance your investing acumen. The ideal candidate will have meaningful exposure to private company investing and a passion for quantitatively and qualitatively evaluating investment opportunities in the venture capital landscape.You will be the one to ensure that our selection funnel is a well-oiled machine, moving the gears, and ultimately helping our companies be successful.

The area of responsibility for this role is very wide and thus requires thorough knowledge and most importantly a passion to learn and be involved in various company processes from both a strategic and execution standpoint. To be successful in this role, you should have extensive knowledge in the startup scene, finance, and CRM software. Ultimately, you will help ensure we only work with companies that fit within ours and our partners business objectives.

This internship will propel your career opportunities forward by giving you exposure and real responsibility to make an impact on a growing team. Prior interns have spent time supporting portfolio companies by assisting with financial models and pitch presentations while also researching new opportunities in FinTech.

You will help with...

Responsibilities

Requirements

Benefits


We're looking forward to meeting you and wish you the best of luck in the recruitment process!

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