What is the 'typical' percentage of stock options for an incoming VP of Sales for a $5M software start-up? 1% 2%?
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The numbers vary greatly based on stage of startup, experience of the VP, etc. There are generally three parts to the compensation: Some base salary, some performance-based bonus/commission and some options. For a $5 million software startup, something around a 1-1.5% is relatively common. |
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1--1.5%. Usually will be less than your VP of Marketing, but all these things can vary quite a bit. You probably should buy some comp data if your VCs don't have any (you can get some data for under $1k) so you know what ranges make sense for all the jobs you need to fill. Your VCs likely have some metrics for compensation in their own portfolio available, minimally. |
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