Carta Collective

Hi,

I'd love to know if anyone has guidelines for board member equity. We are a Series C fintech and I need to refresh the equity for an independent board member sho has been with us for a few years and also consider equity for future board members who are not investors. Has anyone seen a benchmark report or guidelines for board member equity at Series C and beyond companies?

Thanks!

Hey @Sung Hae Kim!

This is a fantastic question. I would think that Peter Walker from Carta might be the best person to ask about the data on this. I know he made a post (link below) about Series B and earlier (probably why you're asking about Series C+):

https://www.linkedin.com/posts/peterjameswalker_cartadata-boards-startupequity-activity-7134995702211821568-e_WU/

I want to give some insight using data on a much smaller scale - we have a handful of clients Series C-D, and the equity for their board members ranges from 0.01% (short term, newer board members) up to 0.15% (members who have been around for years and remain on the board). I hope this helps!

I've also been asking Peter some data questions and he's been so quick to find the answers, so I think it would be helpful to ask him this question as well! Let me know if you have additional questions that I can help with.

Kind regards,

Hi,

I'd love to know if anyone has guidelines for board member equity. We are a Series C fintech and I need to refresh the equity for an independent board member sho has been with us for a few years and also consider equity for future board members who are not investors. Has anyone seen a benchmark report or guidelines for board member equity at Series C and beyond companies?

Thanks!