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According to this (http://www.altgate.com/blog/2008/10/2008-startup-compensation-survey.html http://www.altgate.com/blog/2008/10/2008-startup-compensatio...) 10
by fnazeeri 18y ago
According to this (http://www.altgate.com/blog/2008/10/2008-startup-compensation-survey.html http://www.altgate.com/blog/2008/10/2008-startup-compensatio...) 10-year old survey executive compensation of 600+ venture-backed startups, a founding CEO of a software company with <$5MM in revenue is in the $160-230K range (25th %ile and 75th %ile respectively). As an aside, equity is in the 8-30% range (same percentiles).
This isn't terribly helpful to you question since it's for venture-backed companies, but it's at least an upper threshold.
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- clintavo 18y agoThanks, fnazeeri, this study actually is helpful and does provide some useful data, I think it will be very helpful to have a professionally done compensation study if necessary to show the tax man.
- fnazeeri 18y agoContact me through my blog http://www.altgate.com/ http://www.altgate.com/ and I can share more detail (or you can track down Noam as I mentioned in the post).
- tptacek 18y agoThere are two extreme data points you're getting here: (1) The absolute lowest number people think you could get away with. (2) The ridiculous numbers awarded to vanity CEOs of VC-funded companies. You probably want to be somewhere in the middle. There's no rule about what a "CEO" makes; you're compensated based on the value you create in the company. If you do the same work as a lead developer, pay yourself like a bare-bones startup would pay a lead developer. Web companies pay CEOs 200k because they're suckers.