Head of Corporate Development, MasterClass

$240-280k

Salary applicable to candidates based in NY/CA. Plus equity

Expert level
Los Angeles
New York
San Francisco Bay Area
MasterClass

Streaming platform for learning

Open for applications

MasterClass

Streaming platform for learning

501-1000 employees

B2CEducationLearningSaaSVideoCommunity

Open for applications

$240-280k

Salary applicable to candidates based in NY/CA. Plus equity

Expert level
Los Angeles
New York
San Francisco Bay Area

501-1000 employees

B2CEducationLearningSaaSVideoCommunity

Company mission

To help unleash the human potential, by inspiring individuals to learn amazing new skills.

Role

Who you are

  • Skilled at quickly understanding complex issues and simplifying them for the organization to aid in decision-making
  • Experienced in using analytics, data, and financial models to inform decisions
  • Focused on results, with a talent for creating high-quality, customer-oriented presentations
  • Clear and effective communicator, capable of conveying messages to partners and senior leaders
  • Capable of managing complex projects and working with stakeholders at all levels
  • Strong at building relationships and networking
  • Background in Media, Content, or Ed-tech is a plus but not essential
  • BS/BA degree required – candidates with an MBA preferred
  • 10+ years of experience in the internet, media, software, and/or consumer tech industry in a corporate development/strategy leadership role/investment banking

What the job involves

  • The role of the Head of Corporate Development and Strategy is crucial for steering MasterClass strategic growth and ensuring its long-term success.
  • She/He will support the CEO, CFO and the Executive Team and work cross-functionally to lead M&A, partnerships, and key strategic initiatives
  • Partner with senior executive to identify industry trends, develop our growth and ingrowth strategies, and identify strategic partners and investment opportunities that accelerate MasterClass’s mission and roadmap
  • Lead special projects including complex partnership deals and execution, aimed at enhancing the company's financial health and strategic positioning, including preparing for future financial milestones and transformation initiatives
  • Establish and maintain relationships with senior executives from startups, technology, and VCs to inform product strategy and stay up-to-date with the competitive landscape
  • Prepare memos and presentations to synthesize key findings and recommendations

Our take

MasterClass is a streaming platform that offers its members the chance to learn skills and theory directly from the best in the business, all with celebrity status. For example, learning to cook with Gordon Ramsay, mastering tennis techniques with Serena Williams, and perfecting songwriting with Alicia Keys.

The streaming platform provides more than 100 classes across nine categories including sport, wellness, music, food, and business. Each class is made up of around 20 short video lessons, accompanied by a workbook and a members’ community.

With a $2.5 billion valuation and no shortage of funding, MasterClass is seen as a leader in the edtech market, and differentiates itself from fierce competitors Udacity and Udemy by blurring the line between education and entertainment.

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Kirsty

Company Specialist

Insights

Top investors

Some candidates hear
back within 2 weeks

50% female employees

-18% employee growth in 12 months

Company

Funding (last 2 of 7 rounds)

May 2021

$225m

SERIES F

May 2020

$100m

SERIES E

Total funding: $461.4m

Company HQ

SoMa, San Francisco, CA

Founders

Having studied at Washington University, they worked in Strategy and Operations at Tesco for 3 years before taking an MBA at Stanford. They used this experience to found MasterClass.

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