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Earlier quoted context omitted.
What I mean is, Europe generally does not even come close to that level of pay/compensation. So I assumed that these are US based startups. I could be wrong though.
I guess the salary figures are largely influenced by US figures, $101k-$150k for mid-level engineer is definitely not the norm in europe.
Earlier quoted context omitted.
What does this article have to do with Europe? I know First Round is based in SF, but they don't state where the startups are located - the only mention of the US is when comparing demographics of the workforce with the US itself.
What I mean is, Europe generally does not even come close to that level of pay/compensation. So I assumed that these are US based startups. I could be wrong though.
This is a duplicate post. First post: https://news.ycombinator.com/item?id=13080477
I just picked data which I find interesting and not obvious, there's much more information which I don't cover. Data is in chronological order and often aggregated to less numbers. 700 founders inside and outside of FirstRound were surveyed.
- 7 of 10 say bitcoin is overhyped
- cofounder relationship: 5% fired their cofounder, 5% are strained, 40% collegial, 28% best friends
- 13% sold secondaries
- 61% optimise on growth, rest on profitability
- 52% want to fire up to 10 people, 32% up to 50, 10% more than 50 the next 12 months
- Hardest people to hire: tech, sales and marketing leader
- 90% of mid-level engineers get - Most (55%) of mid-level engineers get between $100K and $150K
- Primary drivers of company culture are tech, sales and design
- Most (43%) people leave between 6-7pm, 10% work longer than 8pm
- 75% could close a round in 4 months or less
- 78% pitched less than 20 investors
- 76% raise exactly or more compared to what they planned
- 55% expect that raising gets harder the next 12 months
- 22% of investors didn’t meet expectations
- 20% - Most popular sectors are enterprise, consumer, fin-tech
- 43% web, 29% mobile, 1% VR
Thumbs up for the optimism!
I love this one: How confident are you that you're building a billion dollar company? Answers: 1. I'm certain that we will - 18% 2. I'm confident we have a decent shot at it - 42% Thumbs up for the optimism!
So 10% of startups give out more than 1% of equity to a mid-level engineer ? Perhaps this is a small sample, but it sounds odd.
Earlier quoted context omitted.
What does this article have to do with Europe? I know First Round is based in SF, but they don't state where the startups are located - the only mention of the US is when comparing demographics of the workforce with the US itself.
What I mean is, Europe generally does not even come close to that level of pay/compensation. So I assumed that these are US based startups. I could be wrong though.