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Venture Capital 2007 Executive Compensation Survey

Privately Held Information Technology Companies


Summary

Guaranteed MBO Total Shares Guaranteed MBO Total Shares of % of


Title Salary Bonus Bonus Comp of Stock % of Stock Title Salary Bonus Bonus Comp Stock Stock
Chief Executive Service Executive
Founder 1st Quartile $173 $0 $0 $180 1716 6.04% Founder 1st Quartile $140 $0 $30 $188 440 0.97%
Median $200 $0 $0 $210 2920 10.00% Median $168 $0 $40 $200 686 1.09%
3rd Quartile $237 $0 $63 $300 5000 17.13% 3rd Quartile $180 $0 $54 $234 1200 1.84%
Non-Founder 1st Quartile $225 $0 $0 $250 1137 4.13% Non-Founder 1st Quartile $150 $0 $16 $170 120 0.40%
Median $250 $0 $75 $325 2130 5.09% Median $160 $0 $32 $190 235 0.67%
3rd Quartile $275 $0 $103 $375 4120 6.71% 3rd Quartile $176 $0 $51 $225 535 1.00%
Chief Operating Officer Bus Dev Executive
Founder 1st Quartile $150 $0 $0 $164 1072 3.44% Founder 1st Quartile $150 $0 $0 $180 443 1.30%
Median $188 $0 $0 $200 2000 6.79% Median $178 $0 $30 $210 861 2.75%
3rd Quartile $205 $0 $11 $246 3650 12.74% 3rd Quartile $188 $0 $54 $243 1424 5.70%
Non-Founder 1st Quartile $175 $0 $0 $200 261 1.01% Non-Founder 1st Quartile $150 $0 $0 $180 176 0.45%
Median $200 $0 $35 $250 560 1.84% Median $175 $0 $40 $216 300 0.88%
3rd Quartile $225 $0 $85 $311 1033 2.49% 3rd Quartile $188 $0 $70 $250 658 1.44%
CFO-Finance Executive Marketing Executive
Founder 1st Quartile $125 $0 $0 $137 475 1.95% Founder 1st Quartile $139 $0 $0 $145 467 2.18%
Median $145 $0 $0 $164 650 3.30% Median $175 $0 $0 $178 896 3.40%
3rd Quartile $166 $0 $22 $190 1441 4.21% 3rd Quartile $190 $0 $18 $203 1023 4.39%
Non-Founder 1st Quartile $156 $0 $0 $170 150 0.51% Non-Founder 1st Quartile $170 $0 $0 $190 253 0.68%
Median $175 $0 $25 $200 300 0.87% Median $180 $0 $30 $212 388 0.95%
3rd Quartile $200 $0 $47 $241 732 1.21% 3rd Quartile $200 $0 $50 $241 684 1.30%
Chief Technical Officer Product Mgmt & Mktg
Founder 1st Quartile $151 $0 $0 $161 827 2.70% Founder 1st Quartile $150 $0 $0 $180 385 1.72%
Median $177 $0 $0 $190 1594 4.98% Median $167 $0 $28 $195 1100 3.04%
3rd Quartile $195 $0 $40 $226 2939 8.61% 3rd Quartile $180 $0 $35 $200 1800 4.99%
Non-Founder 1st Quartile $152 $0 $0 $178 250 0.68% Non-Founder 1st Quartile $150 $0 $0 $162 174 0.53%
Median $180 $0 $28 $200 448 1.06% Median $175 $0 $25 $193 300 0.81%
3rd Quartile $200 $0 $51 $250 931 1.49% 3rd Quartile $189 $0 $40 $223 601 1.07%
Engineering Executive Marketing Comm Exec
Founder 1st Quartile $145 $0 $0 $148 530 1.63% Founder 1st Quartile $112 $0 $8 $129 983 1.07%
Median $170 $0 $0 $175 1233 3.21% Median $125 $0 $15 $140 1825 1.16%
3rd Quartile $180 $0 $34 $203 2303 6.95% 3rd Quartile $138 $0 $18 $145 2063 4.49%
Non-Founder 1st Quartile $160 $0 $0 $170 213 0.72% Non-Founder 1st Quartile $148 $0 $0 $148 140 0.41%
Median $180 $0 $16 $200 400 0.97% Median $160 $0 $20 $192 256 0.67%
3rd Quartile $200 $0 $40 $225 700 1.37% 3rd Quartile $182 $0 $40 $213 355 1.16%
Sales Executive Mfg-Ops Executive
Founder 1st Quartile $150 $0 $0 $175 100 0.87% Founder 1st Quartile $142 $0 $0 $150 663 1.08%
Median $180 $0 $40 $235 554 2.26% Median $155 $0 $10 $172 1083 1.81%
3rd Quartile $200 $0 $89 $273 1075 4.03% 3rd Quartile $169 $0 $30 $194 1550 2.32%
Non-Founder 1st Quartile $155 $0 $38 $214 200 0.65% Non-Founder 1st Quartile $150 $0 $0 $165 137 0.33%
Median $180 $0 $100 $298 380 0.96% Median $170 $0 $17 $190 275 0.64%
3rd Quartile $200 $0 $150 $350 705 1.29% 3rd Quartile $190 $0 $40 $224 500 1.00%
HR Executive Legal Executive
Founder 1st Quartile $120 $0 $15 $135 95 0.56% Founder 1st Quartile $178 $0 $89 $267 400 3.42%
Median $120 $0 $30 $150 120 1.03% Median $178 $0 $89 $267 400 3.42%
3rd Quartile $142 $0 $48 $189 310 1.23% 3rd Quartile $178 $0 $89 $267 400 3.42%
Non-Founder 1st Quartile $133 $0 $13 $150 59 0.12% Non-Founder 1st Quartile $159 $0 $0 $176 120 0.23%
Median $160 $0 $30 $185 125 0.20% Median $185 $0 $26 $208 193 0.44%
3rd Quartile $175 $0 $40 $210 288 0.39% 3rd Quartile $200 $0 $39 $239 363 0.76%
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO Yes 125 0 0 125 2500 12.95% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
CEO Yes 130 0 65 195 2015 12.99% 2005 Enterprise SoftwareIsrael
and Services Series B Pre Product Development
5-15M 26-50
CEO Yes 300 0 0 300 4502 12.56% 2001 Communications Software
Southeast
and Services
Series B Pre Shipping 15-25M 26-50
CEO Yes 320 0 160 480 4792 33.06% 2005 Communications Software
Europeand Services
Series A 0-2M Shipping 5-15M 10-25
CEO Yes 130 0 0 130 2000 10.00% 2007 Semiconductor Israel Series A Pre Early/Product Definition
2-5M 10-25
CEO Yes 195 0 0 195 2878 15.53% 2001 Internet/eCommerceSouthern
SoftwareCal
and Services
Series A 10-20M Shipping 5-15M 26-50
CEO Yes 175 0 0 175 4860 34.47% 2003 Other - Specify in comments
Northeast Series A 0-2M Product in Beta2-5M 10-25
CEO Yes 250 0 50 300 4030 11.23% 2006 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product in Beta5-15M 10-25
CEO Yes 244 0 122 366 2528 8.43% 2004 Other - Specify in comments
Northeast Series C >40M Shipping 25-50M >200
CEO Yes 240 0 0 240 2934 2.26% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 26-50
CEO Yes 175 0 0 175 3000 11.11% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO Yes 120 0 0 120 2900 14.50% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
CEO Yes 253 0 100 353 1400 7.45% 2004 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CEO Yes 195 35 0 230 2043 11.68% 2005 Financial Services Southeast Series B 10-20M Shipping 15-25M 51-100
CEO Yes 200 0 0 200 3622 16.15% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product in Beta5-15M 10-25
CEO Yes 120 0 60 180 42 27.63% 2003 Communications Software
Europeand Services
Series A 2-10M Shipping 2-5M 26-50
CEO Yes 200 0 0 200 3628 22.24% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Profitable 5-15M 26-50
CEO Yes 60 0 0 60 2854 5.92% 2003 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO Yes 185 0 46 231 12400 27.80% 2005 Communicatoins Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 5-15M 51-100
CEO Yes 175 0 150 325 8000 9.40% 2003 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 100-200
CEO Yes 150 0 0 150 7210 34.90% 1996 Internet/eCommerceSouthern
SoftwareCal
and Services
Series A 0-2M Shipping 2-5M 10-25
CEO Yes 0 0 0 0 1713 8.08% 2003 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
CEO Yes 145 0 0 145 1700 7.08% 2006 Enterprise SoftwareNortheast
and Services Series A Pre Shipping 2-5M 10-25
CEO Yes 290 0 210 500 1140 6.60% 1998 Enterprise SoftwareNorthwest
and Services Series C 20- 40M Profitable 25-50M 51-100
CEO Yes 180 0 0 180 2000 9.09% 2006 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
A 0-2MCal Product in Beta5-15M 10-25
CEO Yes 150 0 0 150 1122 7.48% 2005 Enterprise SoftwareSouthwest
and Services Series B 0-2M Shipping 5-15M 26-50
CEO Yes 275 0 0 275 7770 10.54% 2004 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
CEO Yes 205 0 70 275 378 4.40% 1999 Internet/eCommerceNortheast
Software and Services
Series F or20-
above
40M Shipping 2-5M 100-200
CEO Yes 100 0 0 100 1500 12.95% 2005 Communications Software
Europeand Services
Series A 0-2M Shipping 5-15M 1-9
CEO Yes 200 0 0 200 3759 10.94% 2004 Communications Equipment
Israel Series B 2-10M Shipping 25-50M 100-200
CEO Yes 225 0 0 225 5527 11.56% 1998 Enterprise SoftwareSF
and
Bay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Profitable 25-50M 51-100
CEO Yes 430 270 0 700 165 0.37% 1999 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B >40M Cal Profitable 25-50M >200
CEO Yes 250 0 125 375 568 5.89% 2002 Internet/eCommerceSouthwest
Software and Services
Series D 2-10M Shipping 15-25M 51-100
CEO Yes 200 0 0 200 1725 10.33% 2006 Communications Software
Northeast
and Services
Series B 0-2M Shipping 15-25M 26-50
CEO Yes 230 0 69 299 3187 34.00% 1995 Internet/eCommerceNortheast
Software and Services
Series B 0-2M Shipping 2-5M 10-25
CEO Yes 200 0 0 200 1260 2.95% 2001 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CEO Yes 200 0 0 200 2000 3.13% 2000 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping 75-100M 51-100
CEO Yes 150 0 0 150 2000 12.92% 2005 Financial Services SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CEO Yes 150 0 0 150 7500 34.72% 2005 Financial Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 51-100
CEO Yes 120 0 0 120 5999 9.22% 2003 Communications Software
Israel and Services
Series B 0-2M Shipping 15-25M 51-100
CEO Yes 200 0 0 200 2250 9.80% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series B 2-10M Shipping 5-15M 26-50
CEO Yes 96 0 0 96 4347 28.72% 2003 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 2-5M 1-9
CEO Yes 156 0 30 186 2500 25.00% 2006 Enterprise SoftwareIsrael
and Services Series A Pre Product in Beta2-5M 26-50
CEO Yes 200 50 50 300 1636 3.63% 2005 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
CEO Yes 190 0 0 190 1651 8.53% 2003 Internet/eCommerceMountain
Software and Services
Series A 0-2M Shipping 5-15M 10-25
CEO Yes 303 76 0 379 3840 6.70% 1995 Communications Software
Northeast
and Services
Series D 20- 40M Profitable Over 100M 10-25
CEO Yes 200 0 100 300 5400 5.40% 2002 Enterprise SoftwareSFand
BayServices
Area/Silicon
Series
Valley/No.
D 10-20MCal Profitable 25-50M 100-200
CEO Yes 85 0 0 85 3000 31.32% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A Pre Cal Product in Beta2-5M 1-9
CEO Yes 250 0 44 294 1000 16.41% 2003 Other - Specify in comments
Northwest Series B 2-10M Shipping 5-15M 26-50
CEO Yes 236 0 0 236 34678 9.94% 2002 Financial Services Southern Cal Series A 2-10M Shipping 2-5M 10-25

