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How much does a CTO Startup make?

How much does a CTO Startup make?

How much does a CTO Startup make in California? As of Jul 8, 2022, the average annual pay for a CTO Startup in California is $149,519 a year. Just in case you need a simple salary calculator, that works out to be approximately $71.88 an hour. This is the equivalent of $2,875/week or $12,460/month.

How much does the CTO of Amazon make?

The average Amazon CTO earns an estimated $198,093 annually. Amazon’s CTO compensation is $23,653 less than the US average for a CTO. The Engineering Department at Amazon earns $14,890 more on average than the HR Department.

Who Is Highest Paid CTO in the world?

Top Paid CTOs

  • 2021 Update:
  • Rasmus Norling and Poly Shield Technologies. Rasmus Norling served as CTO/CEO for Poly Shield Technologies and made a cool $81,845,000.
  • Michael Schroepfer and Facebook.
  • Neville R.
  • Kevin L.
  • Cadir B.
  • Peng Xiao and MicroStrategy.

Do you need an MBA to be a CTO?

Does a CTO need an MBA? While it is not a prerequisite to have an MBA, having one can make a big difference, especially if you come from a very technical background. Being a CTO is very much about being a business leader who is an expert at technology.

What is a good CTO?

A good CTO is well-versed in technology. They would have accumulated vast technical experience by having worked on different levels of development and have dealt with many challenges. They would know the different programming languages, their major uses with pros and cons.

How much equity should a CTO get?

CTOs want a tech salary and a fair amount of equity. Co-founders—be ready to part with a sizable amount of equity (up to 50%).

What does a CTO Fortune 500 make?

People with the job title CTO (Chief Technology Officer) make the most at companies with 501-1,000 employees, earning $286,262 on average.

Who makes more money CIO or CTO?

Based on Glassdoor, the average salary of a CTO is $166, 246. While based on the 2010 State of the CIO Survey produced by CIO magazine, the average survey a CIO gets is at $219,300. However, it all depends on the company’s demands and needs. There come instances where CTOs earn better than their CIOs.

What is the average age of a CTO?

Chief Technology Officer Jobs You Might Like There are over 23,885 chief technology officers currently employed in the United States. 8.4% of all chief technology officers are women, while 91.6% are men. The average age of an employed chief technology officer is 52 years old.

Who is the youngest CTO?

Mr Benjamin Oyemonlan
A young Nigerian, Mr Benjamin Oyemonlan, has been appointed the Chief Technical Officer, CTO, of Patricia Technologies Limited by its founder, Mr. Hanu Fejiro. Oyemonlan, 23, is a computer expert and system analyst. He has a degree from the University of Lagos were he read Computer Science.

What does a CTO need?

Individuals who are on the career path to becoming a CTO should have a bachelor’s degree in an information technology or related computer science discipline, or an advanced degree, such as a Master of Business Administration.

How much equity do you need for CTO or VP Engineering?

The VP of Engineering is often an executive leadership position, and generally reports either to the CEO (70% of the time) or CTO (30% of the time).

What is the typical equity compensation for a startup CEO?

Startup financial advisor David Ehrenberg suggests that 5 to 10 percent is a fair equity stake for CEOs who join the company later. Research by SaaStr backs up this suggestion. The average founder/CEO holds roughly 14 percent equity at the company’s IPO, while an outside CEO holds an average of 6 to 8 percent.

Does CTO report to coo?

The CTO usually reports directly to a company’s chief information officer (CIO), but may also report to the chief executive officer (CEO) of the firm.

Is a CTO an executive?

The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization.

How much does CTO of Facebook make?

Michael Schroepfer made $16,053,375 in total compensation as Chief Technology Officer at Facebook Inc in 2020. $1,673,438 was received as Total Cash, $14,370,187 was received as Equity and $9,750 was received as Pension and other forms of compensation.