How Much Should You Pay a Startup CTO?

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โดย Jon Bradshaw and Peter Harris และถูกค้นพบโดย Player FM และชุมชนของเรา -- ลิขสิทธิ์นี้เป็นของผู้เผยแพร่ ไม่ใช่ Player FM โดยมีการสตรีมเสียงโดยตรงจากเซิร์ฟเวอร์ผู้เผยแพร่ กดปุ่มติดตามเพื่อติดตามการอัพเดทใน Player FM หรือวาง URL ฟีดนี้ไปยังแอพพอดคาสท์อื่น

We were recently asked by a friend what a startup CTO's salary should be for a company with little to no revenue.

Peter and Jon decided to ask their network what "fair" compensation would be. Please remember that most individuals were making a recommendation only on partial information.

We presented the following to each individual.

What are the current terms for a Startup CTO?

- He makes $200,000 with $50,000 in equity and other benefits at his current job
- He’s willing to take a salary of $150,000
- The startup just raised $1M from a “notable” VC
- No details on the $1M raise is known
- Revenue is $5,000 MRR or less

The startup is asking him to make an offer.

I told them to put it back on them, and for him to also ask about:

- Total shares outstanding
- Details on the current cap table
- Current price for common stock

Venture Capital Podcast
Website: www.VentureCapital.fm
Apple Podcasts: https://podcasts.apple.com/us/podcast/venture-capital/id1575351789
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Peter Harris
University Growth Fund: https://www.ugrowthfund.com/
Instagram: https://instagram.com/shodanpete?igshid=YmMyMTA2M2Y=
Twitter: https://twitter.com/thevcstudent
YouTube: https://youtube.com/channel/UCAHrQUxcm_Oa1t3emwttpAQ

Jon Bradshaw
Instagram: https://www.instagram.com/mrjonbradshaw/
Twitter: https://twitter.com/mrjonbradshaw

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