Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Explore Salaries and Equity at AngelList

angel.co

Post reply on HN
Print view View original

21–30 of 66 posts

Re: Explore Salaries and Equity at AngelList

#22

Post by dpeck »

joshmlewis wrote: post #19
dpeck wrote: post #16

Perhaps my perception of the cost of living multiple for the bay area is distorted, but I can't believe that anyone is working as a developer there for the lower side of that curve. Those offerings seem comparable to what I see here in Atlanta.

What's the startup scene in Atlanta like? I visited MailChimp there and attended a conference a few months ago. I live in Greenville, SC and we have an interesting little hub here.

Honestly, I'm kind of one off from the startup scene. I have quite a fews friends and acquaintances involved in it, but I've always worked for small to lower mid size stable companies or firms designed to stay small.

But that said, my somewhat outside opinion is that things are going well and getting better. There are some good hotspots of startup activity with hypepotamous (http://www.hypepotamus.com), Atlanta Tech Village (http://atlantatechvillage.com/), Flashpoint and a couple other accelerators.

Combined with the human and other resources from Georgia Tech, other colleges, and I think its a good place to be.

Re: Explore Salaries and Equity at AngelList

#23

Post by rhizome »

psychotik wrote: post #3

A mobile developer with iOS skills makes 65k in San Jose but 90k+ in all the little cities around it. Something must really suck about San Jose. ;) Practically though, this exposes their underlying data source. Averaging across limite data sources can suck sometimes.

To be sure, it looks like a first alpha. Maybe they hired a new JS person over the holidays and this is their first deliverable.

Re: Explore Salaries and Equity at AngelList

#24

Post by greghinch »

I would take job postings on AngelList with a grain of salt. We're keeping an eye there quite a bit recently, and it seems there are strategic reasons (as in make it look like you are doing well to investors) to be posting jobs on a site like AngelList more than the practical ones. I'd say the equity numbers are probably closer to reality than the salaries (I'd be shocked if you as a developer got more than 3% at any company that is beyond seed round). Of course early-mid stage startups aren't going to just flat out offer lots of money, they are trying to make their runway last as long as possible.

Re: Explore Salaries and Equity at AngelList

#26

Post by danielweber »

outside1234 wrote: post #15
mbesto wrote: post #7

Earlier quoted context omitted.

I question why equity is on a bar chart as it's not a directly comparable attribute. 1% of a 100,000 units is incrementally different from 1% of 10,000 units. It does at least "set a bar", so I could potentially say "well on average 1% of the company for a developer is average."

I don't understand your statement about how 1% of 100,000 shares is different from 1% of 10,000. How is it different?

You reminded me of the startup I did where we would offer people 1% of the company, and the candidates would say "that's only 2000 shares. This other company is offering me 50,000 shares."

It can get depressing trying to hire people sometimes.

Re: Explore Salaries and Equity at AngelList

#30

Post by noname123 »

According to Glassdoor:

Sr. Software Engineer at Google, on average (sample size of 189) make $145K on average with $63K bonus for $200K per annum.

So for an average equity of 1.125% for developer (according to angel.co) and average salary of $93K, a startup has to make a non-diluted exit of 8.56 mil on the first year, 17.1 mil on the second year and 25.6 mil in the third year to justify the opportunity cost.

Of course, not every developer can make $200K per year but just food for thought of working for startup vs. BigCo.

Post reply on HN