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Equity

Startups are hiring fewer workers and paying out less in equity comp

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 13 March 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

This is our Wednesday episode, in which we dig into critical startup news to stay abreast of what founders and venture capitalists are working on. Today on the podcast, we got through the following: New data from Carta digging into startup compensation, and how it is changing; How one startup is profiting off death, but in a way that is actually great; Bear Robotics, and its killer new round for cute serving robots; New stuff from BlueSky (all about moderation and choosing one’s own adventure) and Brave (getting a boost from the EU’s DMA); And finally, some venture capital news that was a legit surprise. For episode transcripts and more, head to Equity’s Simplecast website. Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome back to Equity, the Tech Runch Podcast, where we unpack the numbers and the

0:16.2

nuance behind the headlines.

0:18.3

This is Alex and today is March 13, 2024 and welcome to our Wednesday show.

0:24.9

This is when we dig into critical startup

0:27.0

and venture capital stories from the week thus far,

0:29.8

and we have an absolutely packed show for you today.

0:33.2

On the show, notes on startup comp for workers

0:36.0

and how those numbers are changing.

0:38.3

Then, how one startup is profiting off of death,

0:41.5

but in a way that's actually great. I promise it will make sense. Hear me out.

0:46.0

Then, Bear robotics and its killer new round for cute robots, new stuff from Blue Sky and Brave,

0:52.0

and then we'll wrap with some venture capital news that

0:54.7

actually took us by surprise.

0:56.7

Let's go.

0:57.7

Starting somewhere a little bit different today. Let's talk about startup employees

1:04.8

before we get into all the startup news proper.

1:08.2

Now I have a bunch of data from Karda

1:10.4

that tells us quite a lot about the state of compensation for startup employees.

1:15.0

Roll with me here. There are going to be a couple of numbers, but I promise this is going to be easy to understand.

1:20.0

So, first of all, companies that use CARDA, and that's a pretty big subset of the overall startup population,

1:27.0

hired about 523,000 people in 2022.

1:31.0

And notably, that was pretty much the same number as were hired in 2021 when it was 525,000.

...

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