{ "media_type": "text", "post_content": "I was offered the CEO position at a greenfield startup backed by a big firm to start from 0. \nDoes anybody know what should I be looking for as a comp. package? they are offering equity % + salary $$$", "post_id": "5bdaa3327802510012b746d5", "reply_count": 17, "vote_count": 6, "bowl_id": "5ae4a4f739e7cb001391ec8b", "bowl_name": "Consulting Exit Opportunities" }

I was offered the CEO position at a greenfield startup backed by a big firm to start from 0. Does anybody know what should I be looking for as a comp. package? they are offering equity % + salary $$$

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At least 51% equity. Tell them you've got to have skin in the game and be able to make all the decisions!

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Umm you’re gonna be the CEO but you can’t even figure out what comp to ask for? Something tells me this startup’s gonna go far 😂

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“I was offered a job as CEO, what does that do?"

likefunny

Why would the founder of the company not want to be ceo? What are you bringing to the table? How replaceable are you? What is current value proposition of the startup? Do you see any value in the offering? Above should help you.

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I’d be cautious. Founders not involved, no team readily available to help, pressure from investors - sounds like you’re going to tank, unless you’ve done something like this before and turned a profit. If you do go for it, be prepared to leave/get let go after about a year, definitely two

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You can have whatever you like

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a16z just had their salty research leaked. Get to googlin’ for the details, which included equity, salary, and enterprise/consumer versions

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Agreed with TWE. Whatever they offer cash, if you can live with it, take it... then ask for 50% more equity than they offer

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:facepalm:

You the CEO, demand the moon

You want anti liquidation.

For such a big role I’d pay for a salary benchmark report.

Genuinely curious, what’s the difference between “greenfield” and “brownfield” in the startup world?

Chief Entertainment Officer?’

Did you take the role OP? Curious to know how it’s going

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