• Early-Stage CEO Salaries: Best Practices and Common Pitfalls

  • Dec 9 2024
  • Length: 23 mins
  • Podcast

Early-Stage CEO Salaries: Best Practices and Common Pitfalls

  • Summary

  • In this insightful episode of "Venture Declassified," hosts Mike Kelly, Ben Pidgeon, and Jacob Spock tackle the often contentious topic of CEO compensation in startups. With an engaging and dynamic discussion, the trio delves into the intricate balance of aligning executive pay with company milestones and investor expectations.

    Key Topics

    • Budget implications of CEO compensation with regard to business longevity and milestones.

    • Risk of misalignment with post-money valuation.

    • Signs of bad salary practices.

    • The harmful impact of exorbitant CEO salaries on a company’s future and investor alignment.

    • Real-world examples of inappropriate executive compensation.

    • Discussing salary disclosure upfront during investment conversations.

    Adjusting founder compensations based on milestones.

    Connect

    Mike Kelly
    LinkedIn - Start Something Ventures

    Ben Pidgeon
    LinkedIn - VisionTech

    Jacob Schpok
    LinkedIn - Elevate Ventures

    Hear more interviews and stories like this one at www.VentureDeclassified.com

    The information provided on the show is not intended to be investment advice and should not be relied upon as such. The investors on today’s episode are providing their opinions based on their own assessment of the businesses or topics presented. Those opinions should not be considered professional investment advice. If they start up pitched as a part of this episode, it is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell, subscribe for or buy any securities.

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