New data. Let's goooo.
Our State of Startup Compensation for H1 2024 went live this morning. You can read the full thing for yourself right now.
Here are a few highlights:
Salary and equity held steady: The market seems to have landed on a new normal for equity packages, which had previously declined sharply in late 2022 and 2023.
Hiring hasn't picked back up: There were fewer new hires this January than in any of the previous four Januaries.
Companies raising cash are leaner: Startups that closed seed funding in H1 had an average of 5.3 employees, down from 6.9 in H1 2021.
Don't miss the downloadable addendum at the end of the report for even more data on startup equity for advisors, employees,and board members. We even broke out total headcount at time of fundraise across industries!
As always - hit me here with feedback on the report and what we should include next time.
Subscribe here if you're new to the Data Minute. Forwarding encouraged!
Peter Walker
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