Analyzing AngelList Job Postings, Part 2: Salary and Equity Benchmarks
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A few weeks ago, I did a basic analysis of AngelList job postings. That analysis looked at attributes like job locations, vesting schedules, and commonly requested skills. In this post, I’ll look at salary and equity numbers based on startup size. In my experience, founders frequently give out equity grants that are too generous or too stingy. The dangers of stinginess are that candidates will choose to work somewhere else and that you will waste a lot of time interviewing people who definitely won’t take your offer. The danger of generosity is that, especially for the first few hires, you are giving away much more equity than you need to. That equity could be used to give stronger offers to multiple candidates later on, to raise more money from investors, or to retain more decision-making power for founders.
Analyzing AngelList Job Postings, Part 2: Salary and Equity Benchmarks
Analyzing AngelList Job Postings, Part 2…
Analyzing AngelList Job Postings, Part 2: Salary and Equity Benchmarks
A few weeks ago, I did a basic analysis of AngelList job postings. That analysis looked at attributes like job locations, vesting schedules, and commonly requested skills. In this post, I’ll look at salary and equity numbers based on startup size. In my experience, founders frequently give out equity grants that are too generous or too stingy. The dangers of stinginess are that candidates will choose to work somewhere else and that you will waste a lot of time interviewing people who definitely won’t take your offer. The danger of generosity is that, especially for the first few hires, you are giving away much more equity than you need to. That equity could be used to give stronger offers to multiple candidates later on, to raise more money from investors, or to retain more decision-making power for founders.