Startup Salaries | Everything You Need to Know About Compensation & Equity at Startups
Startup Salaries | Everything You Need to Know About Compensation & Equity at Startups // There are so many misconceptions about startup salaries. I always giggle when people think equity at startups always translates to millions of dollars in your bank account, that startup compensation is always terrible, and that working at a startup means you’re destined to be either affluent or destitute (no middle ground of course). In truth, startup employee compensation is more complex than the misnomers many have. And if you are considering a job offer at a startup (especially if it is your first startup job offer) you’re probably scratching your head and desperately Googling trying to figure it out - I know I did when I left big tech to take a job at a pre-Seed sound startup. I want you to be way more knowledgeable than I was, so I made this video for you to help you with your job offer evaluation and navigate the essentials of startup employee comp including equity vs salary, what salary do you expect, startup equity for employees, startup stock options and startup equity negotiation and more. Tune in for the full video because it’s all crucial info!
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• Startup Salaries | Eve...
Пікірлер: 13
What more important to you when it comes to comp? Salary or equity?
@agentnikoli82
3 жыл бұрын
Salary. Because that's real money . 😁
Incredibly helpful! Thank you!
Make sure the start up is viable. That’s probably the most important thing. I’ve been in the start up world for a few years and made some bad decisions based on products that we’re not ready for market or would never be commercially viable. That’s the key. I know you went over this but I’ve lived it the last three years and I’m just now getting to a place where I’m either going to stay at the start up culture or give in and go to a big corporate culture.
Super helpful. Thank you!
Very helpful video!
you look like Pam from the office, and act like her xD thank you for the video it really was helpful.
Great video! I’m starting at a company soon - Series C extension last year, currently going through 409A and Series D coming. What % would you recommend I allocate to equity? There are no restrictions on %.
@chrologue4586
3 жыл бұрын
For more context, the company is currently valued at 3B.
@chrologue4586
3 жыл бұрын
I want to make a strategic choice, rather than based on how comfortable i am with the salary because I’m quite comfortable financially at the moment
@JenniferBrick
3 жыл бұрын
Startups have a new 409A valuation each fiscal year. Equity percentages vary depending on your role, level, etc. Angel List has a decent high level overview on average equity grants; you can also look at open jobs and filter by series to see what other companies are offering in terms of equity ranges (just know some list wide ranges to get interest but the only give the smallest percentages). If you have friends in your profession who are at startups as well, ask them what percentage equity they received; if you have relationships with any VCs, they generally have info they share with the founders.
@chrologue4586
3 жыл бұрын
@@JenniferBrick so the company gives employees to decide on the %. So if the salary is 100k for example, i can allocated 10%, 20%, 30% or whatever % i want of that salary to equity. I don’t have access to their financial statements and i can’t decide on what to do!
Ohhhh.... I'm the one paying the salaries :/