AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Angel list stack1/9/2023 ![]() There are four common problems with startup job offers: There were sales reps who joined early and only got 0.05% stakes, as well as marketers who joined late and got 1% stakes. I’d like to reiterate that there wasn’t enough data to deeply analyze non-engineering jobs. Designers among next 5 hires get up to 0.5% - 1.0%. Median salary range was around $80k-$130k.ĭesigners among the first four hires get up to 1-2% equity, occasionally only 0.5%. For the first 10 hires, equity was typically 0.3% - 0.5%, then dropped off to 0.1% - 0.2% for subsequent hires.ĭirectors at = 15 person companies: $120k-$180k, 0.25% - 0.5% Presumably there’s also a commission structure, but that’s not captured by AngelList.Įquity stakes for non-director roles were generally 1% or less. Non-director role salaries were very inconsistent, ranging from $40k - 60k to $80k - $120k (for the same job titles). Salary ranges for directors are often $80k - $140k. ![]() That said, here are some high-level observations: The sample size of non-engineering jobs at early stage companies is too small to analyze rigorously. Companies that are able to raise $1.5m+ seed rounds are fortunate because they can usually get about 18 months of runway as their team grows from a few founders to 10-15 people. Given the recent attention to burn rates, one interesting observation here is that the first ten employees of a company will own about 12% of the company, and will cost, on average, about $100k/month for salary alone. For example, a typical 6th hire will get up to 0.5%-1%. A good way to frame these numbers is to add “up to” before each range. If you’re just out of college or not a perfect fit for a company, you will probably get a little (or a lot) less. These amounts are typically reserved for ideal candidates, or candidates who are very senior. These ranges indicate the maximum equity amounts offered by companies. That is, a Junior Front-End Engineer is more likely to get an offer in the 20th percentile, while a Senior Full-Stack Engineer is more likely to get an offer in the 80th percentile. Higher salary ranges tend to be for more senior roles, or for full-stack engineers. Lower salary ranges tend to be for more junior or more specialized roles (e.g. (Non-engineering jobs are discussed at the end of this post.)Īssuming that a startup has two founders, here are some ballpark numbers for engineering job offers:Ģ0th percentile salary range is $70k - $100kĥ0th percentile salary range is $80k - $120kĨ0th percentile salary range is $82k - $135kįor employees #2 through #13, salaries rise for higher paying jobs:Ģ0th percentile salary range is $75k - $100kĥ0th percentile salary range is $85k - $125kĨ0th percentile salary range is $100k - $150kįor employees #14 through #35, salaries rise for lower paying jobs :Ģ0th percentile salary range is $78k - $120kĥ0th percentile salary range is $90k - $134kĨ0th percentile salary range is $102k - $150k The benchmarks are for engineering jobs in Silicon Valley. Note: These are benchmarks based on a medium-sized sample they’re not hard-and-fast rules.
0 Comments
Read More
Leave a Reply. |