Page 3 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO Yes 180 0 0 180 546 5.83% 2006 Consumer Services Northeast Series A Pre Shipping 5-15M 26-50
CEO Yes 250 0 150 400 4514 17.45% 2001 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
A 20- 40M
Cal Profitable 2-5M 100-200
CEO Yes 180 0 0 180 22000 29.47% 1997 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A 20- 40M
Cal Shipping 15-25M 100-200
CEO Yes 250 0 0 250 3000 14.49% 2005 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Early/Product Definition
5-15M 1-9
CEO Yes 200 0 0 200 2900 5.78% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product in Beta25-50M 26-50
CEO Yes 175 0 0 175 1000 6.85% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO Yes 198 0 0 198 3055 5.31% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
CEO Yes 210 0 50 260 2000 12.67% 2003 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CEO Yes 167 0 0 167 5100 14.54% 2004 Internet/eCommerceNorthwest
Software and Services
Series B Pre Product in Beta5-15M 10-25
CEO Yes 175 0 0 175 8550 35.34% 1999 Internet/eCommerceSouthern
SoftwareCal
and Services
Series B Pre Early/Product Definition
5-15M 26-50
CEO Yes 200 0 0 200 5000 19.31% 2004 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO Yes 280 0 120 400 9063 4.30% 1999 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 25-50M 100-200
CEO Yes 270 0 0 270 2318 11.76% 2003 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 26-50
CEO Yes 225 0 113 338 2225 5.00% 2005 Other - Specify in comments
Mountain Series A Pre Product in Beta25-50M 10-25
CEO Yes 225 0 0 225 2350 8.25% 2001 Enterprise SoftwareNortheast
and Services Series E 0-2M Shipping 75-100M 51-100
CEO Yes 200 0 100 300 8466 28.28% 2004 Semiconductor Europe Series A Pre Product in Beta5-15M 10-25
CEO Yes 275 0 138 413 2314 2.37% 2005 Internet/eCommerceCentral
Software and Services
Series C >40M Profitable Over 100M >200
CEO Yes 300 0 0 300 19000 19.00% 1998 Internet/eCommerceNortheast
Software and Services
Series E 10-20M Shipping 15-25M 51-100
CEO Yes 200 0 0 200 2100 4.20% 1999 Enterprise SoftwareSouthwest
and Services Series B 2-10M Shipping 25-50M 26-50
CEO Yes 110 0 0 110 3000 10.00% 1996 Consumer Services Israel Series B 0-2M Product in Beta5-15M 26-50
CEO Yes 142 0 0 142 1749 8.83% 2006 Semiconductor Southwest Series A Pre Product Development
5-15M 26-50
CEO Yes 200 0 0 200 4700 26.86% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta2-5M 10-25
CEO Yes 200 0 150 350 1777 5.53% 1996 Financial Services SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping Over 100M >200
CEO Yes 450 0 0 450 16000 10.31% 2005 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
D >40M Cal Profitable 25-50M 100-200
CEO Yes 200 0 100 300 19000 31.67% 2006 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta5-15M 10-25
CEO Yes 300 0 140 440 8536 6.31% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
CEO Yes 250 0 0 250 1800 36.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
2-5M 10-25
CEO Yes 150 0 0 150 6708 13.42% 2006 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 2-5M 10-25
CEO Yes 151 0 30 181 1718 3.49% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
CEO Yes 300 0 120 420 4400 14.39% 2003 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M >200
CEO Yes 200 0 0 200 1000 7.69% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CEO Yes 200 0 0 200 9300 23.08% 2005 Computer Systems and
Northeast
Peripherals Series B Pre Shipping 25-50M 51-100
CEO Yes 84 0 0 84 185 24.67% 2006 Internet/eCommerceIsrael
Software and Services
Series A Pre Product in Beta2-5M 10-25
CEO Yes 200 0 0 200 8000 44.44% 2006 Consumer Services Southern Cal Series A 0-2M Shipping 2-5M 10-25
CEO Yes 170 0 30 200 1146 10.39% 2001 Enterprise SoftwareSouthern
and Services
Cal Series A 2-10M Shipping 2-5M 26-50
CEO Yes 226 0 113 339 2150 3.56% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
CEO Yes 125 0 0 125 8600 20.98% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 2-5M 10-25
CEO Yes 113 0 0 113 4300 14.62% 2006 Communications Equipment
Israel Series A Pre Early/Product Definition
5-15M 10-25
CEO Yes 240 0 60 300 3536 25.12% 2005 Enterprise SoftwareIsrael
and Services Series A Pre Product in Beta5-15M 26-50
CEO Yes 175 0 0 175 4500 12.86% 2004 Semiconductor China Series A 2-10M Shipping 5-15M 51-100
CEO Yes 68 0 0 68 9534 6.48% 1999 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
E 2-10M Cal Shipping 25-50M 26-50
CEO Yes 180 0 0 180 520 1.86% 2006 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta5-15M 26-50
CEO Yes 225 0 34 259 1449 5.60% 2004 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product in Beta5-15M 26-50
CEO Yes 250 0 0 250 2707 3.04% 2001 Communications Equipment
Europe Series D 2-10M Shipping 50 - 75M 26-50
CEO Yes 175 0 0 175 2878 9.55% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Profitable 15-25M >200
CEO Yes 300 0 100 400 6158 3.92% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Profitable 50 - 75M 100-200
CEO Yes 160 0 0 160 7800 36.18% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product Development
5-15M 10-25
CEO Yes 375 0 375 750 17867 16.80% 1998 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A >40M Cal Profitable 50 - 75M >200
CEO Yes 240 0 0 240 1925 22.00% 2004 Internet/eCommerceNortheast
Software and Services
Series B 2-10M Shipping 5-15M 10-25

Page 4 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO Yes 200 0 0 200 10000 12.87% 2006 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
5-15M 10-25
CEO Yes 210 0 0 210 9134 6.61% 2005 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
CEO Yes 150 0 0 150 5000 25.00% 2003 Enterprise SoftwareNortheast
and Services Series B 2-10M Product in Beta5-15M 26-50
CEO Yes 195 0 33 228 2311 1.90% 2004 Semiconductor China Series B Pre Product in BetaOver 100M >200
CEO Yes 210 0 0 210 2000 17.63% 2007 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta5-15M 10-25
CEO & President Yes 114 0 0 114 9184 35.74% 2004 Communications Software
Israel and Services
Series B Pre Product in Beta5-15M 10-25
CEO & President Yes 170 0 25 195 1275 4.01% 2003 Semiconductor Other - Specify in
Series
comments
C 0-2M Shipping 25-50M 26-50
CEO & President Yes 200 0 0 200 2490 21.59% 2002 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
2-5M 10-25
CEO & President Yes 180 0 0 180 6000 6.25% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO & President Yes 260 0 79 339 2000 2.33% 1999 Enterprise SoftwareNortheast
and Services Series A 20- 40M Profitable 25-50M 100-200
CEO & President Yes 250 0 100 350 5498 3.18% 1996 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C 20- 40M
Cal Profitable Over 100M 10-25
CEO & President Yes 180 0 0 180 415 3.60% 2005 Semiconductor Asia Series A 0-2M Product in Beta5-15M 51-100
CEO & President Yes 210 0 80 290 1600 6.67% 2005 Enterprise SoftwareNortheast
and Services Series B 0-2M Shipping 15-25M 26-50
CEO & President Yes 215 0 100 315 1147 5.40% 2006 Enterprise SoftwareNortheast
and Services Series B 0-2M Shipping 15-25M 26-50
CEO & President Yes 150 0 10 160 7500 25.00% 2003 Internet/eCommerceSouthwest
Software and Services
Series B 2-10M Shipping 5-15M 10-25
CEO & President Yes 150 0 0 150 1440 19.86% 2005 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta2-5M 10-25
CEO & President Yes 264 0 100 364 3508 9.26% 1997 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
CEO & President Yes 225 0 75 300 3600 3.43% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
CEO & President Yes 170 0 0 170 1305 5.83% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 51-100
CEO & President Yes 225 0 50 275 3135 7.08% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series C 0-2M Shipping 15-25M 26-50
CEO & President Yes 175 0 0 175 1690 24.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta2-5M 10-25
CEO & President Yes 225 0 0 225 2161 4.68% 2002 Computer Systems and
Northeast
Peripherals Series B Pre Product in Beta25-50M 51-100
CEO & President Yes 200 25 0 225 4000 17.47% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO & President Yes 190 0 0 190 3000 10.00% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 10-25
CEO & President Yes 210 0 40 250 1400 8.24% 2005 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 10-25
CEO & President Yes 225 0 0 225 4250 6.54% 2003 Communications Software
Northeast
and Services
Series B 2-10M Shipping 15-25M 51-100
CEO & President Yes 140 0 0 140 2000 7.14% 2005 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
B 10-20MCal Product in Beta15-25M 26-50
CEO & President Yes 180 0 90 270 2100 7.41% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
CEO & President Yes 180 0 0 180 5000 11.86% 2005 Consumer Services Southern Cal Series A Pre Product Development
15-25M 51-100
CEO & President Yes 225 0 101 326 2400 10.89% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta5-15M 10-25
CEO & President Yes 300 0 0 300 10000 50.00% 2007 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
5-15M 1-9
CEO & President Yes 200 0 100 300 15004 6.57% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
CEO & President Yes 180 0 0 180 862 10.20% 2003 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta5-15M 26-50
CEO & President Yes 240 0 60 300 2000 10.00% 2003 Internet/eCommerceSouthwest
Software and Services
Series B 2-10M Shipping 15-25M 26-50
CEO & President Yes 250 0 0 250 1900 2.26% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D Pre Cal Product in BetaOver 100M 100-200
CEO & President Yes 250 50 0 300 5800 20.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
CEO & President Yes 210 0 0 210 5000 4.87% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C Pre Cal Product Development
25-50M 51-100
CEO & President Yes 180 0 0 180 683 6.00% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 50 - 75M 26-50
CEO & President Yes 230 230 0 460 10364 31.44% 2006 Internet/eCommerceEurope
Software and Services
Series A 0-2M Product in Beta15-25M 26-50
CEO & President Yes 240 0 0 240 1660 14.56% 2006 Communications Software
Southwest
and Services
Series A Pre Product Development
5-15M 10-25
CEO & President Yes 180 0 0 180 4000 13.22% 2006 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CEO & President Yes 200 0 0 200 522 2.49% 2006 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
CEO & President Yes 250 0 0 250 5064 26.32% 2006 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Profitable 15-25M 26-50
CEO & President Yes 210 0 40 250 1800 12.86% 2006 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CEO & President Yes 175 0 0 175 1020 6.00% 2004 Communications Equipment
Central Series B 0-2M Product in Beta15-25M 10-25
CEO & President Yes 180 0 0 180 4787 10.38% 2004 Internet/eCommerceNortheast
Software and Services
Series B 2-10M Shipping 25-50M 100-200
CEO & President Yes 237 0 0 237 4500 21.43% 2007 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
CEO & President Yes 200 0 0 200 5000 15.63% 2004 Semiconductor Southern Cal Series B 10-20M Profitable 25-50M 51-100
CEO & President Yes 400 0 400 800 400 1.79% 1993 Enterprise SoftwareSouthern
and Services
Cal Series B >40M Profitable 50 - 75M >200

Page 5 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO & President Yes 160 0 80 240 2712 12.95% 2005 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 26-50
CEO & President Yes 250 0 0 250 15000 19.74% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series D 20- 40M Shipping 5-15M 51-100
CEO & President Yes 150 45 0 195 4000 12.74% 2005 Communications Software
Northeast
and Services
Series B 0-2M Product Development
5-15M 26-50
CEO & President Yes 180 0 0 180 3933 7.94% 2003 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CEO & President Yes 225 0 338 563 3477 15.12% 2004 Internet/eCommerceNortheast
Software and Services
Series C >40M Product Development
25-50M 26-50
CEO & President Yes 140 0 42 182 2965 14.79% 1996 Internet/eCommerceNortheast
Software and Services
Series A >40M Profitable 50 - 75M >200
CEO & President Yes 144 0 0 144 900 9.00% 2006 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping Under 2M 1-9
CEO & President Yes 160 0 40 200 2100 7.50% 2004 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
CEO & President Yes 100 0 100 200 2960 14.60% 2002 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CEO & President Yes 195 0 40 235 3875 15.50% 2006 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 1-9
CEO & President Yes 183 0 91 274 480 4.10% 2006 Financial Services Southern Cal Series A Pre Product Development
5-15M 100-200
CEO & President Yes 180 0 0 180 4691 11.45% 1999 Enterprise SoftwareSouthwest
and Services Series D 2-10M Shipping 25-50M 26-50
CEO & President Yes 250 0 99 349 4590 6.20% 2001 Enterprise SoftwareNortheast
and Services Series E >40M Shipping 50 - 75M >200
CEO & President Yes 190 0 0 190 5063 15.11% 2004 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
CEO & President Yes 200 40 0 240 825 4.58% 2006 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
CEO & President Yes 170 0 0 170 520 18.26% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta2-5M 10-25
CEO & President Yes 180 0 0 180 2002 10.01% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CEO & President Yes 240 0 40 280 200 0.63% 2002 Communications Software
Centraland Services
Series B 0-2M Shipping 15-25M 10-25
CEO & President Yes 100 0 0 100 1600 39.02% 1996 Internet/eCommerceNortheast
Software and Services
Series C 2-10M Profitable 25-50M 51-100
CEO & President Yes 250 0 50 300 9660 19.89% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CEO & President Yes 200 0 100 300 15000 6.07% 2000 Enterprise SoftwareNorthwest
and Services Series B 2-10M Shipping 25-50M 100-200
CEO & President Yes 170 0 43 213 2580 4.32% 2002 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CEO & President Yes 225 100 50 375 2030 9.51% 1999 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Restart 25-50M 26-50
CEO & President Yes 185 0 0 185 300 1.35% 1998 Internet/eCommerceMountain
Software and Services
Series B >40M Profitable 25-50M 100-200
CEO & President Yes 225 0 75 300 9144 4.98% 2002 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 25-50M 51-100
CEO & President Yes 185 0 100 285 18000 9.00% 2000 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 51-100
CEO & President Yes 175 0 0 175 2600 26.00% 2007 Other - Specify in comments
Southern Cal Series A 0-2M Early/Product Definition
2-5M 1-9
CEO & President Yes 99 0 0 99 5712 17.48% 2007 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
2-5M 10-25
CEO & President Yes 660 0 0 660 5165 34.43% 1991 Enterprise SoftwareNortheast
and Services Series A 10-20M Profitable 50 - 75M 100-200
CEO & President Yes 150 0 0 150 2185 9.10% 2006 Semiconductor Northeast Series B Pre Product in Beta5-15M 26-50
CEO & President Yes 240 0 30 270 3575 7.18% 2004 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CEO & President Yes 191 0 86 277 5131 7.34% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100
CEO & President Yes 225 0 50 275 2689 10.06% 2004 Internet/eCommerceNortheast
Software and Services
Series C 10-20M Shipping 75-100M 100-200
CEO & President Yes 379 0 284 663 2920 4.35% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
CEO & President Yes 260 0 104 364 1500 9.68% 1993 Internet/eCommerceSoutheast
Software and Services
Series B >40M Shipping 15-25M >200
CEO & President Yes 150 0 0 150 4318 22.50% 2005 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping 5-15M 26-50
CEO & President Yes 175 0 75 250 1189 10.81% 1999 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Profitable 15-25M 10-25
CEO & President Yes 280 0 140 420 7919 5.75% 1997 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 10-20MCal Shipping 75-100M 100-200
CEO & President Yes 213 0 91 304 3591 6.73% 2001 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 100-200
President Yes 222 0 0 222 1337 8.33% 2003 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
President Yes 175 0 45 220 548 4.51% 1999 Internet/eCommerceCentral
Software and Services
Series D 2-10M Shipping 25-50M 51-100
President Yes 220 0 100 320 940 7.23% 2007 Internet/eCommerceNortheast
Software and Services
Series A Pre Product Development
2-5M 1-9
President Yes 150 0 0 150 3563 13.28% 2002 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 100-200
President Yes 195 0 0 195 3000 6.85% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 26-50
President Yes 245 0 123 368 230 0.29% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
President Yes 250 0 150 400 4514 17.45% 2001 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
A 20- 40M
Cal Profitable 2-5M 100-200
President Yes 100 0 0 100 932 4.11% 2002 Internet/eCommerceEurope
Software and Services
Series A 20- 40M Shipping 5-15M >200
CEO No 250 0 100 350 13162 8.21% 2000 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 51-100
CEO No 250 0 0 250 2827 5.24% 2002 Consumer Services Northwest Series B 2-10M Shipping 15-25M 51-100

