What is the source of initial data for startups?
Open Salary and Equity Database
41–50 of 76 posts
Re: Open Salary and Equity Database
#42The equity (%) without the actual cash value of the options is basically a vanity number - it does not mean much and is not comparable between the companies.
Percent isn't a useful metric by itself, but it's often more useful than number of options or grants. Often that's what is pitched to prospective hires. Or, worse, an ill-defined number of shares and a highly optimistic valuation of an illiquid entity.
Re: Open Salary and Equity Database
#43UI feedback: all the tags on the page need to be clickable, taking me to searches with that filter applied (e.g., "Crypto", "Logistics", "Y Combinator", etc).
Re: Open Salary and Equity Database
#44I was very confused until I realized the link doesn't match the title at all.
The title of this submission is linked to this url:
https://topstartups.io/startup-salary-equity-database/
(though the actual title there is "Startup Salary & Equity Database")
Otherwise you do not get any salary/equity information. You get links to who works here (LinkedIn), reviews (GlassDoor), company web sites and jobs (Lever).
The title of the linked submission is "Top Startups 2022 - Funded by Sequoia, A16Z, Y Combinator"
Re: Open Salary and Equity Database
#45I'd love to search by company name but that doesn't seem to be an option
Re: Open Salary and Equity Database
#46I guess there's some value to a listing of salary/equity figures without the associated company, but it would be far more valuable if the company were included. One thing I really like about levels.fyi is that their comp data streamlines my job search process. E.g., get pinged by a recruiter from a company where comp is 75% of my current comp -- hard pass. Get pinged by a recruiter from a company where comp is 150%+ of my current comp -- perhaps we'll chat. Without that data, it's awfully time-consuming to go through the process only to find that the comp numbers are a non-starter.
Re: Open Salary and Equity Database
#47I don't understand how we can ever know if ANY of these self-reported salary databases are accurate.
Re: Open Salary and Equity Database
#48Re: Open Salary and Equity Database
#49Earlier quoted context omitted.
Whilst I agree equity % alone doesn't give you a picture of the value of those options, what it does communicate is whether it's the kind of company that actually gives out meaningful equity, which is useful information. It tells you if the company is actually serious about making a big exit a life-changing event for all early employees.
The IPO price can be $1B or $100B -- that's wide variance in life-changing. % needs context of how many other employees there are and what the valuation is a grant time.
Note that I specifically didn't say that the % tells you if the amount actually is life changing, just that it tells you whether the founders are serious about giving early employees a shot at such an outcome.
The signal is about the founders themselves, which is an important consideration when joining a startup.
Number of shares and current strike price + latest valuation, along with any practices for minimising tax burden, are still hugely important pieces of information. My point was simply that even just the percentage tells you something about whether it's a good company to join.
Re: Open Salary and Equity Database
#50I was very confused until I realized the link doesn't match the title at all. The title of this submission is linked to this url: https://topstartups.io/startup-salary-equity-database/ (though the actual title there is "Startup Salary & Equity Database") Otherwise you do not get any salary/equity information. You get links to who works here (LinkedIn), reviews (GlassDoor), company web sites and jobs (Lever). The titl…
They might have truncated it, there _is_ a salary page ([1]) that lists people's (self reported) salaries, equity, and series.