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ARTICLE · 12 JULY 2012

Compensation At Startups

Foley Hoag LLP
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I am asked all the time about compensation. How much should I pay my CFO? My CEO? My… you fill in the blank.

United StatesEmployment and HR
Foley Hoag LLP
Foley Hoag LLP
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I am asked all the time about compensation.  How much should I pay my CFO?  My CEO?   My... you fill in the blank. 

The problem is that we are all prisoners of our own experience.  I have represented a lot of technology startups over the years, but it is still not a representative sample.  Time is also a factor the "going rate" (if there can be said to be such a thing) was different ten years ago that it is today. 

Perhaps some of the larger more active VC funds can get a representative current sample by looking at their existing portfolio companies.  But, most people really need industry data. 

So, here is a web site CompStudy that looks like it may fill the data gap, and you can get their data.  Below are two paragraphs taken from the CompStudy site.

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