Page 6 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO No 325 0 100 425 2150 5.51% 1999 Other - Specify in comments
Northeast Series E >40M Profitable 25-50M >200
CEO No 225 0 50 275 5722 6.98% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
5-15M 10-25
CEO No 190 0 0 190 3395 5.00% 2003 Enterprise SoftwareSF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
CEO No 200 100 100 400 1280 5.12% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO No 277 0 84 361 89 5.00% 1999 Consumer Services Europe Series B 0-2M Shipping 15-25M 26-50
CEO No 200 0 0 200 1764 3.31% 2000 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 5-15M 51-100
CEO No 220 88 0 308 17300 7.36% 2004 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 5-15M 51-100
CEO No 225 50 0 275 3559 3.87% 2000 Enterprise SoftwareMountain
and Services Series B 0-2M Shipping 25-50M 26-50
CEO No 260 140 0 400 3384 4.51% 1996 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CEO No 300 0 0 300 10759 3.00% 2001 Enterprise SoftwareNorthwest
and Services Series D 0-2M Shipping 15-25M 10-25
CEO No 310 0 200 510 225 2.84% 2004 Communications Software
Europeand Services
Series B Pre Product Development
25-50M 51-100
CEO No 240 0 0 240 1545 4.59% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
75-100M 10-25
CEO No 250 0 0 250 974 6.00% 2006 Internet/eCommerceNortheast
Software and Services
Series A Pre Product in Beta2-5M 10-25
CEO No 279 0 56 335 1325 3.24% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
75-100M 51-100
CEO No 195 0 0 195 1533 3.68% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CEO No 300 0 180 480 13466 4.05% 1999 Communications Software
Europeand Services
Series C 2-10M Shipping 25-50M 51-100
CEO No 300 0 0 300 1128 5.07% 2003 Enterprise SoftwareNortheast
and Services Series C 2-10M Shipping 25-50M 51-100
CEO No 200 0 0 200 5529 6.00% 2002 Semiconductor Southern Cal Series C Pre Product Development
75-100M 51-100
CEO No 200 0 100 300 790 3.48% 2002 Internet/eCommerceEurope
Software and Services
Series A 20- 40M Shipping 5-15M >200
CEO No 225 0 75 300 3437 6.97% 2004 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
CEO No 275 0 0 275 3255 7.00% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CEO No 225 0 40 265 1529 1.14% 2002 Enterprise SoftwareSouthwest
and Services Series B 2-10M Shipping 15-25M 26-50
CEO No 250 0 0 250 2614 4.53% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CEO No 250 0 100 350 2000 3.64% 2000 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
CEO No 250 0 50 300 400 8.33% 2002 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 1-9
CEO No 200 0 0 200 1000 4.94% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CEO No 225 0 0 225 2000 4.00% 2005 Enterprise SoftwareSoutheast
and Services Series B 0-2M Shipping 5-15M 26-50
CEO No 245 0 0 245 4100 4.94% 2001 Other - Specify in comments
Northeast Series C 0-2M Product in Beta5-15M 26-50
CEO No 210 0 40 250 920 4.23% 2001 Enterprise SoftwareMountain
and Services Series B 2-10M Shipping 15-25M 51-100
CEO No 325 0 250 575 1000 5.00% 1990 Communications Software
Southwest
and Services
Series A 20- 40M Profitable 25-50M 51-100
CEO No 210 0 350 560 2624 3.64% 1993 Enterprise SoftwareNortheast
and Services Series A >40M Profitable 15-25M >200
CEO No 230 0 115 345 729 6.78% 2001 Enterprise SoftwareNortheast
and Services Series D 10-20M Shipping 25-50M 51-100
CEO No 300 0 50 350 9408 7.00% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CEO No 250 0 0 250 1500 6.00% 2004 Computer Systems and Southwest
Peripherals Series B 0-2M Shipping 15-25M 26-50
CEO No 202 0 0 202 1122 5.99% 2005 Internet/eCommerceNortheast
Software and Services
Series A 2-10M Shipping 5-15M 26-50
CEO No 205 0 30 235 2500 8.33% 2006 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
CEO No 250 0 100 350 1243 4.91% 2003 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CEO No 217 0 0 217 240 3.32% 2001 Communications Software
Israel and Services
Series B 0-2M Shipping 5-15M 26-50
CEO No 360 0 0 360 13709 4.96% 1998 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 75-100M >200
CEO No 190 0 85 275 2765 5.03% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
CEO No 230 0 100 330 5382 4.94% 2000 Communications Equipment
Northeast Series D 10-20M Shipping 50 - 75M 51-100
CEO No 200 0 50 250 969 5.37% 2001 Other - Specify in comments
Southwest Series D 0-2M Shipping 25-50M 26-50
CEO No 250 0 125 375 2840 6.71% 1994 Enterprise SoftwareNorthwest
and Services Series B 20- 40M Shipping 15-25M 100-200
CEO No 200 0 150 350 7352 6.00% 1999 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CEO No 225 30 150 405 2360 5.19% 2002 Enterprise SoftwareMountain
and Services Series C 2-10M Shipping 15-25M 26-50
CEO No 225 0 34 259 3220 6.00% 2001 Internet/eCommerceSouthern
SoftwareCal
and Services
Series C 10-20M Shipping 15-25M 51-100
CEO No 240 0 0 240 1460 4.52% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 10-25
CEO No 250 0 200 450 1137 5.17% 2001 Enterprise SoftwareEurope
and Services Series C >40M Shipping 15-25M >200
CEO No 250 0 75 325 2964 18.53% 2002 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product in Beta5-15M 10-25
CEO No 250 0 0 250 2000 6.25% 2001 Enterprise SoftwareNortheast
and Services Series C 2-10M Shipping 15-25M 26-50
CEO No 250 0 80 330 4286 6.34% 2005 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CEO No 450 0 149 599 3500 4.45% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C >40M Cal Shipping Over 100M >200

Page 7 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO No 210 0 150 360 450 3.77% 2002 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Shipping 25-50M 26-50
CEO No 280 0 160 440 2500 4.55% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
CEO No 250 0 50 300 1936 5.93% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CEO No 200 0 100 300 7382 3.99% 2000 Enterprise SoftwareNortheast
and Services Series D 10-20M Shipping 25-50M 51-100
CEO No 300 0 150 450 3670 5.24% 1999 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
CEO No 225 0 75 300 1200 5.00% 2002 Semiconductor Northeast Series D 10-20M Shipping 50 - 75M 100-200
CEO No 250 0 250 500 1185 4.20% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
CEO No 270 0 135 405 1547 6.73% 1997 Other - Specify in comments
Southern Cal Series B >40M Profitable 5-15M >200
CEO No 240 0 120 360 1033 5.17% 1999 Internet/eCommerceSouthern
SoftwareCal
and Services
Series D >40M Profitable 25-50M >200
CEO No 225 0 50 275 275 4.04% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 1-9
CEO No 325 0 0 325 40842 6.13% 2000 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
F or10-20M
above
Cal Shipping Over 100M 100-200
CEO No 225 75 0 300 2400 7.06% 2001 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CEO No 215 0 100 315 2877 5.42% 2004 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CEO No 272 0 0 272 769 3.73% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 51-100
CEO No 250 0 0 250 1000 2.87% 2001 Semiconductor Southeast Series A Pre Product Development
2-5M 10-25
CEO No 300 0 0 300 100 10.00% 2005 Other - Specify in comments
Northeast Series A 2-10M Shipping 5-15M 1-9
CEO No 190 0 60 250 430 8.19% 2002 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 2-5M 26-50
CEO No 250 0 100 350 976 6.46% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Early/Product Definition
5-15M 10-25
CEO No 150 0 55 205 1667 7.14% 2006 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping 5-15M 26-50
CEO No 250 0 0 250 1861 6.89% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Product in Beta15-25M 51-100
CEO No 295 0 0 295 2162 4.86% 2003 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CEO No 268 0 90 358 5920 8.55% 1998 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 50 - 75M 51-100
CEO No 250 0 100 350 1451 4.17% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CEO No 225 0 100 325 1145 4.06% 2001 Other - Specify in comments
Northeast Series B 2-10M Shipping 25-50M 51-100
CEO No 275 0 58 333 1492 6.78% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
CEO No 230 0 85 315 4448 4.45% 2000 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CEO No 250 0 125 375 1845 5.48% 2000 Semiconductor Northeast Series C 2-10M Shipping 50 - 75M 51-100
CEO No 250 0 125 375 4033 5.20% 2000 Enterprise SoftwareCanada
and Services Series C 20- 40M Shipping 25-50M >200
CEO No 215 0 85 300 1205 4.47% 2002 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
CEO No 175 0 0 175 2151 5.31% 2003 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
CEO No 225 0 120 345 2879 6.70% 2006 Enterprise SoftwareNortheast
and Services Series A 0-2M Shipping 15-25M 10-25
CEO No 433 0 0 433 10323 4.02% 1999 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E >40M Cal Shipping Over 100M >200
CEO No 275 0 75 350 885 7.08% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
CEO No 300 0 125 425 788 13.16% 1999 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D >40M Cal Shipping Over 100M >200
CEO No 190 0 0 190 57 1.56% 1999 Enterprise SoftwareNortheast
and Services Series C 2-10M Shipping 25-50M 51-100
CEO No 225 0 75 300 1673 8.00% 2000 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 26-50
CEO No 225 0 0 225 633 9.49% 2007 Other - Specify in comments
Central Series A Pre Product Development
2-5M 1-9
CEO No 250 0 0 250 1362 2.94% 2004 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 15-25M 10-25
CEO No 300 0 100 400 1851 2.45% 1999 Communications Equipment
Europe Series E 10-20M Shipping 50 - 75M 51-100
CEO No 300 0 24 324 3487 5.35% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 20- 40M
Cal Shipping 50 - 75M 100-200
CEO No 400 75 0 475 1469 6.96% 2002 Communications Software
Centraland Services
Series C 0-2M Product Development
25-50M 26-50
CEO No 225 0 20 245 11256 5.89% 2001 Consumer Services Southeast Series B 2-10M Shipping 15-25M 10-25
CEO No 325 0 125 450 9600 6.71% 2000 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CEO No 225 0 75 300 1242 4.09% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
CEO No 300 150 0 450 1042 5.08% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
CEO No 250 0 125 375 1604 3.09% 1998 Enterprise SoftwareSouthwest
and Services Series E 0-2M Shipping 25-50M 26-50
CEO No 200 0 0 200 543 10.91% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 2-10M Cal Profitable Under 2M 10-25
CEO No 350 0 0 350 3198 10.00% 1999 Consumer Services Northeast Series B 2-10M Profitable 5-15M 51-100
CEO No 300 0 100 400 639 6.39% 2003 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
CEO No 225 0 75 300 1066 4.50% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
CEO No 234 0 125 359 2268 3.91% 2000 Communication Software
Northeast
and Services
Series B 20- 40M Profitable 25-50M 100-200
CEO No 250 0 48 298 15064 5.50% 2001 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 26-50
CEO No 275 0 0 275 2130 5.90% 2003 Semiconductor Northwest Series B Pre Early/Product Definition
15-25M 26-50

Page 8 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO No 300 0 150 450 1500 4.15% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
CEO No 300 0 100 400 2721 7.00% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
CEO No 250 0 75 325 2520 5.84% 2006 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
CEO No 220 0 100 320 1697 5.60% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series A 0-2M Shipping 5-15M 10-25
CEO No 225 0 50 275 1400 6.95% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CEO & President No 210 0 40 250 1402 4.25% 2002 Internet/eCommerceNortheast
Software and Services
Series C Pre Restart 25-50M 10-25
CEO & President No 210 0 40 250 1402 4.25% 2002 Internet/eCommerceNortheast
Software and Services
Series C Pre Restart 25-50M 10-25
CEO & President No 250 0 0 250 16873 5.28% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Restart 25-50M 51-100
CEO & President No 180 0 0 180 2250 12.94% 2005 Internet/eCommerceCentral
Software and Services
Series A Pre Product in Beta2-5M 10-25
CEO & President No 200 0 100 300 949 5.61% 2005 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CEO & President No 200 0 25 225 5405 6.00% 2001 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
CEO & President No 230 0 0 230 2609 4.91% 2005 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Product in Beta5-15M 51-100
CEO & President No 200 0 125 325 2134 5.92% 2003 Enterprise SoftwareNortheast
and Services Series D 0-2M Shipping 25-50M 51-100
CEO & President No 275 0 110 385 3033 5.41% 1998 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
CEO & President No 200 0 0 200 1000 4.17% 2003 Communications Software
Northeast
and Services
Series C 0-2M Shipping 15-25M 10-25
CEO & President No 262 0 83 345 1190 9.55% 2005 Communications Equipment
Europe Series A Pre Product Development
5-15M 51-100
CEO & President No 275 0 125 400 6400 5.98% 2001 Enterprise SoftwareSouthwest
and Services Series D 10-20M Shipping 25-50M 51-100
CEO & President No 250 0 0 250 5250 4.08% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping Over 100M >200
CEO & President No 275 0 203 478 3290 5.22% 2000 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 51-100
CEO & President No 240 0 105 345 274 6.97% 1996 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 10-25
CEO & President No 320 0 180 500 4159 9.72% 1999 Internet/eCommerceSoutheast
Software and Services
Series A 10-20M Product Development
25-50M 26-50
CEO & President No 225 0 0 225 200 5.00% 0 Other - Specify in comments
Northeast Series A Pre Early/Product Definition
2-5M 1-9
CEO & President No 200 0 100 300 800 6.67% 1999 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E 0-2MCal Shipping 25-50M 10-25
CEO & President No 250 0 125 375 13254 5.81% 1999 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Profitable 25-50M 51-100
CEO & President No 300 0 100 400 4864 5.09% 1998 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping Over 100M >200
CEO & President No 175 0 44 219 2336 6.09% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E >40M Cal Profitable 50 - 75M 100-200
CEO & President No 250 0 50 300 1000 7.69% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Early/Product Definition
5-15M 26-50
CEO & President No 150 0 16 166 500 10.58% 2004 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 2-5M 10-25
CEO & President No 185 0 19 204 3739 4.26% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product in Beta50 - 75M 26-50
CEO & President No 250 0 125 375 5994 4.13% 1998 Enterprise SoftwareSouthern
and Services
Cal Series E 2-10M Shipping 25-50M 51-100
CEO & President No 100 0 0 100 1038 5.33% 2004 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C Pre Cal Product in Beta15-25M 26-50
CEO & President No 200 0 200 400 903 3.17% 2002 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 26-50
CEO & President No 250 0 280 530 3900 4.12% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 50 - 75M 51-100
CEO & President No 230 0 92 322 4250 7.67% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CEO & President No 260 0 50 310 2324 5.74% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 51-100
CEO & President No 365 0 160 525 5703 8.77% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A >40M Cal Profitable 5-15M >200
CEO & President No 275 0 125 400 2040 3.92% 2000 Enterprise SoftwareSF and
Bay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
CEO & President No 400 50 300 750 700 7.00% 1989 Enterprise SoftwareMountain
and Services Series A 20- 40M Profitable 50 - 75M 51-100
CEO & President No 300 0 135 435 14446 7.62% 1998 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
E 20- 40M
Cal Profitable 50 - 75M 100-200
CEO & President No 143 0 0 143 1794 3.19% 1999 Communications Equipment
Israel Series C 0-2M Shipping 25-50M 10-25
CEO & President No 250 0 0 250 168 3.50% 2005 Semiconductor Northeast Series B Pre Product in Beta15-25M 26-50
CEO & President No 206 0 0 206 2027 4.00% 2002 Semiconductor Southwest Series C Pre Product Development
25-50M 26-50
CEO & President No 285 0 100 385 1384 6.53% 1996 Enterprise SoftwareNortheast
and Services Series A 2-10M Shipping 25-50M 26-50
CEO & President No 300 0 105 405 2309 4.02% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
E 0-2MCal Shipping 50 - 75M 26-50
CEO & President No 150 0 0 150 3183 5.00% 1998 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Product in Beta75-100M 10-25
CEO & President No 415 0 69 484 3185 4.50% 1999 Internet/eCommerceEurope
Software and Services
Series B 20- 40M Shipping 15-25M >200
CEO & President No 250 0 0 250 500 7.14% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 2-5M 1-9
CEO & President No 275 0 110 385 10467 4.47% 1998 Semiconductor Northeast Series C 2-10M Product in Beta75-100M 51-100
CEO & President No 225 0 0 225 1899 9.39% 2006 Enterprise SoftwareSouthern
and Services
Cal Series A 0-2M Shipping 5-15M 26-50
CEO & President No 300 0 200 500 23253 3.99% 1999 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping Over 100M 100-200
CEO & President No 250 0 0 250 3242 13.32% 2001 Communicatons Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
A 0-2MCal Product Development
25-50M 26-50
CEO & President No 250 0 75 325 1100 4.40% 2003 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CEO & President No 250 0 63 313 3000 4.36% 2003 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 25-50M 51-100

