Ahh, the mystique and allure of a startup. Is it getting in on the ground floor, surrounded by brilliant people that want to hustle and change the world? Or is it the proximity to the mission and the impact you have every single day? The pull is strong, and understandably so – when it works, it’s a professionally transformative experience, and maybe a financially transformative one too.
OK, we’re going to own up to something here… With every role we take on, our clients ask us for market comps on equity compensation. Our annual compensation study includes pages and pages of equity benchmarks sliced and diced by functions, levels, capital, etc. But the more we dug into the question and the more conversations we had, we recognized that percentages are likely not the best way to think about equity benchmarking because it sets a narrative that focuses the conversation on ownership versus value.
Switchboard Health helps payers, health systems, employers, and at-risk providers leverage virtual care solutions at scale. With their innovative technology and services, they activate people who need care, match them to the right provider, track the quality of their care, and support them across their entire care journey.
We sat down with Derek Baird, Co-Founder and CEO to learn more about his journey.
We’re excited to announce that the 3rd Annual Digital Health Executive Compensation Survey is now open, click here to participate! Over the last few years, the Aequitas Partners Annual Executive Compensation study has been valuable to executives and company leaders looking to better understand the state of compensation across the health tech industry from the 2021 survey are included below.
We have all been there before – it’s the first day of a new job and you are feeling all that built up excitement alongside the usual first day jitters. Sure, you have a strong understanding of the job and the company from the interview process, but now that some time has passed since your last interview, you may have some new questions– How quickly will I adapt to a new hybrid or fully-remote work environment and build meaningful connections with my coworkers? What will my first day/week/month look like? What can I do to get up to speed so that I can quickly make a meaningful impact on the business?
5 Things to Know Before Leaving a Big Company for a Startup
Equity: Value versus Vanity
An Interview with Derek Baird – Co-Founder and CEO of Switchboard Health
3rd Annual Compensation Survey Is Open
Five Tips for Elevating Your Company’s Onboarding Process