10 ms·
> I've seen multiple startups struggle because their CEO makes more than 10 qualified technical staff, The fully loaded cost of a qualified developer begins in
by PragmaticPulp 6y ago
> I've seen multiple startups struggle because their CEO makes more than 10 qualified technical staff,
The fully loaded cost of a qualified developer begins in the six figures. A CEO earning 10x that would be earning 7 figures.
I've never seen an actual startup with a CEO earning 7 figure cash compensation. I don't think any reasonable investors or even board members would allow that.
Startup CEOs are largely compensated in equity, with their cash compensation being significant ($100-200K if company has revenue) but not overwhelming. They're often not the highest paid person in the company in terms of cash + bonus.
- skapadia 6y agoThis.
- indymike 6y agoThis is a startup that is in fail mode, unless the CEO is raising obscene amounts of money and the business is progressing.
- klyrs 6y agoYeah, you're right, I guess I've only seen ~5x at proper startups, but when you multiply that by the number of executives, it's still an egregious impediment to the product
- ska 6y agoEvent that is pretty rare in startups IME. Typically it might be 2x-3x a (truly) sr. dev, but CEO's in "proper" startups tend to be equity heavy and salary light, like other employees. Equity difference will be a much higher multiple than salary.