Page 9 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO & President No 300 0 100 400 1982 3.30% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
CEO & President No 300 0 60 360 5579 3.05% 2000 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
E 10-20MCal Shipping Over 100M 100-200
CEO & President No 300 0 60 360 5579 3.05% 2000 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
E 10-20MCal Shipping Over 100M 100-200
CEO & President No 225 0 75 300 1500 6.00% 2004 Computer Systems and Northeast
Peripherals Series B 2-10M Shipping 15-25M 26-50
CEO & President No 225 125 0 350 250 11.87% 2003 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
15-25M 10-25
CEO & President No 263 0 65 328 5612 3.70% 1997 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Product Development
25-50M 10-25
CEO & President No 286 0 75 361 1936 5.87% 2003 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
CEO & President No 250 0 50 300 7090 4.29% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
50 - 75M >200
CEO & President No 300 0 75 375 3888 8.98% 2001 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 26-50
CEO & President No 250 0 50 300 1110 6.55% 2005 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
15-25M 10-25
CEO & President No 150 0 50 200 1700 6.80% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product in Beta2-5M 10-25
CEO & President No 230 0 150 380 1113 4.95% 2000 Communications Equipment
Northeast Series B 0-2M Product in Beta50 - 75M 51-100
CEO & President No 235 0 130 365 5315 6.40% 2001 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 15-25M 51-100
CEO & President No 262 0 75 337 3935 5.06% 2001 Enterprise SoftwareNorthwest
and Services Series B 2-10M Shipping 25-50M 26-50
CEO & President No 200 0 0 200 15000 6.38% 2004 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CEO & President No 275 0 125 400 3885 6.50% 1995 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
CEO & President No 350 38 75 463 2233 9.97% 2005 Communications Software
Northeast
and Services
Series B Pre Product Development
5-15M 10-25
CEO & President No 300 150 0 450 3565 7.00% 2001 Semiconductor Southern Cal Series C 2-10M Product Development
25-50M 51-100
CEO & President No 200 0 100 300 4727 4.13% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Shipping 15-25M 26-50
CEO & President No 275 0 55 330 3121 5.69% 2002 Other - Specify in comments
Northeast Series B Pre Product Development
25-50M 10-25
CEO & President No 250 0 125 375 3260 4.82% 2000 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C >40M Cal Profitable 25-50M >200
CEO & President No 300 0 0 300 911 4.96% 1995 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 75-100M 10-25
CEO & President No 284 0 156 440 4120 2.58% 1996 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Profitable 75-100M >200
CEO & President No 250 0 100 350 2803 5.91% 2001 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B 20- 40M
Cal Shipping 25-50M >200
CEO & President No 425 0 75 500 4400 4.43% 2001 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 51-100
CEO & President No 310 166 38 514 5323 3.18% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping 50 - 75M 51-100
CEO & President No 250 0 0 250 793 7.99% 2006 Internet/eCommerceCentral
Software and Services
Series B 0-2M Shipping 5-15M 10-25
CEO & President No 250 0 75 325 1447 13.15% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 1-9
CEO & President No 220 0 110 330 2444 4.01% 1999 Communications Equipment
Southeast Series B >40M Shipping 50 - 75M 100-200
CEO & President No 295 0 103 398 7000 7.04% 1999 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
CEO & President No 300 0 150 450 2500 3.97% 1993 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
CEO & President No 235 0 118 353 666 4.45% 1994 Other - Specify in comments
Northwest Series D >40M Profitable 50 - 75M >200
CEO & President No 262 10 0 272 8439 6.50% 2004 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
25-50M 10-25
CEO & President No 225 0 0 225 4802 3.18% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
CEO & President No 275 0 0 275 7483 13.13% 1998 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 51-100
CEO & President No 260 0 65 325 1214 4.96% 2002 Enterprise SoftwareNortheast
and Services Series B 10-20M Shipping 25-50M 51-100
CEO & President No 260 0 50 310 4900 3.66% 2000 Semiconductor Northwest Series E 20- 40M Shipping 75-100M 100-200
CEO & President No 250 0 100 350 2701 5.07% 2000 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CEO & President No 275 0 100 375 5638 4.13% 1999 Communications Equipment
Southeast Series C 10-20M Shipping 75-100M 51-100
CEO & President No 350 0 100 450 2482 4.35% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
CEO & President No 250 0 0 250 5200 5.59% 2003 Other - Specify in comments
Central Series B 2-10M Shipping 5-15M 100-200
CEO & President No 420 0 0 420 900 2.81% 2001 Communications Software
Northeast
and Services
Series B 2-10M Shipping 25-50M 51-100
CEO & President No 250 0 0 250 1450 4.22% 2000 Internet/eCommerceNortheast
Software and Services
Series D 0-2M Shipping 15-25M 10-25
CEO & President No 275 0 100 375 4201 3.78% 1997 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
E 20- 40M
Cal Profitable 50 - 75M 100-200
CEO & President No 250 0 75 325 4227 4.40% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 26-50
CEO & President No 250 0 100 350 1151 11.51% 2006 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 51-100
CEO & President No 210 0 140 350 1542 4.53% 1996 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 100-200
CEO & President No 275 0 110 385 5745 6.00% 2000 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 15-25M 26-50
CEO & President No 185 0 45 230 3504 4.61% 2003 Consumer Services Northwest Series C 2-10M Shipping 15-25M 26-50
CEO & President No 250 0 50 300 6239 5.26% 1998 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 50 - 75M 100-200
CEO & President No 120 0 0 120 8000 10.00% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
CEO & President No 275 0 100 375 1902 7.37% 2006 Internet/eCommerceNortheast
Software and Services
Series B Pre Product Development
5-15M 10-25
CEO & President No 225 0 65 290 1950 5.36% 2000 Communications Equipment
Southern Cal Series C 20- 40M Profitable 25-50M 100-200

Page 10 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CEO & President No 299 0 179 478 971 4.03% 2000 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Shipping 5-15M 26-50
CEO & President No 250 0 72 322 915 10.00% 1999 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
A 10-20MCal Shipping 2-5M 26-50
CEO & President No 275 75 0 350 1260 6.72% 2005 Computer Systems and Northeast
Peripherals Series A Pre Product Development
5-15M 10-25
CEO & President No 350 0 150 500 6559 4.00% 2000 Computer Systems and Northwest
Peripherals Series F or>40M
above Shipping Over 100M >200
CEO & President No 250 0 125 375 4203 9.42% 1993 Enterprise SoftwareNortheast
and Services Series A 2-10M Restart 25-50M 51-100
CEO & President No 250 0 63 313 3573 3.56% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CEO & President No 250 50 150 450 271 2.98% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CEO & President No 200 0 0 200 930 3.38% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 0-2MCal Product Development
15-25M 26-50
CEO & President No 300 0 150 450 2500 6.76% 1997 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
F or20-
above
40M
Cal Shipping 50 - 75M 100-200
CEO & President No 212 0 100 312 1000 4.47% 2003 Communications Equipment
Northeast Series C 10-20M Shipping 25-50M 51-100
CEO & President No 231 0 0 231 2066 3.04% 2002 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 15-25M 51-100
CEO & President No 288 0 138 426 10501 9.55% 1998 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 75-100M >200
CEO & President No 180 30 130 340 1350 4.35% 2004 Other - Specify in comments
Southeast Series C 0-2M Shipping 50 - 75M 26-50
CEO & President No 225 0 75 300 5282 6.51% 2001 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 26-50
CEO & President No 270 0 80 350 900 5.00% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
CEO & President No 270 0 80 350 900 5.00% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
CEO & President No 400 0 140 540 3250 7.62% 1999 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping Over 100M 100-200
CEO & President No 330 0 0 330 670 5.87% 2003 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 26-50
CEO & President No 300 0 75 375 2146 7.00% 1999 Financial Services Southeast Series B 2-10M Shipping 15-25M 51-100
CEO & President No 235 0 0 235 1858 3.84% 2003 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 51-100
CEO & President No 300 0 0 300 1482 4.00% 2004 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
5-15M 26-50
CEO & President No 230 0 70 300 1750 4.56% 1996 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E 2-10M Cal Profitable 25-50M 10-25
CEO & President No 276 0 0 276 4967 1.24% 2002 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
CEO & President No 250 0 75 325 1372 5.05% 2002 Communications Equipment
Northeast Series D 10-20M Shipping 25-50M 51-100
CEO & President No 250 0 75 325 1030 7.00% 1998 Enterprise SoftwareNortheast
and Services Series A 0-2M Shipping 5-15M 10-25
CEO & President No 245 0 0 245 6000 3.00% 2003 Internet/eCommerceSFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 26-50
CEO & President No 200 0 0 200 6340 9.06% 2001 Communications Software
Southwest
and Services
Series B 2-10M Shipping 25-50M 26-50
CEO & President No 250 0 75 325 722 4.25% 2002 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
CEO & President No 275 0 137 412 1970 4.70% 2002 Enterprise SoftwareNortheast
and Services Series C 10-20M Shipping 15-25M 100-200
CEO & President No 250 0 125 375 1432 5.77% 1998 Enterprise SoftwareNortheast
and Services Series C 10-20M Shipping 25-50M 100-200
CEO & President No 273 0 82 355 750 3.97% 1991 Other - Specify in comments
Southern Cal Series F or10-20M
above Shipping 25-50M 100-200
CEO & President No 300 0 150 450 1623 4.04% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
CEO & President No 230 0 90 320 1076 5.23% 2002 Communications Equipment
Southwest Series B 2-10M Shipping 15-25M 26-50
CEO & President No 250 0 100 350 10304 3.77% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
CEO & President No 350 0 350 700 5615 5.35% 1999 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D >40M Cal Shipping 75-100M >200
CEO & President No 250 0 75 325 1290 7.11% 1990 Enterprise SoftwareNortheast
and Services Series A 20- 40M Profitable 5-15M 100-200
President No 200 0 100 300 300 0.98% 2003 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M >200
President No 214 0 82 296 2608 3.77% 1998 Enterprise SoftwareSFandBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 50 - 75M 51-100
President No 200 0 50 250 1050 3.40% 2004 Enterprise SoftwareNortheast
and Services Series C 0-2M Shipping 2-5M 51-100
President No 100 0 0 100 13457 4.47% 2000 Communications Equipment
Southeast Series C 10-20M Shipping 25-50M 51-100

