Consider carefully before bringing in an outside CEO, as most successful SaaS companies that go public have founder-CEOs.
Prioritize considering hiring experienced VPs to help scale before opting for an outside CEO.
For an outside CEO, the typical base salary post-Series A or Series B funding rounds ranges from $250k-$400k, potentially going up to $500k at $15M-$20M in ARR.
Equity for an outside CEO is a crucial incentive, usually ranging from 6-8% equity in the company, possibly 4-5% for mid-stage companies, with a standard four-year vesting period and one-year cliff.