Welcome to another episode of Supra Insider. This time, Marc and Ben sat down with Peter Walker, Head of Insights at Carta. Drawing from Carta's vast database of over 30,000 companies, Peter offers a data-driven analysis of the evolving compensation landscape in 2024.
The conversation delves deep into product management compensation, exploring both cash and equity components across different startup stages. Peter shares unique insights into critical industry challenges, including the complexities of equity exercise decisions and the growing emphasis on capital efficiency in startups.
The episode tackles pressing questions facing the PM industry today: How are junior PMs navigating the competitive job market? What's driving the surge in fractional roles? How are executive hiring patterns shifting? Peter also illuminates AI's transformative impact across various functions and its implications for the future of work.
This thought-provoking discussion offers key insights for founders, product managers, and anyone interested in understanding the current dynamics of the startup ecosystem.
All episodes of the podcast are also available on Spotify, Apple and YouTube (video).
New to the pod? Subscribe below to get the next episode in your inbox 👇
In this episode, we covered the following topics:
* How salaries and equity have shifted in 2024
* Why only 30% of employees are exercising their options and the factors behind it
* Differences in compensation between early-stage and late-stage startups
* The evolving hiring landscape: challenges for junior PMs and opportunities for senior ICs
* How capital efficiency is redefining startup hiring practices
* The rise of fractional roles and their impact on product management
* AI’s influence on various functions and its future trajectory in startups
* And much more!
If you’d like to watch the video of our conversation, you can catch that on YouTube:
Links:
* Peter Walker: https://www.linkedin.com/in/peterjameswalker/
* Carta: https://carta.com/
* Carta’s salary benchmark tool: https://carta.com/friend/
* Ben: https://www.linkedin.com/in/benerez/
* Marc: https://www.linkedin.com/in/marcbaselga/
If you enjoyed this conversation, please share it with a friend or colleague 👇
Also, if you’re a new subscriber, we encourage you to check out some of the recent episodes you might have missed:
And here are some less recent favorites:
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit
suprainsider.substack.com
