What should be an expected range of compensation for a director of business development at a startup? I would be the right hands of the US lead, and the startup is generating revenue and is about to start their series c round. 4 YOE, with a Phd.

Thanks!

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Id say anywhere between $150 - $180k range; 4 YOE might bring it down?

likehelpful

Admittedly this company approached me through LinkedIn. I would highlight any work you've done with startups (blinded, of course) to get a recruiter's attention

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You’re selling yourself short here if it’s a biotech. Big pharmaco D comp is ~300 +- 10% all-in and AD ~250 +- 10% all-in. Consider biotech D to be somewhere around these two depending on company.

Considering it’s a pre-IPO series C, you might need to think through the equity component of the all-in more. But don’t think you need to short change yourself because it’s a smaller company. If anything, you are taking extra risk and should be compensated at least equivalently.

helpful

Wow, that's very interesting and helpful. Would you mind if I dm you with some additional questions? I'd love to get your thoughts!

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