Iconiq capital average salary how to#
Iconiq capital average salary series#

Gonen passed the Series 65 exam, becoming a licensed investment adviser. To understand their market, Gonen and Schein say they interviewed hundreds of startup founders, angel investors and other wealthy people to better grasp their financial pain points. Everyone we talked to who worked at startups felt the same.”

Iconiq capital average salary how to#

“We both started feeling the pain in 2019 when we were both working at fast-growing technology companies and were faced with decisions around how to manage our money, whether to exercise our options, et cetera. “We’re building the product that we wish we had ourselves,” says Gonen. The company was also part of the 2019 Y Combinator class. Lachy Groom, an early Stripe employee and prolific angel investor in his own right, got involved in Compound during its first few months. (According to Gonen’s personal website, he previously worked at Uber and Blend, yet another fintech unicorn whose executives are now investing in Compound). Louis, following a number of other entrepreneurial ventures and stints at startups. Gonen and Jacob Schein, the company’s Chief Technology Officer and cofounder, started Compound in 2019 while attending the Washington University of St. “Think of it as a personal CFO who is looking out for your finances and helping you make the best financial decision,” says Gonen. Users also get access to on-staff financial advisors–humans rather than robots–who specialize in startup equity and unconventional assets like crypto. A big part of Compound’s appeal: Users have access to modeling tools that help them explore the tax consequences of various exit scenarios involving their company equity. Users can also link their Coinbase and Ethereum wallets to track their crypto and NFT holdings. Operating in stealth, Compound has relied on “word of mouth” to grow, says the spokesperson.Ĭompound’s web-based platform integrates with Carta and Shareworks, equity management platforms popular with startup employees and angel investors, which allows users to track the value of their private holdings on secondary markets. A spokesperson said that Compound now has hundreds of customers, many of whom work at Silicon Valley’s leading startups, including Stripe, Plaid, Asana and others.

Compound reported $113 million in assets under management across 221 separate accounts in financial filings from last August. So far, at least some customers are paying up.