Director, HP Tech Ventures

HP
  • Palo Alto, California
    11 days ago

    Job Description

    Director, HP Tech Ventures

    Description -

    Job SummaryThe Director, HP Tech Ventures, is an experienced investment professional responsible for sourcing, evaluating, executing, and managing strategic investments in high-growth startups aligned with HP’s strategic priority areas. This role sits at the intersection of venture capital, corporate strategy, and business development. The Director combines strong investment judgment, transaction execution capabilities, and the ability to navigate a complex global enterprise to maximize the financial and strategic value of HP’s venture portfolio. The Director manages 4 – 6+ active investments, including board / board observer responsibilities, portfolio reviews, follow-on investment recommendations, and strategic value creation including commercial partnerships. Success in the role requires building trusted relationships with founders, VCs and other ecosystem partners and collaborating effectively across HP’s business units and corporate functions.  Responsibilities

    Investment & Deal Execution

    • Source and evaluate Seed to Series B startups aligned with HP’s strategic priority areas (e.g., AI, edgecomputing,future of work)

    • Leadthe full investment lifecycle,includingsourcing, diligence,financial analysis,negotiation andclosing

    • Develop investment theses and present recommendations to the investment committee

    • Build andmaintain a robust pipeline of high-quality investment opportunities

    • Position HP to win competitive investment opportunities through differentiated strategic value

    • Managecross-functional diligence with business, finance, technicaland legalexperts 

    PortfolioManagement & Value Creation

    • Manageaportfolio of minority investments, including board observer responsibilitiesand ongoing portfolio governance

    • Evaluate and recommend follow-on investment opportunities

    • Drive strategic value creation through commercial partnerships, potential M&A opportunities and market insights 

    • Present portfolio updatesand follow on investment recommendationsto internal audiences 

    EcosystemDevelopment

    • Build and maintain relationships withfounders,VCs,accelerators,universities,and the broader startup ecosystem

    • RepresentHP Tech Venturesthrough conference speaking engagements,demo days,andother industry eventsandthought leadership

    Strategic Insight

    • Generate insights on emerging technologies, market trends, and competitive dynamics

    • Support HP’s corporate strategy and business unit roadmaps

    • Contribute to build vs. partner vs. acquire analyses and recommendations

    Internal Collaboration & Stakeholder Engagement

    • Route startup leadsasappropriatefor partner or M&A consideration 

    • Build relationshipsacross all levels and many functional areas inHP 

    • Support team development and knowledge sharing

    Education & Experience Recommended

    • Bachelor’s degree required,; MBA preferred

    • 8–12 years of experience in venture capitaland/orcorporateventuring.Technology background/experience preferred.

    • Demonstrated track record ofleading ventureinvestmentsfrom start to finish 

    • Experience managing a portfolio ofminorityinvestments

    • Experience working with/instartups andnavigatinglargeenterprise environments

    • Strong understanding ofventure deal structures, including preferred equity,SAFEs, convertible notes, pro-rata rights, information rights,andside letters)

    • Track record of building relationships with VCs, accelerators, and startup ecosystems

    • Experience with AI, enterprise software, or deep tech domains

    Skills & Capabilities

    • Strong investment judgment and analytical rigor (valuation, market analysis, deal structuring)

    • Effective stakeholder management, influencing, and collaboration skills across organizational levels

    • Ability toidentify industry trends and weak signals andtranslate external innovation into business impact

    • Strong communication and storytelling skills for senior audiences

    • High degree of autonomy, ownership, and bias for action

    • Ability to apply rigor, financial acumen and strategic business insight to support executive decision making

    • Ecosystemthinking —ability tomap competitive landscapes, identify emerging tech trends,andconnect startup innovation to HP’s strategic needs

    • Portfolio Management — comfort managing 4-6 investments with varying timelines, risk profiles, and strategic value

    • Dualmoderelationshipmanagement — ability to be a trusted, patient capital partner to founders while representing HP’s strategic interests

    • Technologyfluency — sufficient technical depth toconduct initialtechnicalevaluation ofAI, hardware, and software startups without relying entirely on BU subject matter experts

    • AI fluency -demonstrated ability to use AI tools to enhance productivity in research, analysis, and deal evaluation

    Leadership Attributes

    • Commercial acumen with a focus on execution and outcomes

    • Entrepreneurial mindset and comfort with ambiguity

    • Relationship-driven with a strong external presence

    • Ability to operate across strategy, finance, and technology domains

    Success Metrics

    • Quality and conversion rate of investment pipeline

    • Strategic and financial returnsacross the investment portfolio 

    • Business impact generatedthrough commercialpartnershipsand M&A pipelinedevelopment

    • Strength and depth of external ecosystem relationships

    • Effectiveness of internal stakeholder collaboration and deal alignment

    DisclaimerThis job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

    The pay range for this role is $216,000 to $275,000 USD annually with additional opportunities for pay in the form of bonus and/or equity (applies to United States of America candidates only). Pay varies by work location, job-related knowledge, skills, and experience.

    Job -

    Services

    Schedule -

    Full time

    Shift -

    No shift premium (United States of America)

    Travel -

    Not Specified

    Relocation -

    Equal Opportunity Employer (EEO) - 

    HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).

    Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.

    For more information, review HP’sEEO Policy or read about your rights as an applicant under the law here: “Know Your Rights: Workplace Discrimination is Illegal"

    Numbers & Facts

    LocationPalo Alto, California
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    Skills

    • Analysis Skillsunmatched
    • Artificial Intelligence (AI)unmatched
    • Business Administrationunmatched
    • Business Developmentunmatched
    • Business Skillsunmatched
    • Business Strategyunmatched
    • Communication Skillsunmatched
    • Decision Supportunmatched
    • Ecosystemsunmatched
    • Equal Employment Opportunity (EEO)unmatched
    • Federal Laws and Regulationsunmatched
    • Financeunmatched
    • Financial Strategyunmatched
    • Geneticsunmatched
    • Hewlett-Packard Product Familyunmatched
    • Investment Managementunmatched
    • Investment Strategyunmatched
    • Leadershipunmatched
    • Medical Conditionsunmatched
    • Mergers and Acquisitionsunmatched
    • Metricsunmatched
    • Organizational Skillsunmatched
    • Riskunmatched
    • Startupunmatched
    • State Laws and Regulationsunmatched
    • Storytellingunmatched
    • Team Buildingunmatched
    • Team Playerunmatched
    • Venture Capitalunmatched

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