VENTURE PARTNER

VENTURE PARTNER
(Part-time, Independent Contractor Role, Carried Interest/ Equity-based Compensation)

TO APPLY

Please review this entire role description carefully before applying. If you feel our role matches what you are seeking and you are a fit with the candidate we’re seeking, please share more about you at https://cancerfund.com/cf-candidate-profile/

ABOUT US

CANCER FUND (CF) is a community of impact investors dedicated to advancing cancer innovations through our investments. Our mission is to support the development and commercialization of promising cancer therapies, diagnostics, preventions, and other innovations to improve outcomes, increase access to care, and reduce costs for cancer patients worldwide. Learn more at www.cancerfund.com.

ABOUT YOU

We're seeking people like us - PARTNERS (not employees) - who are equally committed to generating impact and a positive return on our investments.

If you are an existing member of the CANCER FUND community who understands who we are, what we do, how, and why, AND if you are excited to contribute your time and talents to support our mission, then we’re interested in learning more about you … especially if one or more of these also describes you:

• You are an experienced early-stage investor or investor in Cancer Fund I, LLC
• You are a founder or early-stage company executive with a successful track record
• You are a professional with experience in pharmaceuticals, medical devices, or software-enabled health or healthcare solutions
• You are a healthcare professional with cancer patient or research experience
• You are none of the above, but you are an outlier with a strong desire to help CANCER FUND and a clear vision, strategy, and plan for how you might do that

ABOUT THE ROLE

As a Venture Partner, you'll contribute an average of 5-20 hours per week working remotely, helping to grow our portfolio and community through the following activities:

Investment Pipeline & Portfolio Development - CANCER FUND invests in cycles built, run, and supported by Venture Partners assembled in small investment teams. Each investment cycle typically spans approximately 3-6 months and is comprised of the following six stages:

Step 1: Scouting and Sourcing New Innovations - As a Venture Partner, you will identify new deal flow for the firm by conducting research, outreach, and attending virtual and in-person events to network with other industry professionals and founders and establishing or nurturing their relationships with CANCER FUND.

Step 2: Pre-Screening - Each investment cycle typically includes 50-150 opportunities relevant to the cycle focus. As part of the investment cycle team, our Venture Partners are responsible for pre-screening and selecting 10-25 opportunities that best fit our impact investment thesis, objectives, and priorities for each cycle. This stage includes coordinating and hosting candidate companies for introductory meetings, presentations, and Q&A sessions with our pre-screening committee members.

Step 3: Screening - Venture Partners support 3-6 pre-screened companies through introductory meetings, pitches, and presentations to our Screening Committee using our ‘Quick-Look’ and ‘Closer-Look’ formats to evaluate quantitative and qualitative data from our Screening Committee members and investment team.

Step 4: Due Diligence Deep-Dives- Venture Partners lead due diligence, draft investment memos, make investment recommendations to our Investment Committee, and gauge syndication and co-investment interest among the CANCER FUND team, community, and network.

Step 5: Investment Support and Portfolio Integration—Each investment cycle aims to make at least one investment. Feedback from the Committees and recommendations from Venture Partners inform our Investment Committee’s final investment decisions. Venture Partners may support the Managing Director in negotiating terms, structuring investments, reviewing agreements, and coordinating closing and funding. Venture Partners are responsible for incorporating investment details into the Fund’s reports and other materials post-investment.

Portfolio Management & Company Support - Venture Partners manage our relationships with portfolio companies, including providing support to the company when appropriate, following their progress, and providing the firm with quarterly and annual reports throughout the life and investment.

Community & Team Development - Collaborate with other CF team members to grow and engage CANCER FUND's community of impact investors and prospective members.

ABOUT YOUR SKILLS

Ideal candidates already have the following skills or are committed to developing them:

Community Development – Advanced networking skills and building and fostering strong relationships based on shared values with existing and prospectiveCANCER FUND community members.

Founder Relationship Development – Ability to engage with innovative entrepreneurs and build relationships based on shared interests and objectives.

Investment Due Diligence – Assess company-provided and other information to evaluate the business proposition. Conduct in-depth analysis to evaluate product, technology, and financial plans.

Early Stage Investing – Evaluating and investing in pre-revenue or first-revenue ventures.

Medical Technology – Understanding preclinical research/study requirements with knowledge of clinical best practices, regulatory and reimbursement pathways, and drug and MedTech development processes. Familiarity with the broad Biotech/Pharma landscape.

Capital Funding Stages and Strategies – Familiarity with early-stage funding practices and requirements, particularly Pre-Seed, Seed, Seed+, and Series A.

Investment Syndication – Structure and lead investment deals with external stakeholders, including identifying and coordinating with angel investor groups, investment funds, and corporate strategic partners.

Portfolio Management – Engage with portfolio company management to support strategic planning, capital raising, and corporate development.

Collaboration—Partner with other CF Venture Partners, Committees, and team members to collaborate and assess potential fund investments on a predetermined schedule.

COMPENSATION

As is customary among venture capital firms, compensation for our Venture Partners is based on carried interest participation tied to the performance of our investment portfolio. Traditional salary, benefits, consulting fees, stipends, or similar are NOT included in our Venture PARTNER compensation.

OUR SELECTION PROCESS

Joining the CANCER FUND team will likely differ from other hiring or engagement processes you’ve experienced; our evaluations may span 6-9 months or longer. We consider past experience, but we’re more interested in your alignment with our mission, understanding of our unique community-driven investment process, and ability to help drive it in the future.

CANCER FUND team members are not required to invest with us. However, they must demonstrate a comprehensive understanding of our unique community-driven investment process, including how companies progress through it and how our community members participate in supporting our investments.

If you fit the Skills, Qualifications, and Compensation requirements above, then the remaining steps in our process look like this:

1 - Learn more about CANCER FUND - Candidates are encouraged to learn more about who we are, what we do, how, and why by visiting www.cancerfund.com. However, the best way to understand our unique community-driven investment process and determine if our Venture Partner role fits with what you seek is to participate in the process as a member of our Screening Committee.

2 - Initiate our evaluation process by sharing more about yourself - If you've carefully read this role description, learned more about CANCER FUND, and still feel there is a match between what we're each seeking, we look forward to learning more about you.

Ready to make an impact on cancer innovation?
Visit https://cancerfund.com/cf-candidate-profile/ to apply and share more about yourself.