2025 Venture Capital Consumer Sourcing MBA Intern
WHO WE ARE:
Anthos is a generalist venture capital firm with over $3B of assets under management. Venture capital is what fuels new and innovative businesses, and – since our founding in 2007 – we’ve had the privilege of investing in and working with the founders of Guayaki, Gopuff, Olaplex, Trunk Club, ApplyBoard, VRChat, and dozens of other category-leading start-ups to build their businesses. We purposely maintain a low profile, in keeping with our general ethos of humility and heads-down work ethic. The background of our diverse team possesses a good balance across finance – Goldman Sachs, Luxor, Ares, Summit – and consumer tech – Google, Facebook, Instagram, Snap, Apple, Venmo, and more.
Interns have long been a core talent pipeline for us, with many converting to full-time roles and advancing over time. While our program is highly selective, we welcome people from all walks of life, majors, schools, and passions to apply – and have found that our most successful interns share several common traits: grit and focus, extreme curiosity, diligence, relentlessness, humility, and prescience. If that describes you, we encourage you to apply!
Interns working with the consumer team will identify top investment opportunities across a broad range of sub-categories, including mobile apps/consumer internet, consumer beverages, beauty and wellness, and retail. Some of our consumer investments include; gopuff, Olaplex, VRChat, Honey, Guayaki and Augustinus Bader.
ABOUT THE INTERNSHIP:
For over 10 years, Anthos has invited summer interns to join our team for a highly collaborative, well-supported, and fun experience. Below are the details for our 2024 summer program:
- For current MBA students
- 10 weeks, from June 9 to August 15
- $1500 sign-on bonus, and $2250 per week
- Paired with an experienced investor
- Office location in Santa Monica, CA
- Highly selective full-time analyst offers made at the conclusion of the program
- 1 full week of foundational training to get you and the other interns up-to-speed on VC and what an Anthos deal looks like
- A cohort of 4-6 other summer interns to work with and learn from
- Several social events to get to know the full Anthos team
- Open to those who are legally able to work in the U.S.
By the end of the summer, you will have made new friends and learned about what it means to be a Consumer Sourcing Associate at Anthos.
YOUR ROLE:
Every successful venture-backed deal started at the same point: being discovered. That’s the role of our Sourcing team. They are at the front lines of learning about and exploring new, promising companies that will change our future. As a Consumer Sourcing intern, you will play an important role in supporting the broader team in identifying and pitching new ideas internally.
- Discover exciting investment opportunities.
- Applying a thematic approach, research companies, explore emerging trends, and chase prospects using tools like Pitchbook, Sourcescrub, and Harmonic.
- Efficiently track and manage your pipeline of companies in our customer relationship tool (CRM), Affinity.
- Connect with founders.
- Collaborate with seasoned Investors to leverage the extensive and deep Anthos network, as well as your own personal connections to secure introductions to founders and CEOs.
- Provide comprehensive background context on founders and companies to prepare investors for meaningful conversations with industry leaders.
- Build the investment thesis.
- Work with managers to develop the investment thesis and compose the investment memo for Anthos-wide review.
- Evaluate the deal holistically, considering financial aspects, market trends, competitive landscape, founder capabilities, product-market fit, and other relevant perspectives.
- Participate in the weekly exercise of pitching a company you’ve discovered to a group of peers and investors. If your pitch gains traction, you’ll collaborate with Senior Investors to guide the deal through the investment process.
- Support Fact-Gathering, Analysis, and Diligence:
- Work closely with the Research team throughout the diligence process, analyzing user data, reviewing data rooms, and surveying market trends.
- Actively participate in fact-gathering activities, product testing, store visits, customer interviews, and other ways to build a robust fact-base for informed decision-making.
- Ad hoc projects to assist the broader Anthos team.
WHO YOU ARE:
- Currently enrolled in an MBA program at a top university with a strong GPA and work experience. Ideal candidates may have prior experience in consumer within the realms of venture capital/private equity, investment banking, and/or in an operational capacity at a high-growth company.
- Strong financial capabilities. While advanced financial modeling is not a requirement, candidates should be adept at interpreting and analyzing common financial statements, demonstrating a practical understanding of financial metrics.
- Relentlessness and the grit / perseverance to win. This includes self-motivation, drive, and the ability to bounce right back from disappointment. Investing isn’t easy; we review hundreds (thousands?) of companies before finding a needle in the haystack.
- Independent thinking and extreme curiosity. Don’t follow the crowd, use your own intuition and facts to determine what will succeed. We’re not trying to emulate other VCs; we’re carving our own path.
- Immense capacity for learning and ingesting facts and data. Investing means drinking from the firehose always, even as a seasoned professional. Identifying patterns and remembering details will be crucial.
- Diligence and deeply-ingrained work ethic. The type of person who is successful at Anthos is someone who doesn’t need to be asked to help out. They’ve already done it.
- Ability to connect the dots about businesses and what’s happening in the world around you. This is what we mean by business acumen. It’s not something you learn in Econ class; it’s using logic, asking questions, and figuring out what’s going on before others do.
- Collaborative, coachable, and humble. Our unique functional model requires team members to support each other to be successful. We’re all in this together.
Anthos Capital is committed to cultivating a fair, inclusive and equal work environment where every team member is empowered to bring their authentic self to work.