Founder Paydays at Exit (IPO)(blossomstreetventures.medium.com) |
Founder Paydays at Exit (IPO)(blossomstreetventures.medium.com) |
"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.
Plus the tone of the article makes it seem like a quick marketing piece to try and advertise their VC fund.
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.
Well, 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.
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.
It also self-selects for "major" offerings as well. I'd be curious to see this table for ALL tech IPOs.
It claims an "average" from this list while intentionally neglecting less-successful IPOs and downright failures.
Also, I'd be curious to see what the exits are after the 3-6 month lockup period. Some startups IPO decently, but then tank.
Therefore "mm" is the most unambiguous way to denote millions, and is used in accounting.
For consistency, the author's use of "bln" should be "BB", or at least "B". These have no Roman antecedents, but they are common in accounting.
I've never seen "MMM" for billion. Missed opportunity! I'll have to suggest that to our CFO for our next filing.
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.