Page 11 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Operating Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
COO Yes 200 0 0 200 2000 1.29% 2005 Consumer Services SF Bay Area/SiliconSeries
Valley/No.
D >40M Cal Profitable 25-50M 100-200
COO Yes 250 0 0 250 12634 21.44% 2005 Consumer Services SF Bay Area/SiliconSeries
Valley/No.
B 0-2MCal Product in Beta15-25M 51-100
COO Yes 85 0 0 85 720 7.52% 2005 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A Pre Cal Product in Beta2-5M 1-9
COO Yes 120 0 0 120 2900 14.50% 2005 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
COO Yes 142 0 0 142 1166 5.89% 2006 Semiconductor Southwest Series A Pre Product Development
5-15M 26-50
COO Yes 144 0 43 187 800 3.99% 1996 Internet/eCommerce Northeast
Software and Services
Series A >40M Profitable 50 - 75M >200
COO Yes 150 0 45 195 239 2.55% 1995 Internet/eCommerce Northeast
Software and Services
Series B 0-2M Shipping 2-5M 10-25
COO Yes 167 0 0 167 4900 13.97% 2004 Internet/eCommerce Northwest
Software and Services
Series B Pre Product in Beta5-15M 10-25
COO Yes 170 0 0 170 2651 0.88% 2000 Communications Equipment
Southeast Series C 10-20M Shipping 25-50M 51-100
COO Yes 180 0 0 180 22000 29.47% 1997 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A 20- 40M
Cal Shipping 15-25M 100-200
COO Yes 197 50 0 247 3249 0.81% 2002 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
COO Yes 200 0 0 200 1900 2.26% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D Pre Cal Product in BetaOver 100M 100-200
COO Yes 200 75 0 275 380 38.00% 2005 Other - Specify in comments
Northeast Series A 2-10M Shipping 5-15M 1-9
COO Yes 210 0 42 252 3300 6.79% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
COO Yes 223 0 22 245 1269 3.85% 2003 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
COO Yes 236 0 0 236 34678 9.94% 2002 Financial Services Southern Cal Series A 2-10M Shipping 2-5M 10-25
COO Yes 242 0 97 339 2040 3.04% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
COO & President Yes 90 0 70 160 5014 12.89% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
COO & President Yes 150 60 0 210 1021 5.84% 2005 Financial Services Southeast Series B 10-20M Shipping 15-25M 51-100
COO & President Yes 150 0 0 150 2510 12.15% 1996 Internet/eCommerce Southern
SoftwareCal
and Services
Series A 0-2M Shipping 2-5M 10-25
COO & President Yes 150 0 0 150 1122 7.48% 2005 Enterprise SoftwareSouthwest
and Services Series B 0-2M Shipping 5-15M 26-50
COO & President Yes 150 0 0 150 4000 13.22% 2006 Consumer Services SF Bay Area/SiliconSeries
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
COO & President Yes 188 0 0 188 4512 12.59% 2001 Communications Software
Southeast
and Services
Series B Pre Shipping 15-25M 26-50
COO & President Yes 200 0 0 200 25 0.68% 1999 Enterprise SoftwareNortheast
and Services Series C 2-10M Shipping 25-50M 51-100
COO & President Yes 200 0 0 200 1239 6.04% 2004 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
COO & President Yes 230 0 58 288 1492 6.78% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
COO & President Yes 250 0 0 250 600 12.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
2-5M 10-25
COO No 150 0 0 150 250 1.04% 2003 Communications Software
Northeast
and Services
Series C 0-2M Shipping 15-25M 10-25
COO No 180 0 30 210 520 0.95% 2004 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
COO No 180 0 70 250 200 0.36% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
COO No 205 0 0 205 300 1.16% 2004 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
COO No 290 0 23 313 1150 1.77% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 20- 40M
Cal Shipping 50 - 75M 100-200
COO No 100 0 0 100 36 1.03% 2006 Internet/eCommerce Southern
SoftwareCal
and Services
Series B 0-2M Product in Beta5-15M 26-50
COO No 120 0 0 120 667 5.13% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Early/Product Definition
5-15M 26-50
COO No 145 0 35 180 240 2.40% 2006 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 51-100
COO No 150 0 50 200 323 1.67% 2005 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
COO No 150 0 0 150 0 0.00% 2005 Enterprise SoftwareIsrael
and Services Series A Pre Product in Beta5-15M 26-50
COO No 150 150 0 300 641 1.94% 2006 Internet/eCommerce Europe
Software and Services
Series A 0-2M Product in Beta15-25M 26-50
COO No 150 0 25 175 1362 0.74% 2002 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 25-50M 51-100
COO No 150 0 30 180 75 1.10% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 1-9
COO No 150 0 0 150 70 1.33% 2002 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 2-5M 26-50
COO No 150 0 75 225 338 0.65% 1998 Enterprise SoftwareSouthwest
and Services Series E 0-2M Shipping 25-50M 26-50
COO No 156 0 20 176 200 2.00% 2006 Enterprise SoftwareIsrael
and Services Series A Pre Product in Beta2-5M 26-50
COO No 160 0 0 160 580 2.40% 1999 Internet/eCommerce Southern
SoftwareCal
and Services
Series B Pre Early/Product Definition
5-15M 26-50
COO No 165 0 0 165 540 2.79% 2003 Internet/eCommerce Mountain
Software and Services
Series A 0-2M Shipping 5-15M 10-25
COO No 165 0 0 165 215 0.47% 2002 Computer Systems Northeast
and Peripherals Series B Pre Product in Beta25-50M 51-100
COO No 175 0 40 215 79 0.92% 1999 Internet/eCommerce Northeast
Software and Services
Series F or20-
above
40M Shipping 2-5M 100-200
COO No 175 0 202 377 1469 2.04% 1993 Enterprise SoftwareNortheast
and Services Series A >40M Profitable 15-25M >200
COO No 175 0 0 175 350 1.87% 2005 Internet/eCommerce Northeast
Software and Services
Series A 2-10M Shipping 5-15M 26-50
COO No 175 0 35 210 990 1.06% 2003 Other - Specify in comments
Central Series B 2-10M Shipping 5-15M 100-200
COO No 180 0 20 200 471 2.42% 2004 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C Pre Cal Product in Beta15-25M 26-50
COO No 181 0 40 221 900 4.96% 2004 Internet/eCommerce Europe
Software and Services
Series A 2-10M Product Development
15-25M 26-50
COO No 183 0 0 183 610 3.05% 2003 Enterprise SoftwareNortheast
and Services Series B 2-10M Product in Beta5-15M 26-50

Page 12 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Operating Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
COO No 185 0 19 204 2350 2.68% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product in Beta50 - 75M 26-50
COO No 185 0 35 220 247 2.49% 2006 Internet/eCommerce Central
Software and Services
Series B 0-2M Shipping 5-15M 10-25
COO No 190 0 38 228 250 0.82% 2003 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M >200
COO No 190 0 75 265 354 2.21% 2003 Computer Systems SF andBay
Peripherals
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
COO No 196 0 98 294 277 2.22% 2005 Communications Equipment
Europe Series A Pre Product Development
5-15M 51-100
COO No 198 0 79 277 265 0.88% 2004 Other - Specify in comments
Northeast Series C >40M Shipping 25-50M >200
COO No 200 0 0 200 500 2.36% 2003 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
COO No 200 0 50 250 800 1.73% 2004 Internet/eCommerce Northeast
Software and Services
Series B 2-10M Shipping 25-50M 100-200
COO No 200 0 0 200 269 2.50% 2001 Enterprise SoftwareNortheast
and Services Series D 10-20M Shipping 25-50M 51-100
COO No 200 0 100 300 1920 2.74% 1999 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
COO No 200 0 100 300 1107 2.57% 2006 Enterprise SoftwareNortheast
and Services Series A 0-2M Shipping 15-25M 10-25
COO No 200 0 60 260 799 2.50% 1999 Consumer Services Northeast Series B 2-10M Profitable 5-15M 51-100
COO No 200 0 0 200 2058 1.36% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
COO No 200 0 110 310 900 0.55% 2000 Computer Systems Northwest
and Peripherals Series F or>40M
above Shipping Over 100M >200
COO No 201 0 30 231 2900 2.50% 2005 Internet/eCommerce Other
Software
- Specify
and inServices
Series
comments
A 2-10M Shipping 5-15M 51-100
COO No 215 0 0 215 780 1.22% 2000 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping 75-100M 51-100
COO No 216 0 173 389 162 1.08% 1991 Enterprise SoftwareNortheast
and Services Series A 10-20M Profitable 50 - 75M 100-200
COO No 225 0 175 400 400 2.31% 1998 Enterprise SoftwareNorthwest
and Services Series C 20- 40M Profitable 25-50M 51-100
COO No 225 56 0 281 850 1.48% 1995 Communications Software
Northeast
and Services
Series D 20- 40M Profitable Over 100M 10-25
COO No 225 0 113 338 750 0.77% 2005 Internet/eCommerce Central
Software and Services
Series C >40M Profitable Over 100M >200
COO No 225 0 68 293 950 0.89% 1998 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A >40M Cal Profitable 50 - 75M >200
COO No 225 100 0 325 650 2.91% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 51-100
COO No 225 0 30 255 1010 1.36% 2001 Enterprise SoftwareNortheast
and Services Series E >40M Shipping 50 - 75M >200
COO No 225 0 75 300 3040 1.11% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
COO No 231 0 0 231 250 0.45% 2000 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
COO No 240 0 120 360 525 0.67% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
COO No 240 0 80 320 819 2.04% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
COO No 242 0 100 342 200 3.34% 1999 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D >40M Cal Shipping Over 100M >200
COO No 245 0 122 367 1400 0.88% 1996 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Profitable 75-100M >200
COO No 250 85 0 335 1100 0.81% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
COO No 250 0 0 250 2056 2.31% 2001 Communications Equipment
Europe Series D 2-10M Shipping 50 - 75M 26-50
COO No 250 0 100 350 1170 2.36% 2003 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
COO No 260 0 130 390 437 3.01% 2005 Communications Software
Europe and Services
Series A 0-2M Shipping 5-15M 10-25
COO No 260 0 64 324 201 0.27% 1999 Communications Equipment
Europe Series E 10-20M Shipping 50 - 75M 51-100
COO No 350 0 175 525 350 1.57% 1993 Enterprise SoftwareSouthern
and Services
Cal Series B >40M Profitable 50 - 75M >200
COO & President No 100 0 0 100 1820 6.50% 2006 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta5-15M 26-50
COO & President No 170 0 0 170 190 0.44% 2001 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
COO & President No 200 0 100 300 2098 2.10% 2002 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Profitable 25-50M 100-200
COO & President No 200 0 100 300 1850 2.55% 2001 Other - Specify in comments
Southern Cal Series C 10-20M Product in Beta50 - 75M 51-100
COO & President No 200 0 50 250 329 1.65% 1999 Internet/eCommerce Southern
SoftwareCal
and Services
Series D >40M Profitable 25-50M >200
COO & President No 206 0 103 309 1327 2.20% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
COO & President No 217 0 0 217 476 8.40% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 10-25
COO & President No 231 0 69 300 58 3.26% 1999 Consumer Services Europe Series B 0-2M Shipping 15-25M 26-50
COO & President No 250 100 0 350 735 1.81% 2003 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
COO & President No 350 125 140 615 924 2.37% 1999 Other - Specify in comments
Northeast Series E >40M Profitable 25-50M >200
COO & President No 375 210 0 585 1350 3.04% 1999 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B >40M Cal Profitable 25-50M >200

Page 13 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Finance Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CFO Yes 125 0 0 125 1421 5.26% 2004 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Product in Beta 15-25M 51-100
CFO Yes 130 55 0 185 640 3.66% 2005 Financial Services Southeast Series B 10-20M Shipping 15-25M 51-100
CFO Yes 152 0 0 152 950 3.45% 2005 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 0-2MCal Product Development
15-25M 26-50
CFO Yes 167 0 29 196 660 5.29% 2005 Communications Equipment
Europe Series A Pre Product Development
5-15M 51-100
CFO Yes 175 0 0 175 2250 9.80% 2004 Internet/eCommerce Southern
SoftwareCal
and Services
Series B 2-10M Shipping 5-15M 26-50
CFO Yes 150 0 0 150 1600 3.19% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product in Beta 25-50M 26-50
CFO Yes 190 0 0 190 320 1.12% 2001 Enterprise SoftwareNortheast
and Services Series E 0-2M Shipping 75-100M 51-100
CFO Yes 178 0 89 267 400 3.42% 2006 Financial Services Southern Cal Series A Pre Product Development
5-15M 100-200
CFO Yes 33 0 0 33 1288 3.94% 2007 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
2-5M 10-25
CFO Yes 80 0 0 80 189 0.83% 2002 Internet/eCommerce
Europe
Software and Services
Series A 20- 40M Shipping 5-15M >200
CFO Yes 140 0 50 190 502 2.12% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
CFO Yes 165 0 30 195 1854 2.23% 2001 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 15-25M 51-100
VP of Finance Yes 138 0 0 138 563 2.86% 2003 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 26-50
VP of Finance Yes 120 0 20 140 500 1.43% 2004 Semiconductor China Series A 2-10M Shipping 5-15M 51-100
VP of Finance Yes 125 0 10 135 1500 5.00% 2003 Internet/eCommerce Southwest
Software and Services
Series B 2-10M Shipping 5-15M 10-25
VP of Finance HR &Yes
Administration
160 0 16 176 350 0.71% 2004 Computer Systems andSF Bay
Peripherals
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
CFO No 180 0 0 180 2000 0.57% 2002 Financial Services Southern Cal Series A 2-10M Shipping 2-5M 10-25
CFO No 165 0 0 165 76 0.38% 2005 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CFO No 150 0 0 150 200 0.97% 2005 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Early/Product Definition
5-15M 1-9
CFO No 210 0 40 250 1550 0.99% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Profitable 50 - 75M 100-200
CFO No 185 0 27 212 105 0.33% 2002 Communications Software
Centraland Services
Series B 0-2M Shipping 15-25M 10-25
CFO No 119 0 51 170 257 0.48% 2001 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 100-200
CFO No 275 0 0 275 2000 1.29% 2005 Consumer Services SF Bay Area/SiliconSeries
Valley/No.
D >40M Cal Profitable 25-50M 100-200
CFO No 200 0 0 200 877 1.49% 2005 Consumer Services SF Bay Area/SiliconSeries
Valley/No.
B 0-2MCal Product in Beta 15-25M 51-100
CFO No 130 0 39 169 100 1.07% 1995 Internet/eCommerce Northeast
Software and Services
Series B 0-2M Shipping 2-5M 10-25
CFO No 260 0 104 364 200 0.30% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
CFO No 180 0 0 180 372 0.96% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
CFO No 130 0 0 130 600 0.75% 2005 Internet/eCommerce Northwest
Software and Services
Series C 2-10M Shipping 25-50M 100-200
CFO No 175 0 88 263 55 1.04% 2002 Communications Software
Canadaand Services
Series A 2-10M Shipping 5-15M 51-100
CFO No 175 0 0 175 562 1.57% 2001 Communications Software
Southeast
and Services
Series B Pre Shipping 15-25M 26-50
CFO No 190 0 0 190 25 0.68% 1999 Enterprise SoftwareNortheast
and Services Series C 2-10M Shipping 25-50M 51-100
CFO No 200 0 40 240 1513 6.88% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
CFO No 200 0 0 200 201 1.20% 2006 Communications Software
Northeast
and Services
Series B 0-2M Shipping 15-25M 26-50
CFO No 260 0 260 520 2437 2.44% 1998 Internet/eCommerce Northeast
Software and Services
Series E 10-20M Shipping 15-25M 51-100
CFO No 200 0 30 230 140 1.00% 2006 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CFO No 205 0 82 287 219 1.41% 1993 Internet/eCommerce Southeast
Software and Services
Series B >40M Shipping 15-25M >200
CFO No 155 0 0 155 250 0.27% 2002 Semiconductor Southern Cal Series C Pre Product Development
75-100M 51-100
CFO No 175 0 35 210 1974 1.07% 2000 Enterprise SoftwareNortheast
and Services Series D 10-20M Shipping 25-50M 51-100
CFO No 120 0 0 120 76 0.76% 2003 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
CFO No 220 0 66 286 210 2.30% 1999 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
A 10-20MCal Shipping 2-5M 26-50
CFO No 200 0 25 225 2879 1.79% 2000 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 51-100
CFO No 200 0 70 270 500 0.91% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
CFO No 215 0 0 215 100 0.39% 2004 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CFO No 175 0 35 210 275 1.03% 2004 Internet/eCommerce Northeast
Software and Services
Series C 10-20M Shipping 75-100M 100-200
CFO No 66 0 0 66 35 1.00% 2006 Internet/eCommerce Southern
SoftwareCal
and Services
Series B 0-2M Product in Beta 5-15M 26-50
CFO No 130 39 0 169 247 0.75% 2006 Internet/eCommerce Europe
Software and Services
Series A 0-2M Product in Beta 15-25M 26-50
CFO No 145 0 73 218 203 0.39% 1998 Enterprise SoftwareSouthwest
and Services Series E 0-2M Shipping 25-50M 26-50
CFO No 94 0 12 106 200 2.00% 2006 Enterprise SoftwareIsrael
and Services Series A Pre Product in Beta 2-5M 26-50
CFO No 175 0 40 215 325 0.70% 2002 Computer Systems andNortheast
Peripherals Series B Pre Product in Beta 25-50M 51-100
CFO No 170 0 32 202 46 0.54% 1999 Internet/eCommerce Northeast
Software and Services
Series F or20-
above
40M Shipping 2-5M 100-200
CFO No 170 0 0 170 146 0.73% 2003 Enterprise SoftwareNortheast
and Services Series B 2-10M Product in Beta 5-15M 26-50
CFO No 175 0 18 193 1300 1.48% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product in Beta 50 - 75M 26-50
CFO No 160 0 32 192 225 2.27% 2006 Internet/eCommerce Central
Software and Services
Series B 0-2M Shipping 5-15M 10-25

