How does compensation change with fund size?

For privately held companies, we know how it (generally) goes – as a company raises more capital, the total cash increases as the equity decreases on the compensation front. While the exact mix of cash and equity depends on the role and company specifics, the same pattern generally holds true for investors at venture capital […]
Private Company 2027 Salary Increases 2027: How to Plan
Whether you’re a founder or CEO thinking on behalf of the company or an individual wondering about your own compensation, by this time of the year, salary increases have probably crossed your mind. And for good reason. There’s a lot of movement in the private capital market. The way companies are hiring is very different from […]
How does executive equity change from Seed → Series A → Series B?

While we like to stay away from the word *should*, the real question is – how does executive equity change as a company raises capital? This week, we’re continuing our deep dive to answer your frequently asked compensation questions. Using the comp planning tool from the Thelander Platform, (a hybrid of our dataset and consulting […]
Startup Compensation Benchmarks: The 7 Hires You Need to Get Right

A few weeks ago, we read an a16z newsletter on the “7 hires a hardware startup needs to get right” that outlined the seven functions (besides engineering) that determines whether a “great product ever becomes a great business.” Which include: Manufacturing, Deployments, Supply Chain, Finance, Sales, Policy and Marketing. And while the piece described how to find […]
What does a Chief of Staff make at Venture Capital firms?

If you’ve been scrolling LinkedIn and you’re in the private capital market, chances are you’ve seen firms hiring for a Chief of Staff (CoS). Since we added the title into the Thelander-PitchBook Investment Firm Compensation Survey in 2023, not only have we seen the number of respondents surge, but the compensation too. At what point […]
QSBS Eligibility: How Investment Firms Track It

Carried Interest & Management Fees Report Have you participated in the Thelander-PitchBook Investment Firm Compensation Survey yet? Secure your complimentary Carried Interest & Management Fees Report when you complete your response by August 17th. Click here to participate. Exclusive Preview From the 2026 Report So far, more than half of respondents keep track of which investments […]
Biotech CEO Compensation: The Real Inflection Point

The real inflection point in biotech CEO compensation isn’t between early and late clinical trials. It’s the leap from pre-clinical to clinical. In this data drop, pulled directly from the Thelander Platform, we looked at how median total cash, founder and non-founder equity changes across biotech stages of development. Pre-Clinical → ClinicalMedian total cash: $329,067 […]
AI in Venture Capital and Private Equity: How Firms Differ

Using data from the Thelander AI in VC report (available on the Thelander Platform for no charge), we looked at how AI in venture capital and private equity is being used in very different ways — and the data shows a clean split by firm type. VC firms are more likely to use AI for […]
Venture Capital Compensation by Role: What the Data Actually Shows

Any day Thelander data is used in a Halle Tecco, MPH, MBA blog post is a good day. Halle updated her post on “The Many Roles at a Venture Fund — And How to Land Them” with real-time (& exclusive) compensation data from the Thelander platform for six job titles. We customized the data by […]
Investment Firm Compensation: What Associates and Managing Directors Are Making

In honor of America’s 250th birthday, we’re sharing real-time comp data (straight from the Thelander platform) for all investment firms with $250 – $499M AUM and a most recent fund of $250 – $499M. Here’s what Associates & Managing Directors / Partners are making: Chart #1: AssociatesTotal cash ranges from $133,750 at the 25th percentile […]