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 […]
Operations Managers Pay is Up 31% – Here’s Why

As venture rounds get bigger and the sub-$5M round disappears (PitchBook), it’s changed the way that companies recruit and retain talent – and the YoY compensation data is changing as a result. Take Operations Managers at companies that have raised less than $15 Million. Median total cash compensation has increased from $87,500 in 2022 to […]
What Talent Partners at Venture Capital Firms Are Making

Venture capital firms are increasingly building out dedicated talent teams to help portfolio companies hire executives and scale their teams, a model long used by CVC Units. As these roles have become more strategic, compensation has followed. We dug into the Thelander YoY dataset (available through an investment firm subscription) to see what Talent Partners […]
Private company M&A activity is up. Is your company prepared? Find out in 2 charts.

Global M&A hit a historic milestone in Q1 2026. According to PitchBook, “total deal value reaching an estimated $1.6 trillion—a new quarterly record—up 50.6% YoY despite a backdrop of trade policy uncertainty, geopolitical tension, and AI-driven disruption risk.” North America led the way, and “liquidity remains abundant with buyers and sellers finding terms.” With M&A […]
Startup Tech Compensation Trends: IT Manager Pay Has Nearly Doubled. Software Engineer Pay Hasn’t.

Last week, Katherine Bindley from The Wall Street Journal published an article on “The Tech Jobs That Are Safe From AI.” She reported that senior IT and computer science job postings are up YoY – while entry level postings are down – which motivated us to look whether the same was true for compensation at […]
Pay Transparency Is Exposing a Bigger Problem: Private Companies Can’t Explain Why They Pay What They Pay
In a Fortune article published this week on the pay gap and pay transparency, the takeaway wasn’t that companies aren’t sharing pay — it’s that they can’t explain it. Private companies with fewer than 200 employees need a salary structure with total cash and equity ranges. And sure, having a job architecture and salary structure […]
One in three investment firms gift vertical slices of carry into trusts. Is yours one of them?

Carried interest is one of the most powerful levers in venture capital and private equity compensation. In our recent webinar with GetDynasty.com, we discussed putting part of your carried interest (and committed capital) into vertical trusts. Here’s what the data says, and what you need to know before you act. When it comes to gifting […]