Page 14 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Finance Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CFO No 252 0 100 352 475 1.58% 2004 Other - Specify in comments
Northeast Series C >40M Shipping 25-50M >200
CFO No 195 0 60 255 443 1.03% 2006 Enterprise SoftwareNortheast
and Services Series A 0-2M Shipping 15-25M 10-25
CFO No 190 0 0 190 1781 1.18% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
CFO No 270 0 100 370 2534 1.55% 2000 Computer Systems andNorthwest
Peripherals Series F or>40M
above Shipping Over 100M >200
CFO No 215 0 0 215 739 1.16% 2000 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping 75-100M 51-100
CFO No 210 53 0 263 1010 1.76% 1995 Communications Software
Northeast
and Services
Series D 20- 40M Profitable Over 100M 10-25
CFO No 180 0 72 252 236 0.24% 2005 Internet/eCommerce Central
Software and Services
Series C >40M Profitable Over 100M >200
CFO No 275 0 83 358 925 0.87% 1998 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A >40M Cal Profitable 50 - 75M >200
CFO No 230 0 0 230 300 1.34% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 51-100
CFO No 210 0 40 250 683 0.92% 2001 Enterprise SoftwareNortheast
and Services Series E >40M Shipping 50 - 75M >200
CFO No 190 0 40 230 330 0.60% 2000 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
CFO No 250 0 100 350 800 1.02% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
CFO No 300 0 0 300 386 0.96% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
CFO No 210 0 40 250 262 4.38% 1999 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D >40M Cal Shipping Over 100M >200
CFO No 245 0 122 367 1400 0.88% 1996 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Profitable 75-100M >200
CFO No 238 0 50 288 2000 1.48% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
CFO No 95 0 0 95 120 0.24% 2003 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CFO No 176 0 0 176 301 0.40% 1999 Communications Equipment
Europe Series E 10-20M Shipping 50 - 75M 51-100
CFO No 325 0 130 455 227 1.02% 1993 Enterprise SoftwareSouthern
and Services
Cal Series B >40M Profitable 50 - 75M >200
CFO No 170 0 0 170 190 0.44% 2001 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CFO No 250 0 187 437 1322 1.82% 2001 Other - Specify in comments
Southern Cal Series C 10-20M Product in Beta 50 - 75M 51-100
CFO No 174 0 0 174 333 5.87% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 10-25
CFO No 325 0 90 415 425 1.09% 1999 Other - Specify in comments
Northeast Series E >40M Profitable 25-50M >200
CFO No 170 0 0 170 245 1.32% 2001 Internet/eCommerce Southern
SoftwareCal
and Services
Series A 10-20M Shipping 5-15M 26-50
CFO No 218 0 0 218 800 0.62% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 26-50
CFO No 225 0 0 225 956 2.00% 1998 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Profitable 25-50M 51-100
CFO No 180 0 0 180 135 0.87% 2005 Financial Services SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CFO No 200 0 40 240 240 0.93% 2001 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
A 20- 40M
Cal Profitable 2-5M 100-200
CFO No 171 0 0 171 475 0.83% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
CFO No 180 0 30 210 90 0.51% 1994 Communications Software
Europe and Services
Series A 10-20M Shipping 5-15M 51-100
CFO No 185 0 0 185 223 0.50% 2005 Other - Specify in comments
Mountain Series A Pre Product in Beta 25-50M 10-25
CFO No 150 0 0 150 510 1.02% 1999 Enterprise SoftwareSouthwest
and Services Series B 2-10M Shipping 25-50M 26-50
CFO No 175 0 75 250 672 2.09% 1996 Financial Services SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping Over 100M >200
CFO No 180 0 0 180 100 0.77% 2005 Internet/eCommerce
SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CFO No 180 0 0 180 325 0.81% 2005 Computer Systems and
Northeast
Peripherals Series B Pre Shipping 25-50M 51-100
CFO No 110 0 0 110 397 1.35% 2006 Communications Equipment
Israel Series A Pre Early/Product Definition
5-15M 10-25
CFO No 180 0 27 207 191 0.74% 2004 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product in Beta 5-15M 26-50
CFO No 114 0 0 114 200 0.78% 2004 Communications Software
Israel and Services
Series B Pre Product in Beta 5-15M 10-25
CFO No 162 0 8 170 155 0.49% 2003 Semiconductor Other - Specify in
Series
comments
C 0-2M Shipping 25-50M 26-50
CFO No 150 0 0 150 80 0.69% 2005 Semiconductor Asia Series A 0-2M Product in Beta 5-15M 51-100
CFO No 105 0 31 136 159 0.75% 2006 Enterprise SoftwareNortheast
and Services Series B 0-2M Shipping 15-25M 26-50
CFO No 228 0 34 262 831 2.19% 1997 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
CFO No 180 0 0 180 376 0.64% 2004 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 25-50M 51-100
CFO No 200 0 70 270 3103 1.36% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
CFO No 180 0 0 180 110 1.30% 2003 Internet/eCommerce
SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta 5-15M 26-50
CFO No 187 0 0 187 1000 0.97% 2005 Internet/eCommerce
SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C Pre Cal Product Development
25-50M 51-100
CFO No 200 0 0 200 1400 1.84% 2004 Internet/eCommerce
Southern
SoftwareCal
and Services
Series D 20- 40M Shipping 5-15M 51-100
CFO No 180 0 0 180 250 1.12% 1998 Internet/eCommerce
Mountain
Software and Services
Series B >40M Profitable 25-50M 100-200
CFO No 180 0 50 230 2673 1.34% 2000 Enterprise SoftwareSF
and
Bay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 51-100
CFO No 179 0 53 232 772 1.10% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100

Page 15 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Finance Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CFO No 200 0 50 250 1312 0.95% 1997 Internet/eCommerce
SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
A 10-20MCal Shipping 75-100M 100-200
CFO No 200 0 0 200 870 1.61% 2002 Consumer Services Northwest Series B 2-10M Shipping 15-25M 51-100
CFO No 190 35 0 225 644 0.86% 1996 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CFO No 120 0 10 130 10759 3.00% 2001 Enterprise SoftwareNorthwest
and Services Series D 0-2M Shipping 15-25M 10-25
CFO No 250 0 56 306 46 0.58% 2004 Communications Software
Europe and Services
Series B Pre Product Development
25-50M 51-100
CFO No 230 0 80 310 3366 1.01% 1999 Communications Software
Europe and Services
Series C 2-10M Shipping 25-50M 51-100
CFO No 175 0 25 200 150 0.67% 2003 Enterprise SoftwareNortheast
and Services Series C 2-10M Shipping 25-50M 51-100
CFO No 185 0 0 185 250 0.54% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CFO No 175 0 40 215 2691 2.00% 2002 Enterprise SoftwareSouthwest
and Services Series B 2-10M Shipping 15-25M 26-50
CFO No 190 0 0 190 500 0.87% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CFO No 135 0 0 135 205 0.41% 2005 Enterprise SoftwareSoutheast
and Services Series B 0-2M Shipping 5-15M 26-50
CFO No 114 0 0 114 48 0.66% 2001 Communications Software
Israel and Services
Series B 0-2M Shipping 5-15M 26-50
CFO No 225 0 0 225 3420 1.24% 1998 Internet/eCommerce
SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 75-100M >200
CFO No 160 0 40 200 1324 1.21% 2000 Communications Equipment
Northeast Series D 10-20M Shipping 50 - 75M 51-100
CFO No 160 0 0 160 150 0.83% 2001 Other - Specify in comments
Southwest Series D 0-2M Shipping 25-50M 26-50
CFO No 177 0 25 202 412 0.97% 1994 Enterprise SoftwareNorthwest
and Services Series B 20- 40M Shipping 15-25M 100-200
CFO No 180 0 65 245 1100 0.90% 1999 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CFO No 200 0 0 200 400 1.24% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 10-25
CFO No 257 0 77 334 330 1.50% 2001 Enterprise SoftwareEurope
and Services Series C >40M Shipping 15-25M >200
CFO No 235 0 70 305 435 1.89% 1997 Other - Specify in comments
Southern Cal Series B >40M Profitable 5-15M >200
CFO No 180 0 50 230 475 0.89% 2004 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CFO No 172 0 0 172 20 0.06% 2001 Semiconductor Southeast Series A Pre Product Development
2-5M 10-25
CFO No 175 0 0 175 300 1.99% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Early/Product Definition
5-15M 10-25
CFO No 200 0 20 220 254 0.90% 2001 Other - Specify in comments
Northeast Series B 2-10M Shipping 25-50M 51-100
CFO No 150 0 38 188 1000 1.00% 2000 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CFO No 241 0 0 241 1808 0.70% 1999 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E >40M Cal Shipping Over 100M >200
CFO No 199 0 0 199 269 1.28% 2002 Communications Software
Centraland Services
Series C 0-2M Product Development
25-50M 26-50
CFO No 200 0 0 200 2100 1.47% 2000 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CFO No 200 0 50 250 403 0.69% 2000 Communication Software
Northeast
and Services
Series B 20- 40M Profitable 25-50M 100-200
CFO No 190 0 24 214 2687 0.98% 2001 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 26-50
CFO No 175 0 0 175 390 0.90% 2006 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
CFO No 175 0 40 215 577 1.75% 2002 Internet/eCommerce Northeast
Software and Services
Series C Pre Restart 25-50M 10-25
CFO No 190 0 20 210 3193 1.00% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Restart 25-50M 51-100
CFO No 210 0 42 252 930 1.75% 2005 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Product in Beta 5-15M 51-100
CFO No 220 0 55 275 733 1.31% 1998 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
CFO No 225 0 40 265 1350 1.26% 2001 Enterprise SoftwareSouthwest
and Services Series D 10-20M Shipping 25-50M 51-100
CFO No 175 0 50 225 542 0.86% 2000 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 51-100
CFO No 180 0 35 215 34 0.86% 1996 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 10-25
CFO No 160 0 40 200 431 1.01% 1999 Internet/eCommerce Southeast
Software and Services
Series A 10-20M Product Development
25-50M 26-50
CFO No 136 0 0 136 845 0.37% 1999 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Profitable 25-50M 51-100
CFO No 210 0 0 210 1000 1.05% 1998 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping Over 100M >200
CFO No 175 0 25 200 340 0.89% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E >40M Cal Profitable 50 - 75M 100-200
CFO No 185 0 35 220 283 0.99% 2002 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 26-50
CFO No 190 0 48 238 344 0.62% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CFO No 275 0 100 375 880 1.35% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A >40M Cal Profitable 5-15M >200
CFO No 160 0 30 190 454 0.87% 2000 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
CFO No 175 0 75 250 75 0.75% 1989 Enterprise SoftwareMountain
and Services Series A 20- 40M Profitable 50 - 75M 51-100
CFO No 185 0 45 230 1900 1.00% 1998 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
E 20- 40M
Cal Profitable 50 - 75M 100-200
CFO No 100 0 0 100 164 0.29% 1999 Communications Equipment
Israel Series C 0-2M Shipping 25-50M 10-25
CFO No 190 0 0 190 35 0.73% 2005 Semiconductor Northeast Series B Pre Product in Beta 15-25M 26-50
CFO No 185 0 70 255 262 1.24% 1996 Enterprise SoftwareNortheast
and Services Series A 2-10M Shipping 25-50M 26-50

