Venture Architect Intern (Summer 2019)

| Greater LA Area
We’re BCG Digital Ventures. Welcome.
 
We are a growing global team of the world’s most remarkable entrepreneurs, designers, engineers, venture architects, product experts and investors. We look for creativity, craftsmanship, and the ability to solve difficult problems. Our passion is building products and services for new companies that change people’s lives. Together, we are helping our partners own the next horizon of innovation and create magic.
 
The Role: Venture Architect.
Our venture architects are a group of world-class business leaders, corporate strategists, product specialists and designers. They determine how our ventures will grow and disrupt industries, and they develop operative blueprints by designing the marketing, pricing and operational structures needed to commercialize new products and businesses. During your internship,you’ll work with and be mentored by other Venture Architects, and you’ll take responsibility for specific components of a venture. As a team member, you’ll gain a 360-degree perspective on life at BCG DV – from working on ventures and participating in product stand-ups to socializing with colleagues.
 
How you think - You balance problem-solving and creative-ideation techniques to surface innovative and disruptive ideas. Though you're a leader and teammate first, you act like an owner and founder, bringing an entrepreneurial mindset and energy to the work of launching and pivoting products and businesses. When it comes to partnerships, you thrive on negotiation and analysis.
How you work - Defining operating models and the scale and structure of ventures motivates every decision you make. You identify business model options for startup ventures and define their commercial launch and go-to-market strategies. You manage all of the deals that build your business and constantly assess the competitive landscape from a product design, business model and marketing perspective.
Program Overview.
We are looking for students currently pursuing an MBA. The 10-week internship program will allow interns to gain valuable experience to work on one of our current Ventures.

As a Venture Architect Intern, you will need:

  • Currently pursuing a full-time MBA from an accredited university
  • Experience in a high-pressure start-up environment with exposure to multidisciplinary teams (preferred) and/or experience with a top-tier consulting firm, technology firm or VC fund.
  • Resume and Cover Letter
  • Abilities planning, prioritizing and organizing work effectively and efficiently within a team
  • Creative problem solving skills
  • 1+ years experience with strategy development, business planning and go-to-market strategy definition and execution, as well as quantitative and financial modeling

As a Venture Architect intern, you will use your skills to:

  • Explore and analyze markets and trends in the industry
  • Perform competitive analysis and identify current best practices and market leaders
  • Size the existing customer market, as well as identify trends and relative positioning
  • Analyze start-up deal flow to understand imminent disruptions and identify tech acceleration opportunities
  • Establish key performance indicators for venture outcomes while also defining the business model and case for new ventures, products and services
  • Define the business model options and case for new ventures, products and services
  • Develop the economic model and business plan for new ventures, products and services
  • Test and validate assumptions while creating a sensitivity analysis for key drivers
  • Assess internal capabilities and capacities to develop a sourcing strategy
  • Create the framing report (an overview and explanation of the project scope, objective and hypothesis) for new initiatives
  • Collaborate with the Strategic Design and Product Development leads, as well as clients, to define a minimum viable business build (or product / service)
  • Define venture structure and help stand up new companies
  • Create go-to-market strategies and help execute on them through collaboration with DV and corporate partner growth teams

Additional Valued Capabilities Include:

  • Design or product development expertise including prototyping and testing
  • Exposure to Venture Capital
  • Demonstrated leadership across all stages of the BCG Digital Ventures business model, including innovation, product development, incubation and commercialization 

To learn more, visit us at BCGDV.com.
 
Interested applicants may apply through the careers section of the website at https://www.bcgdv.com/.
Application Deadline for 2018 is December 7th.
Interviews will take place after resumes have been screened for minimum requirements. Please note that this position is not restricted solely to the responsibilities listed above and that the job scope and responsibilities are subject to change.
 
BCG Digital Ventures is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected under federal, state or local law.

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Location

We sit at the center of the El Segundo/Manhattan Beach tech community, walking distance to dozens of eateries and less than 2 miles from the beach.

An Insider's view of BCG Digital Ventures

What’s the vibe like in the office?

The Center is an interesting mix of east-coast grit and west-coast chill. There’s always something new to explore and learn, as most DVers have a wealth of business and life experience. Lunches (and occasional late night dinners) are eaten family style and the people are supportive, which helps us all keep calm during high-stress situations.

Lydia

Strategic Designer

What does your typical day look like?

One week I am flying to a far flung city to understand big customer and market frictions, the next week we are ideating on how we solve these challenges. By far, some of the most interesting and fast paced work I have ever been part of.

Louis

Senior Venture Architect

How has your career grown since starting at the company?

I came to DV from an event background and was hesitant to take a job as an Executive Assistant – I had never been an assistant before and didn't know the ropes. Over time, I was encouraged by my line manager and others to take on new challenges and my responsibilities grew to managing all center events, furthering the DV vision alongside Joe Takai.

Lisa

Center Project Associate

How do you make yourself accessible to the rest of the team?

I maintain multiple (8+) mentor relationships across functional groups and at all levels of seniority. This enables me to have 1 on 1 conversations biweekly or monthly where I can listen to questions, concerns, and aspirations, and also share my vision or objectives.

Hans

Partner

How does the company support your career growth?

Long-term career success is determinant on you making a name for yourself-- not only at DV on the project you're on, but longer term in the industry. I always try to find ways for my team to develop their personal brands and show them off as experts. Our employees' personal growth, visibility and brand is just as important as our ventures.

Tony

Product Director

What are BCG Digital Ventures Perks + Benefits

BCG Digital Ventures Benefits Overview

Employee well-being = Priority #1

Nothing matters more to us than the success and well-being of our employees. That is why we pair our comprehensive and competitive benefit options with a broad range of localized incentives and advantages that come with life at DV.

We’re focused on creating tools and resources that will help you live a healthy and balanced life, and our generous regional benefits encourage you to spend time with the people and hobbies that inspire you the most.

We want you to plan your life’s journey with us and engage in creative learning opportunities at global scale. Venture with us today, and you’ll enjoy all of the benefits DV has to offer.

Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
In addition to a traditional 401(K) offering, BCG Digital Ventures offers a Profit Sharing Retirement Fund, which contributes an additional 7% of your base salary to a retirement fund on your behalf.
Performance Bonus
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Sabbatical
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Happy Hours
Parking
Recreational Clubs
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
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