Lonsdale: Startup CEOs earning under $75k massively outperformed higher-paid peers
Joe Lonsdale · Billionaire Entrepreneur: “America Will Collapse Without A Recession” | Joe Lonsdale · Oct 1, 2024 · at 36:42
Joe Lonsdale, co-founder of Palantir and founding partner of 8VC, discusses empirical findings on executive compensation and startup performance.
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“You know, actually when I was working with Peter Thiel, must have been 21 or so, we conducted a study he had me look into of CEO salaries. And so it turned out there were three different cohorts. At the time salaries were lower. This was turning 42 this week. So this is 21 years ago. But it was like, there was one band was like 75 K and under. There was like 75 K to one 20 and there was one 20 and above. And the CEOs for startups that were 75 K and under, like just massively outperformed the ones that were a 120 K and above.”
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