Silicon Valley Hospitality-Tech VC Firm Lands Experienced Analyst at Less Than a Fourth of US Costs

Client Profile

A hospitality-focused venture capital firm headquartered in Silicon Valley, California. Its primary focus is on companies driving transformation in the hospitality sector with disruptive technologies like AI/ML, IoT, and Blockchain.

Challenge

The client was looking for a VC analyst to oversee deal sourcing while supporting due diligence, portfolio management, and market analysis. The challenge was to hire someone with the right mix of capabilities at a reasonable price.

Solution

Hey Recruiting specializes in sourcing offshore VC talent. It leveraged its extensive network of credentialed VC professionals to find a candidate perfect for the client’s needs.

To that end, Hey Recruiting narrowed down to a candidate with:

3 years of experience working at a VC fund with $750 mn in AUM.
Well-rounded individual with experience in modelling, LP reporting, and portfolio management
CFA level 3 and tier 1 university

Results

The client hired our candidate after extensive interviewing at an annual salary of $30,000. By offshoring instead of hiring locally, it saved around $70,000 in annual salary and payroll costs.