13 SHARE WORKS BY MORGAN STANLE Y
2020 VC E XECUTIVE COMPENSATION SURVE Y
21.8%
33 33
49.6%
32.4%
15.3
45.8
15.3
45.8% 45.8%
Median # Employees
Seed
6
Median % Founder Median % Investor Median % Employee
Series A Series B
Seed Series A Series B
43
10.2
25
61.8
6
43
10.2%
14.8%
25%
61.8%
6
43
10.2%
25%
61.8%
Median # Employees Median % Founder Median % Investor Median % Employee
12.3%
10
72
29.8
54.9
10
72
29.8%
59.9%
54.9%
21.8%
15.3%
15.3%
20 20 20
36.6 36.6% 36.6%
21.5%
21.5%
61.4 61.4% 61.4%
17.3% 17.3%
16.1%
14.8%
12.3%
16.1%
Ownership Breakdown of Pre-Revenue Companies
21.8%
33 33
49.6%
32.4%
15.3
45.8
15.3
45.8% 45.8%
Median # Employees
Seed
6
Median % Founder Median % Investor Median % Employee
Series A Series B
Seed Series A Series B
43
10.2
25
61.8
6
43
10.2%
14.8%
25%
61.8%
6
43
10.2%
25%
61.8%
Median # Employees Median % Founder Median % Investor Median % Employee
12.3%
10
72
29.8
54.9
10
72
29.8%
59.9%
54.9%
21.8%
15.3%
15.3%
20
20 20
36.6 36.6% 36.6%
21.5%
21.5%
61.4
61.4% 61.4%
17.3% 17.3%
16.1%
14.8%
12.3%
16.1%
Ownership Breakdown of Post-Revenue Companies
Company Ownership - Founding CEO
The tables below show median (50th percentile) company ownership as
a percentage of fully diluted shares by founder, investor, and employee,
grouped by CEO founder status.
