Nothing like publishing a textual data table as a giant picture. "If this data doesn’t get you off the couch and coding the next great product, I don’t know what will." If the hope of a 9 digit payoff is what's motivating you to start a company, you're better off trying your luck on a roulette wheel.
Founder Paydays at Exit (IPO)
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Re: Founder Paydays at Exit (IPO)
#12Missing are the zeros (and negatives)
Re: Founder Paydays at Exit (IPO)
#13Given that Cal Henderson & Slack appears in the chart twice with different numbers each time, I'd take these figures with a grain of salt. Plus the tone of the article makes it seem like a quick marketing piece to try and advertise their VC fund.
Re: Founder Paydays at Exit (IPO)
#14Missing are the zeros (and negatives)
I don't think most people have the bandwidth to download a chart that reflects the employees who get screwed.
Re: Founder Paydays at Exit (IPO)
#15Re: Founder Paydays at Exit (IPO)
#16Slightly off topic, why do people use `mm` as the symbol for millions? Why not just `m` ?
Re: Founder Paydays at Exit (IPO)
#17Given that Cal Henderson & Slack appears in the chart twice with different numbers each time, I'd take these figures with a grain of salt. Plus the tone of the article makes it seem like a quick marketing piece to try and advertise their VC fund.
Ah, the repeated companies had me confused for a moment, too! The list is partitioned by { company, founder } (note the different ownership percentages), which is why some companies appear multiple times.
Additionally sometimes the founder's name is right in one row but not in the other e.g. Cloudflare's Matthew Prince (right) vs Matthew Price (wrong).
Not a good look.
Re: Founder Paydays at Exit (IPO)
#18Additionally sometimes the founder's name is right in one row but not in the other e.g. Cloudflare's Matthew Prince (right) vs Matthew Price (wrong).
Not a good look.
Re: Founder Paydays at Exit (IPO)
#19Well, that’s a severe lack of imagination by the author. I can think of lots of reasons to start coding a new project that are not how much a few dozen of people earned in an IPO.
Re: Founder Paydays at Exit (IPO)
#20Earlier quoted context omitted.
I don't think most people have the bandwidth to download a chart that reflects the employees who get screwed.
Do employees get screwed, or is it just that too many of us employees sign on and see the word equity and think that means we're suddenly co-founders?
If you take a market salary, and see equity as what it is (a lottery ticket that might, maybe get you a few tens of grands) then it's fine.