Page 16 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Finance Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CFO No 225 0 56 281 706 1.23% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
E 0-2MCal Shipping 50 - 75M 26-50
CFO No 240 0 42 282 500 0.71% 1999 Internet/eCommerce Europe
Software and Services
Series B 20- 40M Shipping 15-25M >200
CFO No 190 0 57 247 2320 0.99% 1998 Semiconductor Northeast Series C 2-10M Product in Beta 75-100M 51-100
CFO No 190 0 38 228 250 1.00% 2003 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CFO No 225 0 75 300 575 0.96% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
CFO No 300 0 60 360 2210 1.21% 2000 Computer Systems andSF Bay
Peripherals
Area/Silicon
Series
Valley/No.
E 10-20MCal Shipping Over 100M 100-200
CFO No 175 0 35 210 1871 1.23% 1997 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Product Development
25-50M 10-25
CFO No 200 0 48 248 530 0.89% 1995 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
CFO No 195 0 40 235 1000 0.87% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Shipping 15-25M 26-50
CFO No 300 0 38 338 1208 1.78% 2000 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C >40M Cal Profitable 25-50M >200
CFO No 175 0 0 175 183 1.00% 1995 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 75-100M 10-25
CFO No 195 0 0 195 740 1.56% 2001 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B 20- 40M
Cal Shipping 25-50M >200
CFO No 225 0 75 300 1200 1.21% 2001 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 51-100
CFO No 193 0 32 225 1250 0.75% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping 50 - 75M 51-100
CFO No 200 0 80 280 300 0.49% 1999 Communications Equipment
Southeast Series B >40M Shipping 50 - 75M 100-200
CFO No 230 0 92 322 1000 1.59% 1993 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
CFO No 200 0 100 300 120 0.80% 1994 Other - Specify in comments
Northwest Series D >40M Profitable 50 - 75M >200
CFO No 180 0 50 230 425 1.74% 2002 Enterprise SoftwareNortheast
and Services Series B 10-20M Shipping 25-50M 51-100
CFO No 225 0 50 275 1674 1.25% 2000 Semiconductor Northwest Series E 20- 40M Shipping 75-100M 100-200
CFO No 160 0 0 160 308 0.96% 2001 Communications Software
Northeast
and Services
Series B 2-10M Shipping 25-50M 51-100
CFO No 185 0 55 240 750 0.78% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 26-50
CFO No 182 0 60 242 312 0.92% 1996 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 100-200
CFO No 180 0 40 220 972 0.82% 1998 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 50 - 75M 100-200
CFO No 200 0 40 240 440 1.21% 2000 Communications Equipment
Southern Cal Series C 20- 40M Profitable 25-50M 100-200
CFO No 225 0 50 275 531 1.19% 1993 Enterprise SoftwareNortheast
and Services Series A 2-10M Restart 25-50M 51-100
CFO No 200 0 80 280 300 0.81% 1997 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
F or20-
above
40M
Cal Shipping 50 - 75M 100-200
CFO No 167 0 28 195 224 1.00% 2003 Communications Equipment
Northeast Series C 10-20M Shipping 25-50M 51-100
CFO No 180 0 0 180 540 0.79% 2002 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 15-25M 51-100
CFO No 140 40 0 180 150 0.48% 2004 Other - Specify in comments
Southeast Series C 0-2M Shipping 50 - 75M 26-50
CFO No 200 0 60 260 1291 1.59% 2001 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 26-50
CFO No 170 0 40 210 135 0.75% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
CFO No 170 0 40 210 135 0.75% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
CFO No 220 0 70 290 750 1.76% 1999 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping Over 100M 100-200
CFO No 190 0 30 220 613 2.00% 1999 Financial Services Southeast Series B 2-10M Shipping 15-25M 51-100
CFO No 180 0 50 230 221 1.50% 1998 Enterprise SoftwareNortheast
and Services Series A 0-2M Shipping 5-15M 10-25
CFO No 160 0 60 220 230 1.35% 2002 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
CFO No 210 0 84 294 327 0.78% 2002 Enterprise SoftwareNortheast
and Services Series C 10-20M Shipping 15-25M 100-200
CFO No 200 0 50 250 260 1.05% 1998 Enterprise SoftwareNortheast
and Services Series C 10-20M Shipping 25-50M 100-200
CFO No 189 0 47 236 217 1.15% 1991 Other - Specify in comments
Southern Cal Series F or10-20M
above Shipping 25-50M 100-200
CFO No 165 0 30 195 277 1.35% 2002 Communications Equipment
Southwest Series B 2-10M Shipping 15-25M 26-50
CFO No 210 0 74 284 640 0.61% 1999 Computer Systems andSF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D >40M Cal Shipping 75-100M >200
CFO No 175 0 30 205 290 1.60% 1990 Enterprise SoftwareNortheast
and Services Series A 20- 40M Profitable 5-15M 100-200
CFO No 180 0 30 210 228 0.74% 2004 Enterprise SoftwareNortheast
and Services Series C 0-2M Shipping 2-5M 51-100
CFO No 175 0 30 205 2340 2.00% 2001 Communications Software
Northeast
and Services
Series F or2-10M
above Shipping 25-50M 51-100
CFO No 175 0 88 263 225 0.80% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
CFO No 160 0 48 208 335 0.99% 2000 Semiconductor Northeast Series C 2-10M Shipping 50 - 75M 51-100
VP of Finance No 155 0 47 202 40 0.20% 1996 Internet/eCommerce Northeast
Software and Services
Series A >40M Profitable 50 - 75M >200
VP of Finance No 175 0 18 193 250 0.51% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP of Finance No 170 0 20 190 70 0.29% 2002 Semiconductor Northeast Series D 10-20M Shipping 50 - 75M 100-200
VP of Finance No 150 0 0 150 105 0.24% 2003 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP of Finance No 120 12 0 132 4 0.19% 2003 Enterprise SoftwareSFand
Bay
Services
Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
15-25M 10-25
VP of Finance No 150 0 10 160 520 0.95% 2004 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
VP of Finance No 165 0 0 165 50 0.20% 2005 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product in Beta 2-5M 10-25

Page 17 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Finance Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of Finance No 120 0 0 120 145 0.75% 2005 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
VP of Finance No 51 0 0 51 10 0.07% 2005 Enterprise SoftwareIsrael
and Services Series A Pre Product in Beta 5-15M 26-50
VP of Finance No 100 0 0 100 97 0.50% 2003 Internet/eCommerce Mountain
Software and Services
Series A 0-2M Shipping 5-15M 10-25
VP of Finance No 135 0 0 135 75 0.40% 2005 Internet/eCommerce Northeast
Software and Services
Series A 2-10M Shipping 5-15M 26-50
VP of Finance No 120 0 24 144 370 0.40% 2003 Other - Specify in comments
Central Series B 2-10M Shipping 5-15M 100-200
VP of Finance No 135 0 0 135 99 0.51% 2004 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C Pre Cal Product in Beta 15-25M 26-50
VP of Finance No 120 0 20 140 120 0.66% 2004 Internet/eCommerce Europe
Software and Services
Series A 2-10M Product Development
15-25M 26-50
VP of Finance No 76 0 6 82 123 0.40% 2003 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M >200
VP of Finance No 165 0 0 165 91 0.85% 2001 Enterprise SoftwareNortheast
and Services Series D 10-20M Shipping 25-50M 51-100
VP of Finance No 140 0 35 175 150 0.21% 1999 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
VP of Finance No 160 0 25 185 700 0.60% 2005 Internet/eCommerce Other
Software
- Specify
and inServices
Series
comments
A 2-10M Shipping 5-15M 51-100
VP of Finance No 175 0 35 210 75 0.43% 1998 Enterprise SoftwareNorthwest
and Services Series C 20- 40M Profitable 25-50M 51-100
VP of Finance No 161 0 0 161 156 0.18% 2001 Communications Equipment
Europe Series D 2-10M Shipping 50 - 75M 26-50
VP of Finance No 156 0 20 176 40 0.28% 2005 Communications Software
Europe and Services
Series A 0-2M Shipping 5-15M 10-25
VP of Finance No 175 0 0 175 150 0.15% 2002 Enterprise SoftwareSFand
BayServices
Area/Silicon
Series
Valley/No.
D 10-20MCal Profitable 25-50M 100-200
VP of Finance No 140 0 35 175 90 0.45% 1999 Internet/eCommerce Southern
SoftwareCal
and Services
Series D >40M Profitable 25-50M >200
VP of Finance No 140 0 56 196 163 0.27% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
VP of Finance No 160 0 32 192 104 0.26% 2003 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
VP of Finance No 91 0 12 103 130 0.84% 2005 Enterprise SoftwareIsrael
and Services Series B Pre Product Development
5-15M 26-50
VP of Finance No 165 0 0 165 435 1.21% 2006 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product in Beta 5-15M 10-25
VP of Finance No 130 0 20 150 33 0.54% 2003 Other - Specify in comments
Northwest Series B 2-10M Shipping 5-15M 26-50
VP of Finance No 200 0 0 200 100 0.33% 2004 Semiconductor Europe Series A Pre Product in Beta 5-15M 10-25
VP of Finance No 108 0 18 126 312 0.63% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
VP of Finance No 150 0 0 150 100 0.33% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Profitable 15-25M >200
VP of Finance No 150 0 15 165 450 0.52% 1999 Enterprise SoftwareNortheast
and Services Series A 20- 40M Profitable 25-50M 100-200
VP of Finance No 175 0 35 210 400 0.38% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
VP of Finance No 165 24 0 189 226 0.99% 2004 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP of Finance No 130 0 13 143 88 0.31% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
VP of Finance No 150 0 25 175 135 0.61% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta 5-15M 10-25
VP of Finance No 160 0 0 160 60 0.53% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 50 - 75M 26-50
VP of Finance No 155 0 20 175 152 0.73% 2005 Enterprise SoftwareSFand
BayServices
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 26-50
VP of Finance No 88 0 25 113 20 0.49% 1996 Internet/eCommerce Northeast
Software and Services
Series C 2-10M Profitable 25-50M 51-100
VP of Finance No 180 0 68 248 900 0.36% 2000 Enterprise SoftwareNorthwest
and Services Series B 2-10M Shipping 25-50M 100-200
VP of Finance No 160 0 40 200 460 0.77% 2002 Enterprise SoftwareSFand
BayServices
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP of Finance No 195 55 20 270 630 2.95% 1999 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Restart 25-50M 26-50
VP of Finance No 140 0 0 140 120 1.20% 2007 Other - Specify in comments
Southern Cal Series A 0-2M Early/Product Definition
2-5M 1-9
VP of Finance No 150 0 0 150 120 0.50% 2006 Semiconductor Northeast Series B Pre Product in Beta 5-15M 26-50
VP of Finance No 100 0 15 115 73 0.60% 1999 Internet/eCommerce Central
Software and Services
Series D 2-10M Shipping 25-50M 51-100
VP of Finance No 150 0 30 180 40 0.31% 2007 Internet/eCommerce Northeast
Software and Services
Series A Pre Product Development
2-5M 1-9
VP of Finance No 170 0 0 170 730 0.89% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
5-15M 10-25
VP of Finance No 160 0 20 180 191 0.76% 2004 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP of Finance No 137 0 14 151 96 0.44% 2001 Enterprise SoftwareMountain
and Services Series B 2-10M Shipping 15-25M 51-100
VP of Finance No 120 0 20 140 67 0.20% 2001 Enterprise SoftwareSFand
BayServices
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP of Finance No 157 0 17 174 80 0.39% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 51-100
VP of Finance No 135 0 20 155 50 0.14% 2000 Communications Software
SF Bay and
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP of Finance No 140 0 28 168 105 0.50% 2000 Enterprise SoftwareSFand
BayServices
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 26-50
VP of Finance No 156 0 30 186 500 1.65% 2004 Internet/eCommerce Southern
SoftwareCal
and Services
Series A 0-2M Shipping 5-15M 10-25
VP of Finance No 150 0 30 180 160 0.44% 2003 Enterprise SoftwareNortheast
and Services Series D 0-2M Shipping 25-50M 51-100
VP of Finance No 165 0 0 165 300 0.32% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 50 - 75M 51-100
VP of Finance No 128 0 0 128 253 0.50% 2002 Semiconductor Southwest Series C Pre Product Development
25-50M 26-50
VP of Finance No 205 0 41 246 1500 0.26% 1999 Computer Systems andSF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping Over 100M 100-200
VP of Finance No 160 0 0 160 369 1.52% 2001 Communicatons Software
SF BayandArea/Silicon
Services
Series
Valley/No.
A 0-2MCal Product Development
25-50M 26-50
VP of Finance No 160 0 20 180 250 1.00% 2004 Computer Systems andNortheast
Peripherals Series B 2-10M Shipping 15-25M 26-50

Page 18 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Finance Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of Finance No 170 0 0 170 240 0.47% 2001 Semiconductor Southern Cal Series C 2-10M Product Development
25-50M 51-100
VP of Finance No 153 0 40 193 175 0.33% 2000 Enterprise SoftwareSF
and
Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP of Finance No 150 0 0 150 130 0.23% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
VP of Finance No 132 0 23 155 357 0.47% 2003 Consumer Services Northwest Series C 2-10M Shipping 15-25M 26-50
VP of Finance No 140 0 28 168 91 0.38% 2000 Enterprise SoftwareSF
and
Bay
Services
Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Shipping 5-15M 26-50
VP of Finance No 158 0 33 191 375 0.37% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP of Finance No 180 0 35 215 800 0.73% 1998 Enterprise SoftwareSF
and
Bay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 75-100M >200
VP of Finance No 123 0 0 123 172 0.63% 2002 Communications Equipment
Northeast Series D 10-20M Shipping 25-50M 51-100
VP of Finance No 145 0 0 145 200 0.10% 2003 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 26-50
VP of Finance No 127 0 0 127 78 0.15% 2003 Communications Equipment
Southern Cal Series B 0-2M Shipping 15-25M 26-50
VP of Finance No 160 0 40 200 432 1.00% 2001 Enterprise SoftwareSF
and
Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 26-50

