Red Sea Ventures - Early Stage Principal  


About Us

Red Sea Ventures is a leading NY-based, pre-seed and seed stage venture firm investing in tech-enabled, user-centric consumer startups. In our first fund, we invested in category leading companies across sectors including Allbirds, Nest, Sweetgreen, CaseText and Prose. We are looking to partner with mission driven founders seeking to transform the economy and the lives of their teams and users. We are an entrepreneurial firm that values friendliness, humility, camaraderie, collaboration, determination, independence, and hustle with a commitment to performance. We are building RSV as a platform for community; bringing together our visionary founders, LPs, and relationships at large to support the companies we are fortunate to partner with.

The Role

We are hiring a Seed Principal to work alongside our Founding Partner, Scott Birnbaum, and lead investment efforts as well as portfolio management matters. This is an incredible opportunity for someone who is passionate about the consumer category and who thrives in an entrepreneurial environment. Responsibilities include:

  • Identify high-quality investment opportunities that fit with the firm’s consumer thesis (which includes consumer tech/software bets as well as CPG/consumer brand opportunities)
  • Evaluate investment opportunities and lead diligence efforts (e.g. market analysis, competitive mapping, and financials) from sourcing to close
  • Manage term sheet negotiation process with prospective portfolio companies
  • Perform market research and identify new focus areas for the fund
  • Develop domain expertise in top consumer segments
  • Lead Investment Committee meetings
  • Provide active support to portfolio companies to bolster growth of the business (i.e., operational efforts, business development, marketing, talent, etc)
  • Attend board meetings, taking board seats or board observer seats
  • Team management; collaborate with and provide training opportunities for junior investors on the team

Requirements

  • 8+ years of professional experience, with a minimum of 3 years in an investing role
  • Strong interest/passion in the Consumer and B2C software space with the demonstrated ability to identify and evaluate opportunities in the space
  • Track record of deal execution and term sheet negotiations
  • Strength in LP-facing presentations and materials
  • Strong network among co-investors and founders
  • Highly professional in the presence of high-profile individuals
  • Excellent written and verbal communication skills
  • Sharp attention to detail

Below are some of the qualities we are looking for:

  • Determined to Win: You rise to the occasion and push yourself to win.
  • Dynamic and Full of Hustle: You always think like an “owner”. You spring to action and are not afraid to get your hands dirty. When facing obstacles, you find ways around them to get results for your team.
  • Intellectually Curious, Critical Thinker: You love learning new things and going deep on new topics / disciplines. You frequently question the status quo. You exhibit a relentless willingness to pursue the truth. 
  • Passion for Creativity, Technology, and Startups: You likely started coming up with business ideas in high school and may have founded a company early in your career. When you hear about new technology companies, you are filled with enthusiasm for what could be. Many of the people you surround yourself with are people who work in tech, research, innovation, or are creatives. 
  • Independent and Self-starter:  While you’ve worked well in teams and thrive on a collective mission, you understand that to move fast you often have to move alone. You appreciate feedback and transparency as a means to self-improvement. This is also demonstrated by your strong opinions that are well informed and have a strong ability defending those opinions. 
  • Multi-Tasker and Able to Prioritize: You are able to juggle multiple projects at once and have a system for completing your tasks/projects while able to constantly re-prioritize according to evolving needs. 
  • Happy and Humble: Your friends, family and colleagues would describe you as gregarious, eager to experience the world, optimistic, pleasant to be around, flexible, helpful/always looking to assist those around you, determined to succeed but not at the cost of doing the right thing or treating people well.
  • Team Player: You collaborate well with others and put the good of the fund first. 

 

RSV is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

To apply, please complete the application form and we will be in touch regarding next steps.