Natasha Ketabchi
London, United Kingdom
Member since July 31, 2017
Natasha transitioned to venture capital after a career in banking, built in prestigious firms such as JPMorgan and A&M. She is now a part of the investment team at a venture capital fund, where she evaluates over 1,000 startups a month. She also has hands-on experience with startups, helping CyNation and EstateGuru raise funding and expand to the UK. She joined Toptal to keep her skills up to date and help entrepreneurs access funding.
Natasha is now available for hire
Career Highlights
- InReach Ventures
- CyNation
- Alvarez and Marsal
Education
- University of Pennsylvania
- Università Commerciale Luigi Bocconi
Industry Expertise
- Venture Capital
Other Expertise
- Credit Analysis
- Credit Risk
- Due Diligence
- Financial Restructuring
- Fixed Income
- Fundraising Strategy
- Seed Fundraising
Employment
- Investor2018 - PRESENTInReach Ventures
- Reviewed over 3,000 startups in the European tech space to identify potential investment opportunities and learn about trends and technologies, particularly in the HR, Fintech and Edtech sectors.
- Carried out due diligence on potential investments, analyzing the team, the financial performance of the company and forming a view on their potential.
- Assessed financial models and performance KPIs of companies while guiding entrepreneurs in understanding the levers for value creation.
- Worked with the general partner and the entrepreneurs of the portfolio companies in order to maximize shareholder value and tackling daily human resources, operational and strategic issues.
- Built a strong reputation for excellence and expertise in the startup community, both with entrepreneurs and other venture investors.
Focus areas: Investing, tech, financial models, valuation, competitive analysis, Venture Funding, Early-stage Venture Capital - Head of UK Expansion2017 - 2017EstateGuru
- Liaised with the Financial Conduct Authority in the United Kingdom, creating a very strong relationship with the representative and successfully guiding the sister company in preparing the operations and documentation to open a UK branch.
- Authored the loan default policy as well as expanded on the existing credit scoring model, both key requirements of the regulator.
- Oversaw both internal financial and legal procedures: directed and liaised with the external legal counsel on writing and validating key documentation, such as the default policy, the impaired loan policy, and the terms and conditions.
- Interacted with the management of the parent company and all relevant authorities in the United Kingdom.
- Ensured that all reporting obligations and deadlines were respected.
Focus areas: Real Estate Finance, Financial Regulations, Operations - Head of Business Development2017 - 2017CyNation
- Secured investments from three business angels in helping the startup fundraise at the seed stage for 1/3 of the EIS round (Enterprise Investment Scheme, a UK tax scheme to facilitate investment in early-stage companies) round.
- Defined the financial institution client strategy, as well as prepared all client marketing and sales material.
- Pitched and presented the startup at various events, including on-stage at the 2017 Lisbon Investment Summit (LIS), generating substantial client and investor interest.
- Built the internal financial model, which contained all of the sales, personnel and funding assumptions and allowed for scenario analysis, for the purpose of external fundraising efforts.
- Introduced the company to a top-tier private equity fund, allowing them to secure a pilot project with a portfolio company.
Focus areas: Business Plan Development, Business Development, Financial Modeling, Fundraising - Senior Contractor2016 - 2016Alvarez and Marsal
- Carried out due diligence of a portfolio of distressed and performing loans worth £100 million belonging to a distressed bank.
- Conducted in-depth analysis of loan files with exposures of several million. This was in order to form a view on both the credit risks in the portfolio through sampling, as well as on the soundness of the underwriting procedures at the bank.
- Analyzed several complex structured finance transactions, forming a view of both the balance sheet risks resulting from them, on the standalone solidity of the transaction, as well as on the legal and financial set-up.
- Assisted the partners in the Bank Restructuring Team in preparing RFPs for large institutional projects, based on extensive knowledge of European Bank Resolution and Restructuring regulations.
- Collaborated with partners and principals in the other bank consulting practices towards completing an acquisition target due diligence on behalf of a client.
Focus areas: Financial Services, Banks, Debt Restructuring, Financial Restructuring, Turnaround, Balance Sheets, Credit Analysis, Distressed - Banker2013 - 2016European Stability Mechanism
- Developed extensive working knowledge of Banking Union regulation (Single Resolution Mechanism, SRM, Banking Restructuring and Resolution Directive, BRRD), as well as Capital Requirements Regulation and Directive and its effects on banks' balance sheets.
- Represented the European Financial Stability Facility (EFSF)/European Stability Mechanism (ESM) in the financial sector technical team for debtor countries of the Troika, with a focus on Cyprus (debt of €10 billion) and Ireland (€67.5 billion, of which €17.7 billion from EFSF).
- Supported the ESM’s participation in the Euro Working Group task force, with strong inputs in the negotiation of six legal documents and pricing guidelines for the Direct Bank Recapitalisation Instrument, a new financial assistance instrument.
- Developed relationships with peer institutions, including the European Commission, the European Banking Authority, the European Central Bank and national bank resolution agencies, as well as external third parties.
- Conducted extensive desktop analysis on the absolute and relative health of performance of banks in the Eurozone.
Focus areas: Financial Restructuring, Banking, Financial services, credit, NPLs - Fixed Income Derivatives Marketing2005 - 2006JPMorgan
- Priced complex derivatives for client transactions, with a specific focus on large bespoke hedges executed in €100 million clips of swaps of various maturities.
- Executed fixed income trades, assisting senior members of the team.
- Prepared daily market commentary, which was circulated to a list of 100+ clients of the desk and was read regularly by 50% of the distribution list.
- Prepared extensive client literature on derivative transactions, focusing on specialized derivatives instruments, focusing on inflation and interest risk hedges for long-term investors such as life insurers and pension funds.
- Assisted senior team members in providing high-quality trade execution, market intelligence and trade idea generation for some of the largest pension funds in the world, such as APG, PFZW.
Focus areas: Fixed-income Derivatives, Embedded Derivatives, fixed income, asset and liability management, Hedging
Other Experience
- Lessons from Warren Buffett’s Investment Strategy and His Mistakes (Publication)Warren Buffett’s reputation as an investor has become legendary. What can an individual investor learn from Warren Buffett’s investment style, his philosophy, and some of his past mistakes?
- What is a Down Round and How to Avoid One (Publication)Anyone vaguely familiar with the venture capital industry knows that down rounds are bad news. But what exactly are they, and why do they occur? What alternatives do founders have to avoid a down round? Toptal Finance Expert Natasha Ketabchi draws on her experience in the VC industry to run through the mechanics of a down round, its implications and effects, and concludes by offering some vital advice for founders and investors keen to avoid the dreaded down round.
- How to Craft a Successful Go to Market Strategy (Publication)As a venture investor, Natasha Ketabchi spends most of her day evaluating tech startups as potential investments. In early-stage investments, Natasha finds that the three things that matter most are team, product, and sales and marketing approach—including their go to market strategy. In this article, Natasha lifts the veil on what venture investors look for in a solid GTM plan.
Education
- Master of Business Administration (MBA) degree in Finance2011 - 2013University of Pennsylvania - Philadelphia, Pennsylvania
- Master's degree in Economics and Statistics1999 - 2004Università Commerciale Luigi Bocconi - Milano, Italy
