Corp Dev Exit Opportunities
A head hunter reached out to me about a corporate development opportunity, and asked to speak with me tomorrow. The pay is roughly 15% higher than what I get now, so I said I’d meet with him. I feel bored at my current company as I’m not being challenged enough and I feel like I’ve reached my growing potential (experience wise/educationally) in my department. I got into an “enthusiastic conversation” with my manager about the 10 yr bond yield a month ago. She argued that the 10 yr very rarely changes, and I argued that it changes every day and has been very volatile over the past year. One of my other managers told me that I’m not allowed to adjust the financials the way I see fit because “they’ve been audited and we’d be telling the company that their financials are wrong if we adjusted the financials.” I like the company but the only thing really keeping me here now is the benefits, specifically my vacation days, other than that I feel there is nothing here for me.
Anyway, seeing as the ER industry is pretty much dead/dying, I considered corporate development at my company. However, our corp dev group isn’t really active as we are not allowed to do anymore acquisitions in the USA, but we do make a few occasional acquisitions in other parts of the world. Basically, the head of our corp dev department said I’d have to quit the company and join another company to do that kind of work because of how infrequently we make acquisitions now. What are the some of the exit opportunities for corporate development? What is the likelihood of transitioning to PE or VC?