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How much equity do I need to offer CTO?
It depends if they are Founders or Non Founders and it can be anywhere from 1-33 percent. Why the 33 percent, because if you are less than 3 people and can not survive w/o a technical/co founder/CTO then they are worth it. If you just need a CTO then its in the 1-4\% range.
How much equity should I give a technical cofounder?
The technical cofounder gets 25\% of the company. [2] Working prototype (not just wireframes) -10\%: If a non-technical cofounder has a working prototype, they’ve likely assumed some risk already to build the prototype (perhaps by contracting it out).
How much equity should a developer get?
Something else to consider is that, if your startup is new, you’ll need to offer a decent percentage to account for the risk your developer is taking — typically a minimum of 25\%. This can become a problem later on, when you’re trying to raise funds to expand your company.
How much do you pay a CTO?
$9,708 is the 25th percentile. Salaries below this are outliers. $16,630 is the 75th percentile. Salaries above this are outliers….What are Top 10 Highest Paying Cities for CTO Jobs in California.
City | Los Angeles |
---|---|
Annual Salary | $189,053 |
Monthly Pay | $15,754 |
Weekly Pay | $3,636 |
Hourly Wage | $90.89 |
How much do CTO startups make?
Startup CTO Salary
Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $207,000 | $17,250 |
75th Percentile | $155,500 | $12,958 |
Average | $129,782 | $10,815 |
25th Percentile | $91,000 | $7,583 |
How much does a startup CTO make?
How much equity should I have in a startup?
On average seed startups will issue from 2\% to 8\% of stock options (from the fully diluted shares). If a CTO is needed, he may get 1\% to 4\%. Other employees will typically split the rest, adjusted for experience, seniority, needs of the company, and skillset. You typically can ask for 0.25\% to 2.0\%.