A Look at the Paydays of Top Tech Founders
An article we liked from Thought Leader Sammy Abdullah of Blossom Street Ventures:
Founder ‘Paydays’ at Exit
When a startup founder shepherds his company to a successful exit (IPO), what are the paydays like?
We dove into major tech IPO’s since 2018 to find out. Note that paydays aren’t necessarily what the founders took home at the IPO (shares are usually subject to a 6 month lockup), rather they’re what the founder was worth at the IPO price on the day the company IPO’d. It’s not the same as cash, but it still feels quite good. The data is below.
A few observations stand out.
The paydays are massive. The median and average paydays were $399mm and $918mm respectively. Median and average ownership were 9% and 12% respectively.
Uber, Spotify, UI Path, Coinbase. The Uber, Zoom, Spotify, UI Path, and Coinbase founders did exceptionally well, clearing well over a billion. Note that in the case of Zoom, the founder owned...
Read the rest of this article at blossomstreetventures.medium.com...
Thanks for this article excerpt and its graphics to Sammy Abdullah, Co-founder at Blossom Street Ventures.
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