Megan Muir spoke to Jody Thelander about a global study into wages paid to corporate venturers, venture capitalists and private equity investors.
Megan Muir, partner at legal firm DLA Piper, interviewed Jody Thelander, CEO of J Thelander Consulting, today at the Global Corporate Venturing Symposium about the consultancy firm’s global study into base pay, bonus and equity compensation. The Thelander-CVI2 2015 CVC Compensation survey is available here.
With regard to corporate venturing units, the study is considering unit leaders, senior investment professionals, unit portfolio managers, investment managers and analysts, comparing the results to approximate positions at venture capital and private equity firms.
Thelander is working with several established entities, including Global Corporate Venturing, DLA Piper, venture finance provider Silicon Valley Bank, and private equity and venture capital research firm Pitchbook.
In 2014, Thelander stated, the compensation for a corporate venturing unit leader varied between a median of $380,000 to a maximum of $1.5m. He noted that units tend to only pay out the full bonus if the parent company is doing well, whereas at VC firms bonus pay is almost entirely discretional.
Corporate venturing celebrated a record year in 2014, investing a total of $15bn, up from $12bn in 2013, despite a decrease in the number of deals, which fell from 938 to 888.
The industry also generated $31bn from 270 exits, though that figure is still below the record year of 2011, when 182 exits were achieved with a total value of $33bn.
Thelander concluded by inviting attendees to fill out the survey, which will be published by the end of September 2015.
