That's typically the trade for going into sales and biz dev. There is risk in taking options, often substantial. I know

Jan 28, 2023
4:53:02pm

CSoul Intervention Needed

a bunch of guys that took a lot of their comp in options before DOMO went public and their shares were in the red by a lot at IPO. They lost millions in potential salary.

This message has been modified

Originally posted on Jan 28, 2023 at 4:53:02pm

Message modified by CSoul on Jan 28, 2023 at 4:54:28pm

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CSoul

Previous username: tsm26
Bio page: CSoul
Joined: Nov 20, 2005
Last login: Apr 28, 2024
Total posts: 66,588 (13,839 FO)

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Messages

Author

Time

Is there anyone at your company that makes more than the CEO? If so who?

DK-

1/28/23 4:33pm

Several sales people almost certainly do. CEO makes up for it with stock. But on

macdizzle

1/28/23 4:34pm

My company was like that and perhaps still is

Belboz

1/28/23 4:41pm

Sounds like a pretty bad CEO. If they’re killing it on performance and making more than you, great. Hire more like them

mvtoro

1/28/23 5:16pm

Yeah, he got forced out not long afterward

Belboz

1/28/23 5:57pm

This is where I’m going with the question.

DK-

1/28/23 4:42pm

If the CEO isn't a jerk it isn't a problem. Our biz dev team and rev leader often make more than our CEO.

CSoul

1/28/23 4:45pm

Only if he’s an idiot. What CEO really thinks he benefits by shrinking the pie to make his piece feel bigger?

mvtoro

1/28/23 5:20pm

What company is that? Sign me up

RockyBalboa

1/28/23 4:49pm

No, not even close

JOPE

1/28/23 4:36pm

My old CEO only made $1.6MM and was out earned by many employees each year.

Salami Karate

1/28/23 4:39pm

No and it's not close

justAnotherCoug

1/28/23 4:43pm

Most CEOs in high growth companies make far less cash than people think they do.

CSoul

1/28/23 4:44pm

I would be willing to accept their stock compensation

justAnotherCoug

1/28/23 4:49pm

That's typically the trade for going into sales and biz dev. There is risk in taking options, often substantial. I know

CSoul

1/28/23 4:53pm

Pretty sure mine isn’t taking a salary. He’ll certainly make up for it when we

maxpowers

1/28/23 4:48pm

I'm my company's CEO and about 20% of my team makes more than me.

P-Widdy

1/28/23 5:51pm

I don’t think all the salespeople combined make what the CEO makes

JollyGreenGiant

1/28/23 6:10pm

Those kids have to sell a lot of cookie

DK-

1/28/23 6:22pm

Yes. The surgeons.

valleus

1/28/23 7:19pm

John Sternowski

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