As a venture firm that also operates a yield strategy, through which we are one of the few institutional liquidity providers and solvers to top protocols, we believe we have a natural advantage in sourcing and selecting DeFi investments. It is a key pillar of our strategy, and as our DeFi Analyst you will play a significant part in growing this advantage.
You will join a tight, collaborative investment team. You will develop an in-depth understanding of the key verticals and technologies shaping DeFi, with an eye to identifying value in the market and high-growth opportunities. You will hone your analytical skills on the job, create detailed investment memos, and build a network you can leverage to reach and vet talented founders and generate deal flow.
The role will be focused primarily on liquid and venture investments within DeFi however you will be also be expected to cover liquid opportunities in other sectors.
Key responsibilities
Deal Analysis
- Conduct thorough analysis of DeFi protocols, tokenomics, and market dynamics to develop conviction on growing segments and attractive technologies
- Create detailed investment memos and financial models for potential investments
- Monitor market trends and identify emerging opportunities across the DeFi stack
Deal Sourcing
- Proactively generate deal flow across both liquid and venture DeFi investments
- Build and maintain relationships with founders and operators in the DeFi ecosystem
- Screen incoming opportunities and support pipeline tracking
- Attend relevant industry events and represent the firm with founders and peers
Portfolio Management
- Monitor portfolio company performance and token metrics
- Prepare regular portfolio updates and performance reports
- Support portfolio companies with strategic initiatives and research
Research & Thought Leadership
- Refine our view on where there is underpriced value in the market
- Publish blog posts and knowledge nuggets (Medium, Twitter)
- Represent the firm at industry events and conferences
Ideal candidate will have
- Bachelor's degree or higher, flexible on background but preference for finance or technical (CS, engineering, or equivalent)
- Native product knowledge of the on-chain DeFi stack
- Prior investment experience required, ideally at a crypto fund in an investing or trading capacity; operators from product or technical functions at DeFi projects also considered
- Track record of forming theses and acting on them, with demonstrated DeFi investment exposure
- Excellent research and communication skills; data-oriented and able to synthesize findings into recommendations
- Self-starter who works independently