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SalaryAbout Us
Our mission with the Top Down Fund is to meet the unique needs of early-stage SaaS founders who develop innovative and compelling products for the MSP market. By leveraging our tried-and-tested MSP SaaS playbook, we aim to establish a reliable and predictable model for value creation. This approach, combined with a strategic focus on exit strategies and viable off-ramps, is designed to maximize success for all stakeholders involved.
Our team directly addresses the challenges often faced by generalist VCs: securing access to premium MSP SaaS assets for robust deal flow and ensuring a perfect fit for successful outcomes. Moreover, leveraging our MSP industry network for exit planning, connecting ventures with qualified strategic and private equity buyers who are in search of mature 'Rule of 40' targets that promise predictable integration outcomes.
Our Values
We have built a culture based on three main principles in order to ensure we have an exciting, fun, and success-focused workplace:
- Autonomy - We understand the greatest driver of productivity is pride in ownership of your work. So, you are empowered to innovate and work autonomously, with no micromanaging or hand-holding.
- Performance - We are focused on the quality of work and results produced rather than the number of hours logged.
- Passion - We are a team united by a common path to purpose, a team that works hard together and celebrates all of the successes along the way.
Responsibilities.
- Conduct thorough analysis of investment opportunities, sourcing potential prospects, and researching competitors to assess investment thesis, identifying key merits and risks
- Assess target companies’ historical and projected financial information, strategic positioning and value proposition, industry dynamics, regulatory environment and other pertinent factors
- Perform due diligence on potential investments and actively engage in ongoing oversight of successful investments.
- Prepare, support and recommend equity valuation for target companies:
- Determine and substantiate key valuation assumptions and conduct sensitivity analyses on main value drivers
- Form a view on an appropriate expected return, commensurate with the level of risk embedded in the underwritten business plan
- Research relevant public information and use key findings to benchmark valuation
- Participate in or lead key due diligence activities conducted on target companies, including coordination and review of the work performed by third-party advisors (commercial, legal, financing, accounting, tax, etc)
- Participate in the preparation of investment memorandums and presentation of recommendations to the investment committees
- Support the Fund operations, including investor relations, ongoing portfolio company support, prospecting, data management, and marketing
Qualifications.
- Bachelor's Degree in Business, Finance, Economics, or related field.
- Experience in a similar role, ideally at a venture capital firm, investment banking, private equity or startup
- Proven proficiency in conducting comprehensive market research and competitor analysis to evaluate investment opportunities and grasp market dynamics effectively.
- Strong aptitude in financial analysis and modeling, including the ability to assess historical and projected financial data and understand key valuation methodologies.
- Excellent verbal and written communication skills, with the ability to convey complex concepts clearly and concisely.
- Demonstrated comfort with ambiguity and ability to thrive in a dynamic, high-risk environment.
- Outstanding organizational abilities with meticulous attention to detail, ensuring thoroughness in due diligence processes.
- While not required, prior experience or exposure to the Managed Service Provider (MSP) industry would be considered a bonus.
- A passion for innovation, entrepreneurship, and driving success in early-stage ventures.
Perks, Perks, Perks.
- Working with the Top Down Campus, a collaborative work environment with cross-functional teams, amongst multiple, rapid-growth SaaS companies at varying stages of growth
- Mentorship from industry veterans with a 100% track record of industry success in funding and scaling software companies creates endless career opportunities
- Training and professional development budget provided to help advance your career and skills (available every year to every employee)
- World-class offices and facilities in downtown Vancouver’s most exclusive business neighborhood with beautiful ocean/mountain views
- Fully stocked bar, organic local coffee, snacks, food, and a world-class gym
- Brand new, top-of-the-line height-adjustable desks, workstations, hardware, and equipment provide a comfortable working environment
- Top notch extended medical benefits package, including 100% medical and dental coverage & it is 100% employer paid
Join The Team
We invite all qualified candidates to apply. Please note, you must be eligible to work in the country to be considered for this role and priority will be given to local applicants. We thank everyone for their interest, however, only successful applicants will be contacted.
Please no recruiters or phone calls.
