u/zuhayeer

Here’s some target bonus percentages across the industry. It’s interesting to see the different patterns here. From gradual incline as you go up in seniority, to sharp incline, to a static percentage across all levels.

What’s the bonus policy and target percentage at your company? How frequently do employees achieve the full target? Has the company held back on it before?

On the chart, the solid line means the majority gets the same bonus percentages, while dashed lines means it can vary more within.

OpenRouter’s last fundraise was a $113m round at a $1.3b valuation. Pretty wild how much of a markup this is on their last valuation. Seems quite strategic, I can at a high level see how being the payment gateway to different AI models can be very attractive.

Pulled this data recently while looking into some of our fintech industry coverage. The interesting thing about Stripe is that they now issue 1-year grants. So they don't give you a large total grant, its just what you get for that year. And then each year you get a new refreshed grant, I'm assuming contingent on performance.

What this means is that the compensation values listed here don't include a larger grant behind it that this was annualized to, these are the actual values, and the equity portion is the actual amount of the grant you'd be receiving.

The company is private, so the equity isn't immediately liquid, but they've had tender offers and liquidity events. The AI era seems to be doing them well as they work on agentic payments and commerce.

It’s actually pretty insane that you could join what was then a Series C company (already somewhat mature in startup land) in 2023 and still see a 51x multiplier on your stock grant within ~3 years. This accounts for dilution, basically adjusting for the new shares that have been issued. The overall valuation of the company did a whopping 235x in that time.

Also, this is assuming the $965B valuation. Investors discussing the IPO (which could be as soon as this Fall) are very casually throwing around $2T and $3T potential valuations citing that an 800% growth rate YoY should yield at minimum a 30x multiple on revenue. I guess we'll see, but you can imagine how much higher this $51M mark for this employee outcome could actually be if we get into the trillions.

Regardless, some insanely eye popping numbers!

While we still had Fable around a week ago, I started this project to build a 3D map of companies in the Bay Area with tech salaries overlaid. If you click on a company you can view more breakdowns of pay be level. I thought it'd be cool to get a view of the entire Peninsula from an isometric style perspective, and allow you to scroll through all the hubs and clusters of the entire Bay Area.

Of course we lost access to Fable midway, but I've been iterating on it with Opus now.

Some fun parts: you can explore notable landmarks, ride the Caltrain, and also just browse the entire map if you switch to Explore mode.

Check it out at https://levels.fyi/atlas

Let me know your feedback / suggestions below. Had a lot of fun trying to hone in on the details. Still not perfect, but planning to continue work on it.