ZippyPancake
ZippyPancake

Founder's Office Salary at a Series B Tech Startup

Hi, I'm looking for info on compensation for the founder's office / CEO's office roles in the market currently.

I'm interviewing for company and the comp conversation will begin soon. The role will entail bizops, reporting, strategic research, new initiatives and fundraising.

I have >1 year of quality experience in a startup + a good undergrad biz education and proof of work.

15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
PrancingCoconut
PrancingCoconut
KPMG15mo

Ye Founders office / CEO’s office kya hota hai ?

GroovyBoba
GroovyBoba

Assistant to the regional manager

PrancingQuokka
PrancingQuokka

The perfect explanation doesn’t exist….. 😂😂

WobblyMarshmallow
WobblyMarshmallow

Current Comp?

ZippyPancake
ZippyPancake

Was working while enrolled in college. This will be my first yearly comp conversation. Need info to benchmark for myself.

WobblyMarshmallow
WobblyMarshmallow

around 15 LPA would be a good benchmark, if you believe in the vision, try to go higher on ESOPs

WigglyPotato
WigglyPotato

Are you from a tech background?

ZippyPancake
ZippyPancake

Not from tech, I studied business / finance. But I've worked with tech co's.

WigglyPotato
WigglyPotato

how likely are they to hire from a non tech and non business background

ZippyPancake
ZippyPancake

For Series B, minimum I would ask for is 12 fixed + 3 variable. ESOPs I would ask for at least 10 coz only 25% vests in Year 1

Source: Chief of Staff of VC-backef startup here

WigglyBanana
WigglyBanana

At Series B - I'd say you should ask for around 14/15 cash and then ESOPs on top of that

ZippyPancake
ZippyPancake

Updating the thread for anyone following:

I landed 10L fixed (including joining bonus) and 2L ESOPs.

I would have been happier with 12L fixed and 5L ESOPs but they refused to negotiate over the current structure.

The reason they gave me for the ceiling was that I am fresh out of college and comp benchmark for people from similar education backgrounds (who usually land entry level Big 4 roles).

My comp seems good in comparison to my peers currently but seems lower from an industry benchmark perspective as stated in the thread.

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