$325k is the median for a very successful company. Keep in mind, the median salary of $325k is for the CEO of a company about to go public.
Before the IPO, some of the founders took options worth fantastic sums. For instance, James Park of Fitbit ($7.5mm), Dick Costolo of Twitter ($11.3mm), Scott Painter at True Car ($5.2mm), Brian Armstrong at Coinbase ($59mm), and Drew Houston at Dropbox ($109mm, not a typo), among others all took home nice option packages the year before IPO. As a CEO, so long as you’re driving fantastic growth and value, it’s not out of line to expect additional option grants as a CEO. It’s actually market, and good investors have no problem rewarding CEOs that are performing.
We hope the data above is helpful in setting salary expectations as you become successful and headed towards IPO.
Visit us at blossomstreetventures.com and email me directly at sammy@blossomstreetventures.comhttps://blossomstreetventures.com/metrics/
Enjoyed this post?
Share it using the links below.