Investments
Withco, Inc - new york city, NY
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"Men and Women Wanted: For hazardous journey. Small wages, bitter cold, long months of complete darkness, constant danger, safe return doubtful. Honour and recognition in case of success." - Edward Shackleton, explorer of the Antarctic Why be with company ? We all know what a great neighborhood feels like. The sad reality is that every day, our neighborhoods are losing their character, authenticity, and sense of community. From Main Streets to Manhattan, our beloved local businesses are being pushed out at unprecedented rates, replaced with corporate brands or empty storefronts. America is losing its small business backbone - its diversity, energy, and competitive edge. All while there is a generational opportunity in commercial real estate directly ahead of us. We've been quietly and deliberately building withco to empower millions of small businesses to seize their opportunity to become their own landlords. And if we're successful, we'll have created not only the most financially impactful company of its time, but also neighborhoods that we're proud to live in. Join our mission to make it exciting to be a small business owner in America. We've raised $30M+ from the world's best investors, including Founders Fund, Canaan, NFX, BoxGroup, and angels like Ken Chenault, Danny Meyer, Venus Williams, Kevin Durant, and more. How you'll help us succeed: As a member of our Investments team, you'll help drive forward and inform our end-to-end real estate strategy: from shaping strategy, to underwriting individual transactions, to conducting our due diligence and closing processes, to partnering with our customers, to building tools and models that scale our ability to get deals done. You'll do it all! This role matches the breadth and real world impact of real estate investing with the agency and responsibility of a startup, all the while breaking ground on a fundamentally new model of real estate ownership. We're looking for an investor-operator who can not only use their judgment to make sound investment decisions, but also leverage their experience to scale our impact to thousands of deals and thousands of small businesses served. What you'll do: Partner with Product, Engineering, & Data teams to design and build underwriting and execution tools that scale our impact and ability to get deals done. Help design and shape our investment thesis, then underwrite and execute live transactions, including due diligence, investment committee review, and closing. Continuously advocate for more speed and efficiency while maintaining high quality and accountability to our customers. Develop our onboarding and Asset Management processes to allow seamless transition from deal to customer, setting the stage for meaningful and fruitful relationships with our customers. What makes you a great fit: You have excelled in high-performing institutional real estate investing or investment banking roles with a focus on commercial, retail, hospitality, office, and/or industrial. You have spent at least 5+ years investing across the full lifecycle of real estate deals, ideally across the capital stack. You have laser focus and attention to detail. You have experience building valuation models from scratch and diligencing and closing transactions. You can quickly analyze and judge valuation models, tenant financials, legal contracts, and due diligence reports. You have a genuine fascination with and desire to fundamentally modernize the real estate industry using operational excellence, systems, thinking, and technology. Helping small businesses with potentially the most important transaction of their life feels like a calling. Our Culture While small business is for everyone, withco's culture is not for everyone. In fact, it's for a very, very, very select group - an unusual, stunning minority who are audacious enough to achieve the impossible. What makes our culture so special is how much we: Expect team members to raise the bar Push on pace, while running the distance Obsess over our craft Challenge norms with courage and curiosity Share information broadly, deliberately, and directly Our values are inspired by our customers. If these values describe you, and the people you want to work with, you're likely to thrive here. Relentlessness Obsession Curiosity Macro-Optimism Clarity Accountability Selflessness Our Benefits We're building withco to create generational wealth not only for our small business customers, but also our team members. We endeavor to make it the most meaningful career experience of your life with brilliant colleagues. In addition, we offer: Top decile all-in compensation for our stage Eligibility for carried interest in our real estate vehicles 100% company-paid medical, dental, and vision insurance A beautiful office in SoHo Unlimited PTO and WFH Paid parental leave 401(k), FSA/HSA, and commuter benefits Weekly team lunch and regular team events, always from/at a small business We're proud to be an equal opportunity employer. We care about building a uniquely diverse, energetic, inclusive, and service-oriented team - one that understands, cares about, and represents the different small business communities we aim to serve.
Created: 2024-11-05