Head of Corporate Development, MasterClass
$240-280k
+ Equity
Streaming platform for learning
Be an early applicant
Streaming platform for learning
501-1000 employees
Be an early applicant
$240-280k
+ Equity
501-1000 employees
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.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few 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 benefits
- Health & Wellness: Premium medical, dental, and vision insurance plans for you and your family. OneMedical and Peloton subscriptions. Access to Modern Health and Included Health for additional well-being and expert medical care
- Paid Time Off: Take the time you need when you need it. Company-wide winter and summer recharge breaks and half-day Fridays
- Equity: In addition to a competitive base salary, our equity plans allow employees to share in the success of the company
- Unique Perks: Quarterly flex dollars for whatever you need, cell phone and internet stipends, lunch on Tuesdays for those in-office, and the occasional instructor drop in
- Family Planning: Competitive parental leave programs for both birthing and non-birthing parents. Leave administration with Cocoon. Fertility support through Carrot
- Learning & Development: We are a learning company after all! Full access to MasterClass courses and the opportunity to gift memberships to loved ones. Personal development dollars are provided every 6 months for things like career coaching or books
- Charitable Giveback: Company charity matching and paid days off to volunteer in your community
Company values
- Transform Members' Lives: We are here because we want to change lives. Everything we do is to help our members unlock their full potential through learning. When we do this we can have a lasting impact not only on their lives, but on the planet. Our members come first, always
- Think Differently, Act Together: Wisdom comes from anywhere. When we stay humble, support each other, and bring our diverse backgrounds together to achieve the same mission, there’s no limit to what we can accomplish
- Build A Legacy: We are building a library of knowledge from the greatest minds in the world. We have the opportunity and responsibility to do the best work of our lives so that it stands the test of time and honors our instructors, our members, and ourselves
- Be Passionately Curious: We never forget the power of learning, asking, and seeking deeper understanding. We always assume that we are only 1% of the way there, and we savor the journey
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
David Rogier
(Founder & CEO)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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