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Saastr
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Dear SaaStr: If a Startup at $1.5M ARR is Hiring a COO, How Much Equity Should They Get?
- At $1.5M ARR, it is too early for an experienced COO in most cases.
- The founder should still be the COO and manage key departments.
- At $8M or $10M ARR, a COO may be necessary.
- Focus on hiring great function VPs at the early stage.
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