3 ms·
They're doing two averages that lose useful information. You've pointed out one, which I agree with, but the article also averages salary over the life of the c
by curun1r 12y ago
They're doing two averages that lose useful information. You've pointed out one, which I agree with, but the article also averages salary over the life of the company, which I think is losing more useful information.
I'd be much more interested in an average of what the CEOs make in their first year and second year. The Dropbox, AirBnB and Stripe founders wouldn't impact this average all that much since I doubt they were pulling in 7-8 figure salaries from the beginning. And, if someone is thinking of starting a company, they salaries that they're most interested in are those first two years...they want to know just how little they'll have to survive on.
More than two years into a startup, the values might be interesting, but they're not relevant because outcomes vary so wildly.