Compensation for a CTO in NYC

New / Mgmt
BSuj54

Go to company page New Mgmt

PRE
BlackRock
BSuj54
Mar 6, 2018 6 Comments

Where is the market at for base/equity for a CTO at a series A startup in NYC ? Joined as employee #3 promoted to the CTO role, company is a FinTech that has raised series A, valued at about 30mm.

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TOP 6 Comments
  • HPE
    WCmF21

    Go to company page HPE

    WCmF21
    Series A companies are stock plays. Essentially they will usually give u around 200 flat nothing else. But as CTO you can ask for 2% of the company, if they are not doing that don't do it!

    Also series a startups go through a lot of gyrations and musical chairs at the top. So see if you can get a waterfall vest if you are ever let go.

    Also see if you can protect some portions of your shares from dilution.
    Mar 6, 2018 1
    • Houseparty
      usenthrow1

      Houseparty

      usenthrow1
      Will waterfall vest help? They could just demote you and not let you go. AYou may have a title of CTO but the company can easily bring in a VP or svp or chairman or whatever who is given actual power
      Mar 6, 2018
  • When you get to roles like CTOs I don’t think it’s easy to tell average salary, as it will be very dependent on the company, the pay structure, what your *actual* job is
    Mar 6, 2018 1
    • New / Mgmt
      BSuj54

      Go to company page New Mgmt

      BIO
      Startup CTO. Previously at large financial co.
      BSuj54
      OP
      What's a good way to structure the discussion?
      Mar 6, 2018
  • Google
    lGIGTT1275

    Go to company page Google

    lGIGTT1275
    What did you end up finding out? Considering a similar opportunity
    Dec 20, 2020 0
  • Mar 6, 2018 0