On this page

Director – Growth Capital

Snowball Effect is looking for a new director to join our energetic and growing team. If you're the right sort of person, you'll be passionate about developing the New Zealand capital markets, enjoy working with a diverse range of investors and companies, and want to be part of a high performing growth company in an emerging and dynamic new market.


About Snowball Effect

We're on a mission to simplify investment into high growth Kiwi companies. Snowball Effect is a marketplace that simplifies access to a range of alternative investment opportunities. We do this by facilitating offers of securities through public offers, private offers, and wholesale investor offers. Over our 4 years of operation we have raised more than ~$50m of capital.

More broadly, our vision is to have a significant impact on the New Zealand capital markets. We see an opportunity to provide investors with easy access to financial products, while also providing tools for them to manage their portfolio and engage directly with the companies and sectors of interest. For companies, it's a complete capital raising package and access to a wide investor audience, so it's a quick and efficient way to raise funds. We see the opportunity to provide fresh thinking and technology to a relatively stagnant industry.

We're driven by the significant positive impact we can make by building a thriving marketplace to connect growth companies with the capital, services and people they need.

Our values

  • Quality: To help promote great outcomes for investors and companies we will always take the long term view - we seek sustainable growth over short term wins. We will not be afraid to say 'No'.
  • Experts: We are the experts in growth company capital raising in New Zealand.
  • Team: We will always try and do what is best for Snowball Effect rather than ourselves. We welcome an environment where we can support, challenge, and encourage each other.
  • Courage: We are pioneers and innovators, prepared to take risks, to work hard and hustle, leading the way in developing a new more efficient and inspiring capital market in New Zealand.

The role

Our initial success has paved the way to significantly develop our core offering and explore complementary opportunities. At this stage, our target market is the growth sector - typically businesses with several million dollars in revenue, and seeking anywhere from $1m - $10m in capital to fund growth. For many investors this type of company has a far more appealing risk / return profile, with a far clearer path to exit. As a sector, these companies are underserviced - they're too large for angel groups, and too small for Private Equity funds, and brokers. While some of these companies, particularly those approaching a listing, or those who would benefit from the publicity want to offer shares to the public, some are also after larger and / or 'strategic' investors. Snowball Effect has an investor audience of ~18,000 investors, with ~1,100 certified as 'wholesale investors'.

It is important that we develop a pipeline of high quality companies wanting to raise capital, then tailor the best solution to that company.

We're hiring a Director of Growth Capital to lead the ongoing development of Snowball Effect's marketplace, and more specifically the task of presenting Snowball Effect as the go to solution for growth companies seeking to raise capital. You will be working in tandem with other members of the team, both on the marketplace development (IT) and business expansion.

You will have ideally had at least 8-10 years of commercial experience, with a demonstrated ability to make decisions quickly and deliver outstanding results.

You'll provide the skills and expertise to take ownership of this fundamental and growing part of our business and continue to develop it into a thriving and highly profitable business unit within our wider marketplace. The role will be challenging as the path forward is largely uncharted, with delivery of results critical to the business.

Snowball Effect continues to have a distinctively different voice and retains a personality that distinguishes it from the rest of the capital markets, and that both investors and companies are attracted to a far more exciting, personable, and intimate experience as a result. You'll want to develop a strong network within the New Zealand capital markets, with entrepreneurs, advisors, and investors.


Key accountabilities

Initially, lead the initial engagement with high quality, growth companies seeking capital:

  • This will mean developing relationships with service providers, company CEO's, and the wider capital markets community.
  • Being highly proactive in seeking out opportunities to speak with companies and their service providers to ensure that Snowball Effect is front of mind when raising capital.
  • Constantly looking for new opportunities to get in front of high quality companies and investors.
  • Identifying technology that can be used to do things more efficiently than anyone else.
  • Develop relationships with investors who can also be referrers of companies. Identifying investors who would be interested in investing in these types of deals.
  • Work with our network to 'test' the company's offer before going to the public. Ensuring that written material resonates, and key terms/valuations are sensible and fair.
  • Working across the team to identify lead/cornerstone investors if required.

Take responsibility for various day to day tasks that are crucial to the continued success of Snowball. Some of these day to day tasks include:

  • Support of marketing public offers
  • New product/feature development
  • Investor relations/customer support
  • Facilitating and developing IPO participation
  • Leading shareholder communications between companies and investors (we provide a package to companies to support this)

New opportunities

There will also be the opportunity to lead some of the new opportunities that we're currently exploring. These include:

  • A secondary market, designed specifically for private companies, which aims to address issues relating to compliance, liquidity and broker support
  • New financial products that sit alongside high risk equity within an investor's portfolio

There will of course be others that emerge in time.


Final words

This role will also have a position on our Screening Committee which provides feedback on opportunities, and has final say prior to an offering being made available to investors. All public deals have to be approved by the Screening Committee prior to going 'live'.

This is a critical leadership position within Snowball Effect, and will play a key role in developing an important part of New Zealand's capital market.

Snowball Effect benefits from world class directors and advisors. Day to day we're a small team of 8 with a flat structure. Everyone in the team has a specific role, with each role commanding significant responsibility. As a company we're focused, with a clear plan of where we're heading. We expect performance of the highest calibre, and we're confident that our remuneration is representative of the investment we expect from each member of the team in Snowball Effect's success.

We're here for the long term, and this role provides the right person with an opportunity to play not only a critical role in driving business growth, but also to shape the future of New Zealand's capital markets.

If you're excited by this opportunity, please send your CV to Simeon Burnett -

simeon.burnett@snowballeffect.co.nz


MoST Content Management V3.0.7117