
Sam Altman’s article this weekend exploring the topic of equity grants got me thinking about what startups offer new employees. While there are general notions in the industry about what equity to offer to folks at various stages of a startup’s lifecycle, there is little data available that shows how equity grants and compensation more generally compare across innovation regions. I was also interested in seeing if there was a difference in compensation between startups that allowed remote work, and those that did not. The difference turned out far larger than I expected.