Leonis Capital Research Fellowship
Fellowship
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Leonis Capital Research Fellowship
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Fellowship
Leonis Capital’s Research Fellowship is a rigorous, two‑month apprenticeship (July 1 – August 30) designed to expose graduate‑level talent to early‑stage venture research. Fellows complete five structured modules—market mapping, product teardown, competitive landscape, founder benchmarking and thesis presentation—each culminating in a deliverable reviewed by the investment team. The work informs Leonis’ sourcing and investment memos, giving fellows real influence on capital deployment. Expected commitment is 10–20 hours per week and includes weekly partner check‑ins plus optional office‑hour blocks. Final presentations are delivered to the full partnership; outstanding fellows may be considered for ongoing part‑time or full‑time roles.
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Applications are reviewed on a rolling basis until the stated deadline (June 21, 2025). Candidates submit a résumé and two writing samples; priority is given to master’s or PhD students in technical disciplines with demonstrated interest in AI‑native software. Interviews are conducted via Zoom with two members of the investment team.
The fellowship is an educational program; no stipend or carry is provided. Exceptional performance may lead to a paid internship or full‑time analyst offer.
Leonis Capital charges no tuition or program fees; fellows only need a laptop and reliable internet.
Roughly 10–20 hours weekly spread across independent research, partner feedback meetings and peer collaboration.
Fellows participate remotely by default; optional in‑person sessions are hosted at Leonis Capital’s Bay Area office for those local to Northern California.
What is the duration?
Eight weeks, from July 1 to August 30.
Is the fellowship paid?
No; it is an unpaid learning opportunity with potential for future roles.
How many hours per week are expected?
Ten to twenty hours, depending on module complexity.
Do I have to be in the Bay Area?
No—participation is remote, with optional local meet‑ups.
What backgrounds are preferred?
Graduate students in technical or business fields with interest in AI‑native software.
How do I apply?
Submit the Google Form linked on the fellowship page before the June 21 deadline.
When will I hear back?
Interviews are scheduled within two weeks of application; decisions follow soon after.
Can this lead to a job?
Top fellows may be offered paid internships or analyst roles.
Are international students eligible?
Yes, provided they can work remotely during US daytime hours for check‑ins.
What deliverables are required?
Five research modules culminating in a thesis presentation.
Does Leonis provide data tools?
Yes, fellows receive access to the firm’s research templates and internal resources.
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