I just picked data which I find interesting and not obvious, there's much more information which I don't cover. Data is in chronological order and often aggregated to less numbers. 700 founders inside and outside of FirstRound were surveyed.
- 7 of 10 say bitcoin is overhyped
- cofounder relationship: 5% fired their cofounder, 5% are strained, 40% collegial, 28% best friends
- 13% sold secondaries
- 61% optimise on growth, rest on profitability
- 52% want to fire up to 10 people, 32% up to 50, 10% more than 50 the next 12 months
- Hardest people to hire: tech, sales and marketing leader
- 90% of mid-level engineers get <1% equity, 64% <0.4%
- Most (55%) of mid-level engineers get between $100K and $150K
- Primary drivers of company culture are tech, sales and design
- Most (43%) people leave between 6-7pm, 10% work longer than 8pm
- 75% could close a round in 4 months or less
- 78% pitched less than 20 investors
- 76% raise exactly or more compared to what they planned
- 55% expect that raising gets harder the next 12 months
- 22% of investors didn’t meet expectations
- 20% <= 30yrs, 32% older than 40yrs, rest inbetween
- Most popular sectors are enterprise, consumer, fin-tech
I just picked data which I find interesting and not obvious, there's much more information which I don't cover. Data is in chronological order and often aggregated to less numbers. 700 founders inside and outside of FirstRound were surveyed.
- 7 of 10 say bitcoin is overhyped
- cofounder relationship: 5% fired their cofounder, 5% are strained, 40% collegial, 28% best friends
- 13% sold secondaries
- 61% optimise on growth, rest on profitability
- 52% want to fire up to 10 people, 32% up to 50, 10% more than 50 the next 12 months
- Hardest people to hire: tech, sales and marketing leader
- 90% of mid-level engineers get <1% equity, 64% <0.4%
- Most (55%) of mid-level engineers get between $100K and $150K
- Primary drivers of company culture are tech, sales and design
- Most (43%) people leave between 6-7pm, 10% work longer than 8pm
- 75% could close a round in 4 months or less
- 78% pitched less than 20 investors
- 76% raise exactly or more compared to what they planned
- 55% expect that raising gets harder the next 12 months
- 22% of investors didn’t meet expectations
- 20% <= 30yrs, 32% older than 40yrs, rest inbetween
- Most popular sectors are enterprise, consumer, fin-tech
- 43% web, 29% mobile, 1% VR