Business Development Associate
Pairs
About the Role
Pairs is seeking a Business Development Associate to onboard growth-stage founders into the platform. This role involves managing the process from the initial contact to the commencement of engagement. Pairs is a global network connecting family offices, institutional investors, VCs, and angels, with a rigorous deal flow screening process.
The Role
- Engage with founders seeking investment.
- Conduct initial calls to quickly assess businesses, identify fundraising challenges, and determine the potential for partnership.
- Clearly present Pairs' process and fees when a fit is identified, securing the next step on the call.
- Professionally conclude conversations when there is no fit, maintaining future engagement possibilities.
- For founders suitable for the platform tier, conduct demos and close deals directly.
- Analyze company metrics such as revenue, burn, and round structure during initial assessments.
- Maintain a precise pipeline, akin to a financial model.
- Set realistic expectations, committing only to what Pairs can deliver.
- Work directly with the two co-founders and the closing team.
- Gain firsthand insight into company screening processes and declination reasons within a flat organizational structure.
Key Responsibilities
- Conducting first calls with a sharp assessment of each company and a clear determination of support capability.
- Qualifying founders, understanding their fundraising stage, decision-makers, and specific needs.
- Securing a next step on the call and preparing a written summary for the subsequent team member.
- Accurately logging and following up on every founder interaction until a clear outcome is achieved.
Requirements & Tech Stack
- AI tools: Used daily, with a clear understanding of their utility and limitations.
Qualifications
- Experience selling a financial, advisory, or capital-markets service to founders or executives, with the ability to detail a won deal.
- Ability to quickly read company financials and ask pertinent questions regarding revenue, burn, runway, round structure, and committed capital.
- Disciplined pipeline management, with the capacity to recall conversion rates.
- Skill in setting realistic expectations and avoiding overpromising outcomes.
- Proficiency in handling objections related to price and fit directly and without pressure.
- Fully remote role with working hours overlapping US Eastern time.
- Compensation Range: $110K - $160K.