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Rare VC Internship Opportunity for the Right Student(s)
Location:
Salt Lake City, UtahIndustry:
Finance/Banking - Venture CapitalJob Function:
Finance, Human Resources, Marketing, Product Management, Project Management, Supply Chain Management/LogisticsDescription
Internship:
Looking for 8-12 interns to work with successful start-up companies in Utah.Project Description:
vSpring Capital, the most recognized venture capital firm in Mountain West Region, is now accepting applications for summer internships. Several of vSpring's portfolio companies have expressed interest in adding a summer intern to their start-up team. Interns have previously worked on projects such as implementing software platforms, establishing financial controls, creating strategic road-maps, researching competitive landscapes, and leading entire marketing strategies.Job Description:
We are looking for 8-12 MBA or undergraduate business students to serve as full-time interns. Interns are placed in vSpring portfolio companies to provide the company a means of accomplishing projects that might be difficult given the company's limited resources. Therefore, intern assignments represent significant value-add projects and tasks that help the portfolio companies to secure their competitive advantage. Intern assignments are strategic in nature, and may involve market research and quantification, competitor analysis, marketing, product and project management, R&D, or finance. Only after individual job descriptions are developed are candidates screened and interviewed. These descriptions are then matched to the intern possessing the best combination of skills and background. Interns achieve the highest levels of quality and performance in their internships, and produce deliverables that are consistent with vSpring's recognized standard of excellence.Benefits and Opportunities:
Work with premier and highly-active venture capital firm and gain invaluable experience with a successful start-up organization. Establish a network of business professionals that can assist in career development. Specifically looking for those interested in Finance, Marketing, and Operations. The portfolio companies of vSpring are in the technology & life sciences fields.HOW TO APPLY:
Send resume and cover letter to [Update] Adam Chavez at adam@vspring.com (Mobile: 801-687-1401)Utah Valley Entrepreneurial Forum was great - Dennis Wood from vSpring came
The Utah Valley Entrepreneurial Forum was excellent, as usual. Dennis Wood from vSpring spoke about the process of hiring the right people at the right times in a startup's life. It confirmed some of the things I already knew (in a tech startup, at the beginning all you need is a couple of awesome technical founders and a visionary CEO who's not afraid to go out and make connections, sales, etc.)
Dennis Wood's story is pretty cool. He moved out from CA to SLC to work on an executive search firm startup with his friend. After landing a few major deals (a Coca-Cola executive and a few other big companies' executives), he started to get more attention in the press, etc. He knew some people from the venture capital firm, vSpring, and after hearing them talk over and over again about how important human capital is (ie solid management), he called them up and said, "If you think human capital is so important, why don't you have somebody in the firm who's sole role is to hire management for the companies in your portfolio?" They liked his pitch, and hired him. The rest is history - he's a really nice guy.
He and I sat at lunch together at the UVEF before he gave the keynote address. Before the meeting started, we all go around the room and talk about why we're there and what we're working on. When time came for me to stand up, I said, "I'm with the CEO club at BYU and I'm spearheading an effort to reach out to software entrepreneurs and connect them with the resources/tools/contacts they need to start and build great companies." After the meeting ended, several people came up to me to express their interest in what I was doing.
Business cards from investors and entrepreneurs flooded my wallet. I think I've hit a nerve - and it's really exciting. Today I went out to give my first announcement to a CS class (looking for software entrepreneurs). 5 people responded! In just my first announcement! If I can get the info for 5 software entrepreneurs or future-entrepreneurs every time I make an in-class announcement, we can find some great talent on campus, and help them build some awesome companies. Facebook came out of Harvard, Google out of Stanford. Some awesome software/tech/web companies have come out of BYU also - Omniture for example. I'd like to see the next big thing come out of BYU, and I know the ideas and the people are here. I just have to look hard enough, and I'll find them.

