1/ How much comp should the first engineer at a venture backed startup get–cash + equity? I’ve been asked this question tens (hundreds?) of times over the past months by both founders and engineers looking to join at the pre-seed/seed stage.

RT @HF0Residency: 10.28.2024 // Matt Schulman (@Matthewschulman)

RT @alexrkonrad: @Mark_Goldberg_ @ethankurz @kshenster @IndexVentures @BessemerVP @a16z @Forbes @ForbesTech One big Q for a new fund like C…

In SF, we've been complaining how annoyingly hot the past week has been (80-90F & sunny) Meanwhile, my friends in Tampa are about to get hit by their 2nd hurricane in 2 weeks Makes me realize how spoiled (& soft) we are in California Sending my prayers to those in Florida

I welcome your thoughts.

Reason 2: Interestingly, 28% of M5+ Brazilian leaders are women (much higher than Poland), but only 8% of Brazilian engineers are women; 8% is the lowest women engineering representation rate in our study.

🇧🇷 Brazil also stands out for two reasons due to its 48% “raw” gap and 80% “normalized” gap. Reason 1: the normalized gap is 80%–the lowest in our study–meaning that representation is likely only one part of the problem.

Some observations from around the world: 🇵🇱 𝗣𝗼𝗹𝗮𝗻𝗱. Poland has a massive gap between the “raw” (53%) and “normalized” (92%) pay gap. Why? Representation plays a large hand.

And then let’s investigate how dramatic the “representation” rate gaps are for women in leadership and technical positions and how this plays a large hand in dragging down the “raw” pay gaps.

Today, let’s go a level deeper and compare the “raw” vs. “normalized” salary pay gaps around the world.

𝗪𝗵𝘆 𝘁𝗵𝗲 𝗯𝗶𝗴 𝗱𝗲𝗹𝘁𝗮? 𝗜𝘁 𝗶𝘀 𝗹𝗮𝗿𝗴𝗲𝗹𝘆 𝗱𝘂𝗲 𝘁𝗼 𝗹𝗼𝘄𝗲𝗿 𝗿𝗲𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘄𝗼𝗺𝗲𝗻 𝗶𝗻 𝗵𝗶𝗴𝗵𝗲𝗿 𝗽𝗮𝘆𝗶𝗻𝗴 𝗷𝗼𝗯𝘀 (𝗲𝘅𝗲𝗰 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝘀, 𝘁𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗥&𝗗 𝗿𝗼𝗹𝗲𝘀, 𝗲𝘁𝗰.)

🇺🇲 In the USA, for instance, the "raw" salary gap for women as a proportion of men comp is 78.06%. Meanwhile, the “normalized" salary gap is 95.24%.

RT @hvost: Design ICs earn *more* than design managers. I analysed 13,074 design salaries at 3096 companies for my upcoming book. On “par…

@ankurnagpal would love to read, thanks

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