Startup comp figures?
I just left banking after 2~ years for an AI startup and my base is $180k now with 20-40% cash bonus plus equity. Hours are much better as well. Curious to hear what your ranges are?
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How'd you find this opportunity just curious?
What's your role? How much did they raise? What stage are they?
I'd consider your comp 99th percentile. I'm a co-founder at a Series B company and there's no way I'd pay $180K base + any bonus for someone with only 2 yrs of banking. You'd be a P2 in my book since you have almost no experience so that's the $120K-$131K base band with no variable.
I've hired ex-bankers but they also had 3yrs+ of FP&A experience and they still weren't $180K base.
That said, good on you for finding a role that pays that much and doesn't demand intense hours.
Ya but you almost assuredly aren’t hiring A players that would leave banking / finance for 120k lol
Correct, because it's a skillset mismatch. I don't need a 24yr old that knows every excel shortcut. I need experienced people that can build repeatable systems and processes.
It's the same reason I don't hire anyone straight out of consulting either.
Agree with Determined above. This is ridiculously high unless it is for a technical role.
Non- technical , I can name at least four start ups I have friends at that which pay within this range
would you mind shedding light on the stage/$raised?
Also would be helpful to understand their YoE. People coming 2yrs out of banking shouldn’t expect a comp increase going into FP&A.
It's probably one of those dead in the water AI finance companies like Rogo lol
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