38Capital

Intern / Working Student - Venture Building & Investments (m/f/d)

Munich, Germany (hybrid)
Internship
Other

ThirtyEight is not a traditional VC, not an accelerator, and not a consulting firm.

We are a venture & investment studio that builds and invests in companies from first thesis to real-world profitability.

We identify underestimated markets and emerging opportunities, turn them into clear business models, invest our own capital, and go deep operationally. Our focus is on real businesses with strong unit economics, not hype or pitch-deck theater.

At ThirtyEight, ideas don’t end up in folders — they get built.

Tasks

  • Developing new business theses (bottom-up & top-down)
  • Analyzing markets, problems, and customer segments
  • Defining compelling value propositions
  • Building business cases and unit economics
  • Evaluating existing companies (buy-and-build, carve-outs, new ventures)
  • Preparing and joining calls & meetings with experienced founders, our venture partners, as well as investors & operators
  • Structuring ideas into investment memos, one-pagers, and decision frameworks

Requirements

  • Exceptional analytical thinking
  • Strong interest in entrepreneurship, investing, and business models
  • Ability to break down complex topics clearly and structurally
  • High personal standards - you want to work on things that matter
  • Prior VC experience not required - thinking beats résumé

Benefits

  • Steep learning curve in a short time
  • Direct exposure to serial founders, CEOs & operator, professional investors
  • Responsibility from day one

Deep insight into:

  • market analysis
  • business model design
  • unit economics
  • investment decision-making

Long-term opportunities to grow into:

  • venture builder roles
  • investment roles
  • or co-founder positions in new ventures
Updated: 43 seconds ago
Job ID: 15410040
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  1. Intern / Working Student - Venture Building & Investments (m/f/d)