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Sales Reps Really Do Have to Close 4x-5x What They Take Home, and More: Iconiq’s Sales Compensation Guide

SaaStr

So leading growth stage VC Iconiq has published its latest and very detailed Definitive Guide to Sales Compensation here. It’s very detailed and oriented more toward growth-stage scale-ups — but it’s excellent. Sales Leadership Typically Has 40% or So From Variable Comp. Everyone should have a read.

Scale 259
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How to Scale Go-to-Market Through IPO with ICONIQ Growth’s General Partners

SaaStr

General Partner Doug Pepper and General Partner and Head of Analytics at ICONIQ Growth, Christine Edmonds, share the art and science of scaling GTM at this year’s SaaStr Annual. That’s a big change, and they can do it by building the first incentive compensation plan that includes variable compensation for specific goals.

Scale 224
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Dear SaaStr: How do VCs Really Feel About Founder Salaries? I Was Told That a General Rule of Thumb is 75% of Market

SaaStr

Once you are profitable and at scale, I don’t think any VC expects founders to take anything less than market salaries ? One thing I have learned, though: If the founders are the highest compensated people in the start-up, especially pre-Scale (e.g., But if you raise less than that — 75% may well be too high.

Scale 241
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How to Build Your Startup like Google & Stripe

Tom Tunguz

That book, Scaling People : Tactics for Management & Company Building. The operating system consists of the workflows to achieve the goals according to the cadence: recruiting, performance management, & compensation. In late 2021, Office Hours welcomed Claire Hughes-Johnson, former Stripe COO & VP at Google.

Startup 226
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CRO Confidential: Sales Recruitment in 2023 For Candidates and Hiring Managers With Founders Fund Partner Sam Blond and Flexport Fund’s Ben Braverman (Pod 629 + Video)

SaaStr

Former Colleagues: Many founders leverage their network of former colleagues to hire for sales leadership or individual contributors. Scale Potential: How much can this business grow? Consider whether the company is already showing extraordinary growth or scale or if the roadmap projects to expand significantly as it evolves.

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Building Resilience Through Efficient Scaling In 2023 with ICONIQ Growth General Partner, Doug Pepper, and General Partner and Head of Analytics, Christine Edmonds (Video)

SaaStr

PST, to unveil the data behind effective scaling. What are companies doing today to scale efficiently? This is why there’s no one-size-fits-all advice for scaling efficiently because every company is different. AE and SDR compensation is another tactic to align GTM with what you want. 80% of companies are slowing hiring.

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Scaling Sales Channels and Teams: The Ultimate SaaS Sales Resources Guide

OpenView Labs

Ultimate Guide to B2B Sales and Hiring and Management : Whether you’re a first-time sales manager looking for leadership tips or you’re working out how to adapt to a remote sales life, we’ve got you covered. We also walk you through all the classic stuff, like hiring, compensation, onboarding etc. Scaling SaaS Sales.

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