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Managing Director, Techstars WaterTech & Sustainability, Tuscaloosa, Alabama



Tuscaloosa, AL, USA
Posted on Tuesday, January 16, 2024

Location: Tuscaloosa

Managing Director,

Comp: $165,000 - $170,000 + 15% Bonus + Benefits.

Job Summary

The Managing Director (MD) is responsible for the success of the accelerator program and serves as a catalyst for the founders’ success in the program. The MD serves as a coach, connector, and curator for the founder population, as well as a thought leader and brand ambassador in the external global market.

Responsibilities and Duties

  • Define the strategic direction and investment thesis for the program
  • Responsible for making initial investment decisions, able to identify and choose competent and motivated founders and winning teams.
  • Support founders by deeply understanding their business and advise on the same. Identify, analyze, and problem-solve issues or barriers. Help close gaps by connecting founders with relevant mentors and partners and providing coaching and advice.
  • Serve as a thought leader and Techstars brand ambassador in the external community. Bring / translate external knowledge of market insights and future trends to benefit the enterprise.
  • Lead and manage the program team and corporate partners, when applicable, to create a holistic strategy and delivery plan, and own overall responsibility for the successful execution and outcomes of the program.
  • Partner with internal Techstars’ teams to create and drive the pipeline and recruitment of new companies across the entire Techstars network.
  • Curate a strong network of mentors, corporate partners, sponsors, and investors to connect founders to.
  • Lead across the broader techstars ecosystem to enable others and drive growth. Mentor & coach new MDs, assist other programs, work on strategic initiatives / projects, and develop meaningful and beneficial relationships across the Techstars organization.

Qualifications and Skills

Required Experience / Knowledge + Skills

  • Experience leading or operating in product/product development, revenue or growth functions.
  • Demonstrated experience building a business and/or function within an existing business.
  • Lives in Tuscaloosa or happy to travel during program.
  • Threshold level knowledge/understanding of venture capital/investing. Fundraising or investor experience is important.
  • Scaled organizations from 0-1 and 1-10.
  • Relevant subject matter expertise for WaterTech & sustainability
  • Extensive experience in fast-paced environments within technology, startups, entrepreneurship, and venture capital.
  • Robust personal network and ability to represent Techstars publicly through speaking engagements and professional events.
  • Analytical mindset and financial acumen.

Core Required Attributes (Abilities, Values, Leadership Qualities)

  • Empathy and EQ. Able to put themselves in others’/founders’ shoes to understand their perspective, listens well.
  • Strong bias for action, has hustle,drive with strong execution.
  • Thinks and acts like an owner.
  • Growth/learner mindset. Self-reflective, self-aware, open-minded to alternate ideas and perspectives, seeks to improve.
  • Can influence effectively in all directions and collaborate well with others.
  • Able to inspire, develop, and engage people and teams. Developer of leaders, can attract high quality talent, talent multiplier, builds high performing teams and organizations.
  • Shaper of change to positively impact enterprise outcomes.

Preferred Experience

  • Founder experience, preferably been through failure and successful startups.
  • Relevant subject matter expertise for WaterTech & sustainability
  • Fundraising experience.
  • Strong investor mental model and demonstrative results of your investment decisions, good and bad.
  • Expertise in term sheets, negotiations and fundraising.