Venture, Corporate Development and Advisory
Judgement as the product, and a very small number of seats.
- Best fit
- Clinicians who write publicly, network naturally, and enjoy pattern matching across companies.
- Time to move
- 12 to 36 months, usually via scouting or advisory work first
- Indicative pay
- Advisory in equity, principal roles 200k to 400k USD plus carry
Funds hire clinicians for diligence: is the clinical claim real, will the workflow survive adoption, will a buyer pay. Most clinicians reach a fund through visible public work rather than a job posting. Advisory and scout roles are the realistic entry point, and they can be held alongside a clinical job for years.
What the job actually is
- Run clinical diligence on prospective investments
- Build a view on a category and defend it in an investment committee
- Support portfolio companies on evidence and clinical hiring
- Source founders through your own network
Skills to build
- Market sizing that survives scrutiny
- Reimbursement and coding literacy
- Financial fluency, burn, gross margin, payback
- Public writing that demonstrates judgement
Your first ninety days
- Publish a category memo on something you know better than the market
- Offer free diligence to two funds and be useful
- Meet ten founders and be genuinely helpful to each
Proof of work hiring managers ask for
- A public investment memo or category analysis
- Named advisory roles
- Introductions you made that led somewhere
Titles and who hires
Common titles: Venture Scout, Clinical Advisor, Principal, Head of Corporate Development.
Typical employers: Venture funds, Payer and provider venture arms, Strategics, Accelerators.
| Role | Level | Indicative band |
|---|---|---|
| Clinical Advisor or Venture Scout | Side role | Equity, small retainers |
Key signals
- Almost nobody enters venture through an application, so the writing is the application.
- Reimbursement literacy separates useful clinical advisors from decorative ones.
- Scout and advisory work is compatible with full time clinical practice, so start there.
