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CTO Salary and Equity Trends 2009-2011

SoCal CTO

I was expecting that over the past few years, the pressure on VCs maybe had translated into lower salaries. What I had not realized is that this had translated into escalating salaries for CTOs and VP Engineering.

CTO Hire 294
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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

And while over the past few years we have been laser-focused on cash returns, we are equally planting seeds for our next 10–15 years of returns by actively investing in today’s market. In fact, I am still active on two boards where I first invested in 2009. What has shifted for Upfront in the past decade has been our sector focus.

Startup 408
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Technology Industry Awards 2009

SoCal Tech Calendar

Thursday, April 30, 2009 -- Technology Industry Awards 2009. This event has sold out for the past nine years. The Best Companies, the Brightest People, and the Most Fun! This event brings together diverse interests and provides an outstanding opportunity for networking. Don't miss out, register today. See [link] (more).

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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. Starting in 2009 I began writing checks consistently, year-in and year-out. What happened? I am having fun again.

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CoreLogic: Mortgage Delinquencies Spike, Despite Strong Housing Demand

socalTECH

percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), a 2.8 The company said the rate is the highest in more than 21 years, and double the December 2009 Great Recession peak. According to the firm, 6.6 percent increase over July of 2019, when it was 3.8%.

Demand 113
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Second Sight Medical Names New Chairman

socalTECH

Second Sight said its past Chairman, Dr. Robert "Bob" Greenberg, will remain a member of the board. Wliliams has been on Second Sight's board since 2009. The firm said Williams is the company's largest shareholder, and is a current member of its board. Greenberg had served as Chairman since August of 2015. READ MORE>>.

Product 113
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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

When you look at how much median valuations were driven up in the past 5 years alone it’s bananas. Pitchbook estimates that there is about $290 billion of VC “overhang” (money waiting to be deployed into tech startups) in the US alone and that’s up more than 4x in just the past decade. And reset they must. discipline & focus.