Analyzing AngelList Job Postings, Part 2: Salary and Equity Benchmarks - Stop thinking about productivity, and start thinking about focus.
Hatched by Kazuki Nakayashiki
Jul 26, 2023
4 min read
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Analyzing AngelList Job Postings, Part 2: Salary and Equity Benchmarks - Stop thinking about productivity, and start thinking about focus.
In the world of startups, one of the most crucial decisions founders have to make is hiring the right team. And when it comes to attracting top talent, salary and equity are two key factors. In this article, we will delve into the benchmarks for salaries and equity in engineering jobs in Silicon Valley based on AngelList job postings. We will also explore the concept of focus and how it can contribute to personal and professional growth.
Let's start with the benchmarks for salaries and equity. It's important to note that these benchmarks are not hard-and-fast rules, but rather guidelines based on a medium-sized sample. For employees 2 through 13, the salary ranges are as follows: the 20th percentile salary range is $75k - $100k, the 50th percentile salary range is $85k - $125k, and the 80th percentile salary range is $100k - $150k. As for equity, it varies based on the employee's position in the company. The first hire typically receives 2% - 3% of equity, while hires 2 through 5 receive 1% - 2%. The equity percentage decreases as the number of hires increases, with hires 28 through 34 receiving 0.25% - 0.5% of equity.
While these benchmarks provide a general idea of what to expect, it's essential for founders to be cautious about being too generous with equity, especially in the early stages of the company. Giving away too much equity can hinder future hiring efforts, fundraising, and decision-making power for founders. It's crucial to strike a balance between attracting top talent and preserving the company's long-term prospects.
Now, let's shift our focus to the concept of focus itself. In today's fast-paced world, productivity has become a buzzword. However, rather than fixating on productivity, we should prioritize focus. Focus is not just about achieving a result; it is a state of deep engagement with the task at hand. When we enter a focused state, we experience intense pleasure and are unaffected by distractions and mundane issues. Focus is an optimal state that can lead to both qualitative and quantitative improvements in our work. In other words, productivity is the by-product of focus.
To cultivate focus, we must learn to trust our judgment and develop self-awareness. Focus requires confidence in ourselves and our ability to make sound decisions. It is a practice of setting boundaries and committing to the task at hand. By trusting our judgment and remaining true to our state of focus, we not only produce better work but also contribute to our personal growth and development. It's important to remember that focus is a lifelong practice, and rather than being frustrated by it, we should embrace it as an opportunity for self-growth.
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