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I'm aware of support agents at startups that are/were pulling down $300-400k/year in total comp in pre-IPO numbers. Presuming a happy path towards IPO, that tot
by cco 5y ago
I'm aware of support agents at startups that are/were pulling down $300-400k/year in total comp in pre-IPO numbers. Presuming a happy path towards IPO, that total comp could end up being more like $600-800k, none of these people are Google L8 caliber but they will make money in that same ballpark.
No idea what engineers were making, but probably much more than 2x a support agent.
- onion2k 5y agoPresuming a happy path towards IPO.. That's a big presumption. There were 407 IPOs in the US in 2020. That's not in tech, but in all industries. If you're pinning your hopes of 50% of your comp coming from an IPO event then you must be very happy with risk.
- cco 5y agoRight, its a risk, but are you aware of FANGs paying $200-300k/year for technical support staff? I'm sure there are some openings, but low six figures in cash and a chance at 3 to 8x at a startup seems quite attractive.