Private Company (Startup) Compensation: Equity 101

Equity 101 for Private Companies: How to Structure Startup Compensation from Day One Adapted from a Thelander “Comp Talks” lunch-and-learn with Jodie Thelander (J. Thelander Consulting) and Ally Marada, Partner in the Compensation & Benefits practice at Cooley. Getting equity compensation right is one of the highest-leverage decisions a private company makes — and one […]
Thelander – PitchBook Investment Firm Compensation Panel Webinar
December 2, 2022 Why Carried Interest Does Not Vest Like Startup Equity Anyone moving from an operating role into an investment firm brings a mental model of vesting that quietly does not apply. At a startup, the four-year schedule with a one-year cliff is close to universal — you rarely negotiate it because there is […]
Thelander Private Company Compensation Panel Webinar (Nov 10th)

December 12, 2022 What Private Company Executives Get Wrong About Equity Executives joining private companies tend to negotiate hard on base and bonus, then accept the equity portion of the offer more or less as presented. That is backwards. At most private companies the equity is where the outcome actually lives, and it is also […]
Thelander Investment Firm CVC Compensation Panel Webinar
March 30, 2023 Corporate Venture Compensation: Why It Does Not Look Like VC Corporate venture capital has spent the last decade turning into a profession. Roles that once existed as a handful of loosely defined jobs now come with formal titles, defined career tracks, and levelling that holds up against the venture market. Compensation has […]
Thelander Private Company Comp Panel Webinar – March 7th 2023
April 14, 2023 When Employee Equity Goes Underwater: Repricing, Refresh Grants and Carve-Outs For most of the last fifteen years, the working assumption at private companies was that each round would price higher than the last. Flat was the bad case. That assumption broke, and down rounds returned at levels not seen since the global […]
Thelander CVC Compensation Panel Webinar (5/9/24)

June 3, 2024 The Two Bosses Problem in Corporate Venture Compensation A corporate venture investor answers to two masters, and the compensation structure has to survive both. The parent sets the mandate and holds the purse. But to get into good syndicates and win competitive deals, the unit has to behave like a venture firm […]
Private Company Independent Board Member Compensation Panel
June 3, 2024
Thelander Q1 Private Company Compensation Trends & Insights
March 6, 2025 What Happens to Equity After the Initial Grant Most discussion of startup equity stops at the offer letter. The more consequential decisions come later — when a financing closes, when a grant fully vests, when someone has been diluted past the point where their original award still makes sense. These are the […]
Thelander Q1 2025 Investment Firm Compensation Panel Webinar with PItchBook & Cooley

March 6, 2025
Thelander-PitchBook Global Insights into Investment Firm Compensation Panel Webinar YoY Trends
March 6, 2025