Associate, MongoDB Ventures
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Job Description
About MongoDB:
MongoDB is a leading provider of a developer data platform, aiming to empower innovators and organizations of all sizes to build, scale, and run modern applications. Their flagship product, MongoDB Atlas, is a globally distributed, multi-cloud database available in over 115 regions across major cloud providers (AWS, Google Cloud, and Microsoft Azure). They boast a large and rapidly growing developer base (over 175,000 new developers monthly) and work with major clients like Samsung and Toyota. MongoDB’s mission focuses on unleashing the power of software and data to transform industries, supporting modernization of legacy systems, embracing innovation, and leveraging AI.
Job Description: Associate, MongoDB Ventures
This role is an early-career position within MongoDB Ventures, the company’s venture capital arm. It’s ideal for someone with a strong technical background and a passion for infrastructure software and AI. While experience in institutional investing is beneficial, the role also provides exposure to MongoDB’s internal operations, including M&A activities. The position requires a strong interest in highly technical products such as databases and streaming platforms.
Responsibilities:
• Sourcing Investment Opportunities: Identify and pursue new investment opportunities, representing MongoDB Ventures in meetings with founders and startup executives.
• Market Analysis & Trend Identification: Collaborate with MongoDB’s Product and Engineering teams to understand key technology and market trends, creating market maps and investment theses.
• Investment Evaluation: Conduct in-depth evaluations of highly technical, infrastructure software companies, producing detailed investment memos and leading internal investment processes.
• Portfolio Company Partnerships: Support and develop partnership initiatives with portfolio companies.
Qualifications:
• Location: Based in the San Francisco Bay Area or New York City.
• Technical Background: Demonstrated interest in software development and infrastructure software. A technical degree (e.g., Computer Science, Math), prior experience as a software developer, or experience working with infrastructure software companies is required.
• Experience: 0-3 years of professional experience in a fast-paced environment (e.g., high-growth startup, investment banking, or consulting).
• Technical Aptitude: Strong understanding of technology and its impact on products, business models, and markets.
• Networking: Existing interest in and network within early-stage technology companies is a plus.
• Teamwork: A collaborative and ownership-oriented mentality.
Success Measures (Time-Based Goals):
• Month 1: Understand early-stage venture capital and MongoDB Ventures’ role; build key internal and external relationships.
• Month 3: Identify a market focus area, begin outreach, and develop an investment thesis. Continue network expansion.
• Month 6: Complete in-depth research on a chosen market area, engage with relevant early-stage companies, and develop a comprehensive thesis outlining key value creation opportunities and ideal company characteristics.
Compensation: The job posting includes a base salary range for US-based candidates ($78,000–$154,000 USD) and mentions additional benefits such as equity, employee stock purchase program, flexible PTO, generous parental leave, and various other employee wellness initiatives.
