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Average Startup CEO Salary Declines – Pay Gap Widens in 2024

SAN FRANCISCO, April 11, 2024 — In the dynamic landscape of startup economics, Kruze Consulting emerges once again as the herald of insights, releasing its latest chronicle of CEO salaries. Rooted in anonymized payroll data, this report stands as the cornerstone of startup CEO compensation analysis, offering a panoramic view of trends shaping the entrepreneurial sphere.

While the general trajectory of CEO salaries depicts a downward slope, the narrative unfolds with nuanced twists. Amidst the flux, early-stage CEOs find themselves bestowed with modest increments, a testament to the resilience embedded in the nascent stages of startup evolution. Conversely, Series B CEOs grapple with a 10% slash in their compensation, emblematic of the turbulent currents traversing the later stages of startup maturation.

Healy Jones, Vice President at Kruze Consulting, paints a vivid tableau of the prevailing dynamics, remarking, “The CEO salary data collected this year reflects some resilience in the early-stage startup ecosystem and turmoil in the later stage market.” Jones underscores the dichotomy prevalent in the startup continuum, where Seed and Series A entities bask in the glow of favorable pay trajectories, juxtaposed against the downturn encountered by Series B incumbents.

Of paramount concern remains the persistent chasm in gender-based compensation, a sobering reality accentuated by a $14,000 divide. Jones elucidates, “The gender pay gap is concerning, because it hasn’t recovered to 2019 levels since the massive discrepancy that opened up during the pandemic.” This poignant observation serves as a clarion call to action, beseeching stakeholders to champion equity in executive remuneration.

The narrative thread woven by Kruze Consulting transcends mere statistical discourse; it embodies a clarion call for informed decision-making. Armed with a compendium of insights, founders and investors alike traverse the intricate labyrinth of executive compensation with sagacity and acumen.

In the annals of startup lore, Kruze Consulting stands as a venerated custodian of financial wisdom, illuminating the path for over 800 startups across the United States. Founded by the indomitable Vanessa Kruze, a luminary in her own right, the firm’s ascendancy mirrors the meteoric trajectories of its clientele. From accounting to tax advisory, from CFO services to finance counsel, Kruze Consulting stands as the bastion of entrepreneurial empowerment.

As the entrepreneurial saga unfolds, Kruze Consulting remains steadfast in its commitment to illuminate, empower, and propel startups towards the zenith of success.


Trish Basangar

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