Why M13: Interviews, Careers, & Portfolio

M13 Overview

M13 (short for Messier 13) is an early-stage venture capital firm which invests in disruptive software businesses.

The firm started investing in DTC and B2B models way back in 2016. But as they grow, they start supporting companies that shape the future of health, commerce, money, and work – including Web3 and AI.

M13 participates in Seed, Series A and B funding rounds.

Courtney Reum and Carter Reum co-founded M13 in 2016. The firm is based in Santa Monica, California – with additional offices in Los Angeles and New York.

M13 AUM

According to Carter Reum, M13 has $750 million in assets under management as of March 2022.

M13 Interview Process & Questions

It’s normal for firms to make changes in their interview process as they see fit for each candidate. However, if you interview at M13 (or a firm like it), you can expect the following:

• More or less five rounds of interviews
• For the first few rounds, junior investment professionals or the HR team will be the interviewers, and the more senior staff takes over at the later rounds
• Interviewers will ask you a combination of technical / investing questions, behavioral questions, and fit questions

The whole process can last multiple weeks – except if it’s on-campus or on-cycle recruiting.

Get the Growth Equity Interview Guide to help yourself prepare for such interviews.

Why M13

“Why this firm” is one of the questions you should definitely prepare for as it almost always shows up during interviews.

To avoid generic answers, you can mention the professionals at the firm whom you’ve connected with during your networking efforts and share how their experiences at the firm inspired you to be part of their team.

It’s also a good practice to research the firm before attending interviews. To do this, you can try listening to interviews with its founders, investors, and key individuals.

For example, here’s an interview with Karl Alomar, Managing Partner at M13:

M13 Case Study

Firms often evaluate each candidate’s level of technical expertise and communication skills. Case studies are one of the tools they use during interviews to assess these critical traits.

Most case studies at firms like M13 will require you to present investment recommendations and perform financial modeling. But if you’re applying for a junior role, it’s best to prepare for a cold calling case study as well.

If you’re looking for a great resource on case studies, I’d suggest checking out my Growth Equity Interview Guide.

M13 Salary & Compensation

According to Glassdoor, interns at M13 get a median total pay of $63K and senior investment associates earn between $190K – $230K per year based on a M13 job listing. No recent salary data available for analyst and associate hires.

Figures may vary depending on location, experience, and other factors.

Intern

M13 Careers, Jobs, & Internships

To view open roles at top growth and VC firms like M13, you can visit our job board which we regularly update.

M13 Portfolio & Investments

According to Crunchbase, M13 has made 151 investments across four funds. Some of their notable deals include Ensemble AI, Layla, and WorkMade.

Notable Transaction: Code

Code is a payments platform which enables anyone from any place in the world to send money or make purchases online.

Their platform also allows creators to earn on anything they publish online such as blog posts, digital arts, and live streams. What’s more interesting is that people can charge as low as 5¢ per transaction.

In February 2024, M13 led a Seed funding round which helped Code secure $6.5 million. Union Square Ventures and multiple individual investors also participated.

M13 believes that Code has the right opportunity to create a payments network which can ride on the benefits of using crypto (low fees, self-custody, global), while also keeping the benefits of traditional payment methods (ease of use and privacy).

Next Steps

Interested in joining M13 as one of their investment professionals? Make sure to stay updated with their current open roles by checking out our job board regularly.

You can also take a look at my Growth Equity Interview Guide so you can start preparing for your interviews and increase your chances of securing the role you’re applying for. The course covers concepts and topics that interviewers often go through.

Check it out and start learning today!