Internship Opportunity

Finance

Venture Capital

Deal Sourcing & Startup Analysis with Mangusta Capital

Act like a VC Associate and identify high-potential Vertical AI startups. Get hands-on experience sourcing deals, analyzing markets, and writing compelling investment memos.

8 weeks

Live Sessions Start

April 20, 2026

Start Onboarding Today

This Venture Capital Externship provides a comprehensive introduction to the VC investment process, from sourcing startups to making informed investment decisions.

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Participants will learn to:

- Identify high-potential startups,

- Conduct thorough due diligence, and

- Synthesize findings using AI tools like ChatGPT, Claude, and Perplexity.ai.

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Through hands-on experience in crafting investment memos and synergy reports, they will develop essential skills in analyzing data and presenting clear, actionable insights—mirroring top VC professionals.

Project Output

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Create a professional slide deck and present your investment thesis to Mangusta's Partners:

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Source early stage startups you want to pitch: Search for and identify early-stage startups through diverse discovery methods to uncover under-the-radar companies for further evaluation.
Conduct comprehensive due diligence: Gather and analyze company data, including fundraising history, team composition, press coverage, and financial metrics, to build reports for investment assessment.
Generate and refine a targeted list of key competitors: Conduct an in-depth analysis of competitive positioning and differentiation to evaluate a startup’s potential within its market.
Analyze B2C traction data: Interpret key metrics such as user engagement and app downloads. Leverage and develop AI-driven strategies to help synthesize customer sentiment data to identify product strengths and areas for improvement.
Complete comprehensive startup analysis on core areas: This includes Market Opportunity, Technology & Core IP, Competitive Landscape, Go-to-Market Strategy, Team Assessment, and Risk Analysis, translating due diligence findings into actionable insights.
Produce a strategic synergy report: This report should align the startup’s potential with the VC fund’s objectives, articulating collaborative value and strategic fit.
Design and deliver a concise 3-slide investment memo: Deliver a polished, data-driven presentation in Google Slides to communicate key findings to potential investors as you would if you were a VC associate on the team.

Get Started with Onboarding Today Before Live Sessions Begin

Start Project Today

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What past Externs have to say

Erik Schalk

Beats by Dre Extern

"Extern played a crucial role in bridging the gap between my formal business education & real-world application. The opportunity to present actionable recommendations to the Head of Customer Insights at Beats by Dre was invaluable, propelling my leadership journey and paving the way for my current role at Rolls-Royce.”

Now a Project Lead
at Rolls-Royce

Tori Nguyen

AT&T Extern

“I credit the Externship as the sole reason I was hired to intern at AT&T. I had never heard of the AT&T internship program and would never have applied to it if I hadn’t gone through the Externship. It allowed me to develop my skills, showcase my work and ultimately stand out so I was awarded the opportunity to interview the CEO of AT&T!”

Became an intern
at AT&T

Richard Wilson

Meta Extern

"The Externship is a great way to introduce students to what it is like to work on a project. I became a lot more data-focused and analytical in my approach. As an industrial engineering major, people questioned how the externship was related to my studies. My journey has shown me that you don’t have to be limited by your major."

Now a Technical
Program Manager at Meta

Maisa Mirza

HP Tech Ventures Externship

“During my venture capital externship, I learned how to use industry-standard metrics and tools like SQL and Tableau to determine startup success potential.This opportunity helped me stand out as a candidate and opened new doors for me - including offers from EY and Accenture."

Now an Analyst
at Accenture

Garrett Boyce

HP Tech Ventures Externship

“If I hadn’t done a VC externship during term time, I know I’d be spending hours watching YouTube videos just to understand which careers I might enjoy! I don’t think I fully understood the value of an externship till I actually did one and now I want to argue that externships should be a part of the college experience for every student.”

Now an Analyst at Boston Consulting Group

Diego Juarez

Crafted Capital Externship

“My Externship really changed my career trajectory. As students, we often chase after Fortune 500 work experiences, but the intimate experience of getting to work with a startup can actually really help you learn a lot and level up what you can bring to the table. My cohort even had the opportunity to speak with the founder of Crafted Capital and learn from his firsthand experience.”

Now a CLDP Analyst at
JP Morgan Chase & Co

Skills You'll Gain

Fundraising Strategy

Fund Analysis & Portfolio Strategy

Investor Research

Market & Thematic Analysis

LP Sourcing & Profiling

Positioning & Messaging

Presentation & Executive Communication Skills

Your Schedule

8 weeks

Project 1

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Understanding Mangusta’s Investment Thesis (Week 1)

Project 2

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Exploring Funds Similar to Mangusta (Week 2–3)

Project 3

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Identifying and Profiling High-Potential LPs (Week 4–5)

Project 4

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Crafting Personalized LP Outreach Messaging (Week 6)

Project 5

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Drafting the Final Presentation (Week 7)

About Mangusta Capital

Mangusta Capital is a venture capital and growth equity firm with origins in Italy, founded by SoftBank Vision Fund’s founder and backed by the family behind Ray-Ban/Oakley. The mission is to shape the world for future generations by supporting technology innovations that move humanity forward.

They invest in audacious founders building mission-critical capabilities across AI and software. As they reach the tipping point in the advent of AGI, we see the inevitability of unlocking massive productivity gains in complex workflows across all industries.

They invest in the next generation of great consumer brands and technologies enabling delightful consumer experiences. In the past, consumers trusted brands; today, consumers trust influencers. Mangusta searches for the trendsetters changing the way we eat, play, and live.

The Home Depot is not accepting or considering any applications for this Externship through other channels.

Meet Your Host

Kevin Jiang

Co-Founder and CEO, Mangusta Capital

Kevin Jiang is the Co-Founder and Managing Partner of Mangusta Capital, a global venture firm backing AI-native platforms tailored to sector-specific workflows. Mangusta partners with founders building industry-defining technologies that drive real-world transformation across manufacturing, logistics, healthcare, legal, and other complex verticals.