If you are a passionate Full Stack Developer with expertise in Elixir, Phoenix and LiveView, and you’re excited about revolutionizing the investment industry by crafting solutions for operational challenges and turning best practices into scalable, valuable products, Allocator One could be the perfect destination for your skills.

Come join our team where you’ll play a crucial role in automating fund management and regulatory tasks, offering a transformative approach to the future of venture capital funds. You’ll be working on all aspects of the application, from coding up user interfaces and components to building new endpoints or integrations. Our team has a good sense of humor and enjoys having fun. If you want to be part of this journey, keep reading!

We’re on the lookout for individuals who’ve mastered either Elixir or React.js at a senior level, with at least a junior-level grasp of the other technology. If you’re a senior pro in Ruby or Python and have a thirst for diving into Elixir, we’re all ears and highly encourage you to apply.

As a member of our core team, you will work very closely with our founders, key stakeholders, and other experts. You will have the opportunity to learn from and contribute to the team’s collective knowledge and expertise, and to participate in all aspects of the Allocator One value chain. The role will report into a Founding Partner.

Note: Allocator One is headquartered in Vienna, Austria. We offer the flexibility for this job to be performed remotely.

Allocator One

At Allocator One, we operate a distinctive fund model designed to invest in the most promising first-time fund managers worldwide while optimizing fees. With an eye on the highly favorable prospects for the 2023/2024 fund vintages, our team has accelerated its efforts to seize this unique opportunity. We pride ourselves on being the anchor investor of choice for exceptional first-time fund managers, offering them unparalleled access, expertise, and operational support.

Our focus on first-time fund managers

Allocator One’s focus on first-time fund managers is driven by a simple yet compelling fact: historically, top-performing funds with assets under $50 million, led by emerging managers, have delivered returns that are more than 3 times higher over a 10-year horizon compared to their peers of larger fund sizes. Furthermore, the fund vintages of 2023/2024 in our pipeline are poised to enjoy an additional boost in returns. Venture capital funds that originate during economic recessions have consistently achieved returns that are 15%-30% higher compared to those raised in the preceding years, across various performance percentiles.

Optimizing fees and building Partnerships

We believe in optimizing fees while nurturing partnerships with first-time fund managers from the very beginning. Our aim is to enhance investment terms by actively contributing to the success of these funds. Allocator One has already established itself as a global brand in the realm of emerging managers, thanks to our extensive international investor network. In just two months since our launch, we’ve received over 300 applications, a testament to our commitment to supporting emerging talent. Our team goes beyond traditional investing; we offer to act as “co-builders,” incorporating emerging managers into our unique Allocator One program, often likened to a “Y Combinator for Capital Allocators.” We provide vital support in areas such as regulation, administration, and structure.

Our founding partners:

Our founders bring a wealth of experience and expertise to Allocator One:

• Felix Staeritz: As the builder of category-leading corporate venture builder FoundersLane, Felix has an impressive track record of founding and exiting successful ventures. He is an active VC/PE investor and serves on the boards and advisory boards of esteemed organizations like the World Economic Forum (WEF), Fraunhofer, and various public and private companies.
• Michael Ströck: Michael is a seasoned open source developer and entrepreneur with multiple successful exits to his name. He is an alumnus of Y Combinator and has transitioned from a CTO role to a successful investor. Michael has played a pivotal role in establishing three VC funds and is part of a family business now in its third generation.

Tasks

General responsibilities:

• Implement new features on our web application
• Solve complex programming challenges using functional programming languages (Elixir, in our case)
• Develop new user-facing features using Elixir, Phoenix and LiveView
• Build reusable components and front-end libraries for future use as specified by the UX team
• Translate designs and wireframes into high-quality code integrated with the backend
• Optimize components for maximum performance across a vast array of web-capable devices and browsers
• Collaborate with the development team to develop a strategy that enables a great user experience
• Continuously research new and best coding practices
• Perform regular code reviews/PR reviews for your colleagues
• Maintain existing code and fix bugs
• Write unit, integration, and E2E tests

Requirements

Your skills and qualifications:

• 5+ years of real-world experience in software development
• Strong understanding of Elixir, Phoenix and LivewView in a production environment
• Strong understanding of Elixir and LiveView
• Excellent problem-solving skills and attention to detail
• Good understanding of modern front-end build pipelines and tools
• Experience with common front-end development tools such as Babel, Webpack, NPM, etc.
• Ability to understand business requirements and translate them into technical requirements
• Strong experience with HTML, CSS (we use Tailwind CSS ), and JavaScript
• A strong desire to build beautiful end-user experiences that exceed expectation

Benefits

• Competitive base salary
• Potential for bonuses and equity
• “No assholes allowed” company culture
• Learn from and grow with experienced colleagues who are eager to share their knowledge

Hiring process:

Initial screen: This initial screen via video-call with a member of our team will be an opportunity for you to discuss your background and experience, and to ensure that you meet the minimum qualifications for the role and the job aligns with your expectations.

Interview with founding partners: If you are a strong candidate, you will be invited to participate in an interview with our founding partners. This will be an opportunity for you to learn more about the company’s strategy and culture, and for the partners to get to know you better.

Case study and/or technical assessment during an work trial day: To get to know each other even better, we invite you to a work trial day, remotely. To assess your skills and knowledge, we may ask you to complete a case study or technical assessment.

After the final round interview, the team will review all of the candidates and make a decision on who to offer the position to. The hiring process can take several weeks, so please be patient as we review all of the applications and make a decision. If you are not selected for the role, we will notify you as soon as possible.

Sounds interesting? Then we look forward to receiving your application.