THE ROLE:
Alongside our investment activities, we operate an infrastructure division, where we run validators out of data centers we oversee, and develop protocol-ready hardware solutions (i.e. programmed GPUs, custom RPC services.) That engineering and infrastructure expertise has shaped our investing DNA - and a key pillar of our strategy is identifying next-gen decentralised networks, scaling technology, and the “ground layer” blockchain solutions that will shape the future of the internet.
As our Infrastructure Principal, you will play a significant part in asserting and growing our edge in this area. You will join a tight and collaborative investment team. You will develop an in-depth understanding of the key infrastructure investing verticals and technologies, with an eye to identifying value in the market, and high-growth investment opportunities. You will conduct thorough research and communicate findings in insightful, professional thought leadership. You will continually hone your analytical skills on the job, and create detailed investment memos. You will be expected to develop a network that you can leverage to reach and vet talented operators and founders, and generate deal flow.
KEY RESPONSIBILITIES:
Deal Sourcing
- Drive and own the infrastructure investment strategy across all segments (L1/L2, ZK cryptography, dev tools, data infrastructure) - dive into related technologies and identify investment thesis and / or key areas of focus
- Proactively generate deal flow within the infrastructure vertical
- Build and maintain relationships with founders, investors, and accelerators in the infrastructure space, that you leverage to source quality deals
- Identify emerging infrastructure trends and investment opportunities
Deal Execution
- Lead due diligence processes on prospective infrastructure investments, creating detailed return models and investment memos for prospective investments
- Structure and negotiate investment terms
- Conduct thorough market analysis and build investment theses for various infrastructure segments
- Work with other members of the investment and engineering teams to evaluate technical aspects of infrastructure deals
Research & Thought leadership
- Establish the firm's thought leadership presence in the infrastructure space
- Develop and articulate views on the future of blockchain infrastructure, the (differentiated) roadmaps of major and emerging blockchains, and how value will flow across different infrastructure layers
- Be a reliable source, or our resident “Infra guru”, to colleagues seeking information and explanation on notable infrastructure concepts and developments
- Present at industry conferences and events
- Create insightful and engaging content to position the firm as an authority on infrastructure
- Establish relationships with technical communities and developer ecosystems
Portfolio management
- Provide support to portfolio companies, particularly on technical and strategic matters; develop a mental process for (systematically) digesting their updates and challenges, in order to inform or reinforce our investment views
- Monitor portfolio progress and identify follow-on investment opportunities
- Facilitate connections between portfolio companies and ecosystem players
- Partnering with our growth (platform) team, identify opportunities for collaboration between our portfolio projects and our operating divisions, particularly our infrastructure offering
HOW DO WE PICTURE YOU:
- Bachelor's degree or higher in Computer Science, Engineering, or related field
- 3+ years of experience in crypto infrastructure investment, development, or related technical roles
- Deep technical understanding of blockchain infrastructure including L1/L2 protocols, scaling solutions, developer tooling
- Strong track record of successful infrastructure investments or project development
- Experience evaluating technical architecture, infrastructure design and technical teams
- Strong network within the blockchain infrastructure ecosystem
- Outstanding communication skills with ability to explain complex technical concepts in a digestible and engaging manner