Founders office role compensation
What is the ballpark compensation range for the role of the founder's/ceo's office in seed and series afunded startup?
Blair Lee
Stealth
a year ago
25-30 lacs
What !!?š¤Æ just to manage employees and read/manage Emails !??
Kalan Nadeen
Stealth
a year ago
And listen to all the bullshit, make business plans, GTM strategies, hire across department, becoming a pseudo HR cum admin. Fuckall work life balance so yeah
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Kendall Dean
Stealth
a year ago
Should be 0
Anise Taye
Stealth
a year ago
And there's the resident a hole of grapevine
Jordon Vernon
Stealth
a year ago
Yes! They're f***ing useless.
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Very very varied, but 18-30 LPA in cash is the range Iād expect
But if itās a small fund, lower funded amount - could even be lower than this
Kendall Carmden
Stealth
a year ago
Can someone please explain what is founders office role?
Blair Carmden
Stealth
a year ago
It depends on stage of the startup.
For Seed - series B
- It's basically a growth/strategic partnership role, identifying new segments and business strategy.
- Ideally it should not exist at this stage and Founder should have more involvement
Series B +
- When the team size expands, it can serve various purpose
1. Take on the new 0-1 initiative and try to experiment with them or build a function
2. Act as a generalist in different functions, identify the problems and report your observations back to the founder - It could be Hiring, Product, Sales, Ops
3. Help the founder in raising capital.
You can get better idea from this podcast
https://spotify.link/ncfpbO2z7Cb
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