How much do these CTOs get paid ??
Am curious to know about CTO salaries. I see some folks leaving jobs in the US and joining some funded startups here in blore / India ? Do Esops occupy a major chunk of their TC ?
SteepHost15
What's the average salary range for a CTO role at an extremely early stage startup?
I understand that the compensation will be tied tightly with performance, so mostly equity.
19mo ago
LegalTimer90
stealtg19mo
Know a senior who joined as a cto after yoe1 at a crypto startup and they offered him 7.5% equity. Since it was an American company his salary was in crores(250k usd). The cash component can vary a lot. I know another person who joined a startup as core member with 0.05% equity, got paid only 12lpa till the time that startup reached 100+ people and then increased his salary to 40lpa
SteepHost15
Stealth19mo
Holy hell.. 250k usd! Crypto broskis be crazy. Looks like my path will be similar to the second guy you mentioned.
I hope to get more equity though.
LegalTimer90
stealtg19mo
That crypto startup has already failed btw. Anyway he earned enough in his 1.5 year job and has now got another job. If you do end up taking very less cash, make sure that you know what's the exact runway and don't compromise on your lifestyle unless you're 100% convinced that the company is going to reach its ambitions
potatomato
Fintech Startup19mo
Around 2-5% equity if not an founding role, upwards of 10-20% if founding, depending on the industry (non tech vs tech)
Cash components will depend on how much seed funding they have. CTOs may take no salary to a couple of crores.
SteepHost15
Stealth19mo
Very cool. thanks!
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