Page 19 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Technical Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CSO Yes 150 0 0 150 7973 9.60% 2001 Enterprise Software Northeast
and Services Series D 2-10M Shipping 15-25M 51-100
CSO Yes 155 0 66 221 3016 5.65% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 100-200
CSO Yes 156 0 0 156 500 5.00% 2006 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping Under 2M 1-9
CSO Yes 178 0 89 267 400 3.42% 2006 Financial Services Southern Cal Series A Pre Product Development
5-15M 100-200
CSO Yes 170 0 13 183 1036 5.03% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 51-100
CSO Yes 300 0 0 300 8083 4.93% 2000 Computer Systems and
Northwest
Peripherals Series F or>40M
above Shipping Over 100M >200
CSO Yes 200 0 0 200 3375 25.96% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CSO Yes 113 0 0 113 4300 14.62% 2006 Communications Equipment
Israel Series A Pre Early/Product Definition
5-15M 10-25
CSO Yes 180 0 80 260 302 1.06% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 26-50
CSO Yes 150 0 0 150 3000 9.68% 2004 Other - Specify in comments
Southeast Series C 0-2M Shipping 50 - 75M 26-50
CSO Yes 145 0 30 175 1600 7.26% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta5-15M 10-25
CSO Yes 120 0 0 120 5000 10.00% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 2-5M 10-25
CSO Yes 200 0 35 235 16129 12.00% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CSO Yes 180 0 35 215 1588 4.96% 2001 Enterprise Software Northeast
and Services Series C 2-10M Shipping 15-25M 26-50
CSO Yes 190 0 0 190 73 1.83% 0 Other - Specify in comments
Northeast Series A Pre Early/Product Definition
2-5M 1-9
CSO Yes 150 0 16 166 1020 21.58% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 2-5M 10-25
CSO Yes 150 0 0 150 906 1.95% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CTO Yes 150 0 23 173 3840 7.16% 2001 Internet/eCommerceSouthern
SoftwareCal
and Services
Series C 10-20M Shipping 15-25M 51-100
CTO Yes 125 0 0 125 1821 6.74% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Product in Beta15-25M 51-100
CTO Yes 168 0 49 217 990 7.94% 2005 Communications Equipment
Europe Series A Pre Product Development
5-15M 51-100
CTO Yes 200 0 0 200 3500 6.97% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product in Beta25-50M 26-50
CTO Yes 100 0 0 100 932 4.11% 2002 Internet/eCommerceEurope
Software and Services
Series A 20- 40M Shipping 5-15M >200
CTO Yes 166 0 44 210 478 2.02% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
CTO Yes 185 0 0 185 1000 4.76% 2007 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
CTO Yes 180 0 0 180 2700 8.26% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CTO Yes 130 0 0 130 1700 7.08% 2006 Enterprise Software Northeast
and Services Series A Pre Shipping 2-5M 10-25
CTO Yes 250 0 0 250 3000 14.49% 2005 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Early/Product Definition
5-15M 1-9
CTO Yes 195 0 39 234 1600 6.67% 2005 Enterprise Software Northeast
and Services Series B 0-2M Shipping 15-25M 26-50
CTO Yes 220 0 88 308 2040 3.04% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
CTO Yes 200 0 40 240 835 3.80% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
CTO Yes 200 0 0 200 1725 10.33% 2006 Communications Software
Northeast
and Services
Series B 0-2M Shipping 15-25M 26-50
CTO Yes 195 0 40 235 2100 15.00% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CTO Yes 200 0 80 280 1000 6.45% 1993 Internet/eCommerceSoutheast
Software and Services
Series B >40M Shipping 15-25M >200
CTO Yes 192 0 0 192 2324 2.52% 2002 Semiconductor Southern Cal Series C Pre Product Development
75-100M 51-100
CTO Yes 200 0 0 200 415 4.15% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
CTO Yes 180 0 50 230 1400 2.55% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
CTO Yes 195 0 0 195 580 2.24% 2004 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CTO Yes 175 0 0 175 900 2.81% 2004 Semiconductor Southern Cal Series B 10-20M Profitable 25-50M 51-100
CTO Yes 175 0 35 210 453 1.69% 2004 Internet/eCommerceNortheast
Software and Services
Series C 10-20M Shipping 75-100M 100-200
CTO Yes 93 0 0 93 500 14.29% 2006 Internet/eCommerceSouthern
SoftwareCal
and Services
Series B 0-2M Product in Beta5-15M 26-50
CTO Yes 165 0 0 165 1384 3.00% 2002 Computer Systems and
Northeast
Peripherals Series B Pre Product in Beta25-50M 51-100
CTO Yes 150 0 0 150 5000 25.00% 2003 Enterprise Software Northeast
and Services Series B 2-10M Product in Beta5-15M 26-50
CTO Yes 185 0 0 185 550 0.86% 2000 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping 75-100M 51-100
CTO Yes 161 0 57 218 162 1.08% 1991 Enterprise Software Northeast
and Services Series A 10-20M Profitable 50 - 75M 100-200
CTO Yes 180 0 54 234 319 0.79% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
CTO Yes 160 0 0 160 928 1.87% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CTO Yes 228 0 0 228 666 0.88% 1999 Communications Equipment
Europe Series E 10-20M Shipping 50 - 75M 51-100

Page 20 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Technical Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CTO Yes 150 0 0 150 2000 12.92% 2005 Financial Services SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CTO Yes 170 0 85 255 556 1.25% 2005 Other - Specify in comments
Mountain Series A Pre Product in Beta25-50M 10-25
CTO Yes 120 0 18 138 3480 13.44% 2004 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product in Beta5-15M 26-50
CTO Yes 110 0 0 110 2000 17.63% 2007 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta5-15M 10-25
CTO Yes 180 0 0 180 250 2.17% 2005 Semiconductor Asia Series A 0-2M Product in Beta5-15M 51-100
CTO Yes 150 0 45 195 640 3.02% 2006 Enterprise Software Northeast
and Services Series B 0-2M Shipping 15-25M 26-50
CTO Yes 165 0 0 165 1050 1.78% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 25-50M 51-100
CTO Yes 200 0 0 200 15000 19.74% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series D 20- 40M Shipping 5-15M 51-100
CTO Yes 220 0 66 286 300 3.79% 2004 Communications Software
Europeand Services
Series B Pre Product Development
25-50M 51-100
CTO Yes 190 0 0 190 906 1.95% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CTO Yes 160 0 0 160 3500 6.07% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CTO Yes 160 0 0 160 4000 8.00% 2005 Enterprise Software Southeast
and Services Series B 0-2M Shipping 5-15M 26-50
CTO Yes 200 0 0 200 1303 4.04% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 10-25
CTO Yes 227 0 17 244 100 0.45% 2001 Enterprise Software Europe
and Services Series C >40M Shipping 15-25M >200
CTO Yes 193 0 58 251 3470 15.09% 1997 Other - Specify in comments
Southern Cal Series B >40M Profitable 5-15M >200
CTO Yes 189 0 0 189 600 1.72% 2001 Semiconductor Southeast Series A Pre Product Development
2-5M 10-25
CTO Yes 192 0 80 272 1200 7.95% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Early/Product Definition
5-15M 10-25
CTO Yes 168 0 16 184 550 1.95% 2001 Other - Specify in comments
Northeast Series B 2-10M Shipping 25-50M 51-100
CTO Yes 241 0 0 241 1939 0.75% 1999 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E >40M Cal Shipping Over 100M >200
CTO Yes 195 0 49 244 3425 5.91% 2000 Communication Software
Northeast
and Services
Series B 20- 40M Profitable 25-50M 100-200
CTO Yes 180 0 25 205 990 3.00% 2002 Internet/eCommerceNortheast
Software and Services
Series C Pre Restart 25-50M 10-25
CTO Yes 180 0 25 205 990 3.00% 2002 Internet/eCommerceNortheast
Software and Services
Series C Pre Restart 25-50M 10-25
CTO Yes 215 0 0 215 6287 1.97% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Restart 25-50M 51-100
CTO Yes 100 0 0 100 4000 7.53% 2005 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Product in Beta5-15M 51-100
CTO Yes 157 0 53 210 800 1.27% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 51-100
CTO Yes 191 0 0 191 8521 3.74% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Profitable 25-50M 51-100
CTO Yes 200 0 50 250 5270 9.51% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CTO Yes 120 0 0 120 1000 1.78% 1999 Communications Equipment
Israel Series C 0-2M Shipping 25-50M 10-25
CTO Yes 160 0 0 160 177 3.69% 2005 Semiconductor Northeast Series B Pre Product in Beta15-25M 26-50
CTO Yes 235 0 41 276 623 0.88% 1999 Internet/eCommerceEurope
Software and Services
Series B 20- 40M Shipping 15-25M >200
CTO Yes 222 0 75 297 1778 2.96% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
CTO Yes 222 0 75 297 1778 2.96% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
CTO Yes 205 0 80 285 2477 3.66% 2000 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C >40M Cal Profitable 25-50M >200
CTO Yes 200 0 0 200 2886 6.09% 2001 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B 20- 40M
Cal Shipping 25-50M >200
CTO Yes 170 0 50 220 755 3.09% 2002 Enterprise Software Northeast
and Services Series B 10-20M Shipping 25-50M 51-100
CTO Yes 260 0 50 310 12600 9.42% 2000 Semiconductor Northwest Series E 20- 40M Shipping 75-100M 100-200
CTO Yes 200 0 60 260 2087 2.17% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 26-50
CTO Yes 186 0 40 226 1000 4.47% 2003 Communications Equipment
Northeast Series C 10-20M Shipping 25-50M 51-100
CTO Yes 230 0 40 270 360 2.00% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
CTO Yes 161 0 28 189 708 4.81% 1998 Enterprise Software Northeast
and Services Series A 0-2M Shipping 5-15M 10-25
CTO Yes 120 30 0 150 2601 6.21% 2002 Enterprise Software Northeast
and Services Series C 10-20M Shipping 15-25M 100-200
CTO Yes 220 0 77 297 2313 2.20% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D >40M Cal Shipping 75-100M >200
CTO Yes 160 0 40 200 2000 11.03% 1990 Enterprise Software Northeast
and Services Series A 20- 40M Profitable 5-15M 100-200
CTO Yes 160 0 30 190 2340 2.00% 2001 Communications Software
Northeast
and Services
Series F or2-10M
above Shipping 25-50M 51-100
CTO Yes 170 0 48 218 678 2.01% 2000 Semiconductor Northeast Series C 2-10M Shipping 50 - 75M 51-100
CTO Yes 120 0 0 120 2000 7.45% 2002 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 100-200
CTO Yes 170 0 30 200 1400 5.83% 2002 Semiconductor Northeast Series D 10-20M Shipping 50 - 75M 100-200

Page 21 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Technical Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CTO Yes 225 0 0 225 1193 2.68% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CTO Yes 160 0 8 168 4100 7.45% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
CTO Yes 150 0 0 150 6700 26.80% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product in Beta2-5M 10-25
CTO Yes 125 0 0 125 1500 7.77% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
CTO Yes 165 0 0 165 681 3.52% 2003 Internet/eCommerceMountain
Software and Services
Series A 0-2M Shipping 5-15M 10-25
CTO Yes 200 0 0 200 2459 12.62% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C Pre Cal Product in Beta15-25M 26-50
CTO Yes 150 0 0 150 139 1.29% 2001 Enterprise Software Northeast
and Services Series D 10-20M Shipping 25-50M 51-100
CTO Yes 250 0 0 250 2707 3.04% 2001 Communications Equipment
Europe Series D 2-10M Shipping 50 - 75M 26-50
CTO Yes 185 0 50 235 2400 2.40% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Profitable 25-50M 100-200
CTO Yes 170 0 50 220 733 3.67% 1999 Internet/eCommerceSouthern
SoftwareCal
and Services
Series D >40M Profitable 25-50M >200
CTO Yes 201 0 101 302 2150 3.56% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
CTO Yes 150 0 30 180 6000 14.80% 2003 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
CTO Yes 250 0 44 294 1000 16.41% 2003 Other - Specify in comments
Northwest Series B 2-10M Shipping 5-15M 26-50
CTO Yes 160 0 40 200 1881 6.28% 2004 Semiconductor Europe Series A Pre Product in Beta5-15M 10-25
CTO Yes 167 25 0 192 4000 17.47% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CTO Yes 180 0 63 243 1125 3.97% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
CTO Yes 200 0 40 240 2090 8.71% 2006 Semiconductor Northeast Series B Pre Product in Beta5-15M 26-50
CTO Yes 170 0 0 170 9005 10.98% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
5-15M 10-25
CTO Yes 150 0 0 150 1022 4.09% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CTO Yes 194 0 40 234 100 0.46% 2001 Enterprise Software Mountain
and Services Series B 2-10M Shipping 15-25M 51-100
CTO Yes 180 0 50 230 1680 4.94% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CTO Yes 179 0 4 183 1341 6.51% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 51-100
CTO Yes 114 0 0 114 1205 3.47% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
CTO Yes 195 0 39 234 12220 2.10% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping Over 100M 100-200
CTO Yes 160 0 20 180 994 3.98% 2004 Computer Systems and
Northeast
Peripherals Series B 2-10M Shipping 15-25M 26-50
CTO Yes 120 0 40 160 833 1.56% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CTO Yes 225 0 0 225 6000 3.00% 2003 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 26-50
CTO Yes 85 0 0 85 3000 31.32% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A Pre Cal Product in Beta2-5M 1-9
CTO Yes 142 0 0 142 1458 7.36% 2006 Semiconductor Southwest Series A Pre Product Development
5-15M 26-50
CTO Yes 193 0 0 193 3257 0.82% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
CTO Yes 157 0 16 173 946 2.87% 2003 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
CTO Yes 160 0 40 200 674 6.13% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Profitable 15-25M 10-25
CTO Yes 190 0 15 205 2375 3.65% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 20- 40M
Cal Shipping 50 - 75M 100-200
CTO Yes 225 0 0 225 1000 7.69% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Early/Product Definition
5-15M 26-50
CTO Yes 105 0 0 105 1800 18.00% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 51-100
CTO Yes 120 0 0 120 460 8.76% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 2-5M 26-50
CTO Yes 150 0 0 150 1000 3.70% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CTO Yes 120 0 60 180 42 27.63% 2003 Communications Software
Europeand Services
Series A 2-10M Shipping 2-5M 26-50
CTO Yes 60 0 0 60 2594 5.38% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CTO Yes 96 0 0 96 825 5.45% 2003 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 2-5M 1-9
CTO Yes 150 0 0 150 3272 7.26% 2005 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
CTO Yes 200 0 40 240 2000 12.67% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CTO Yes 100 0 0 100 185 24.67% 2006 Internet/eCommerceIsrael
Software and Services
Series A Pre Product in Beta2-5M 10-25
CTO Yes 180 0 0 180 800 4.44% 2006 Consumer Services Southern Cal Series A 0-2M Shipping 2-5M 10-25
CTO Yes 150 0 20 170 986 8.94% 2001 Enterprise Software Southern
and Services
Cal Series A 2-10M Shipping 2-5M 26-50
CTO Yes 160 0 0 160 1500 6.96% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product Development
5-15M 10-25
CTO Yes 180 0 0 180 6000 6.25% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50

Page 22 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Technical Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CTO Yes 175 0 0 175 880 12.49% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta2-5M 10-25
CTO Yes 175 0 0 175 3000 10.00% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 10-25
CTO Yes 140 0 0 140 2000 7.14% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 10-20MCal Product in Beta15-25M 26-50
CTO Yes 180 0 0 180 3200 11.03% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
CTO Yes 160 0 0 160 1020 6.00% 2004 Communications Equipment
Central Series B 0-2M Product in Beta15-25M 10-25
CTO Yes 225 0 338 563 3477 15.12% 2004 Internet/eCommerceNortheast
Software and Services
Series C >40M Product Development
25-50M 26-50
CTO Yes 160 0 0 160 2100 7.50% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
CTO Yes 100 0 100 200 2000 9.86% 2002 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CTO Yes 190 0 10 200 3720 11.10% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
CTO Yes 180 0 20 200 650 1.31% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CTO Yes 190 0 0 190 4850 7.14% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
CTO Yes 187 0 0 187 1685 5.01% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
75-100M 10-25
CTO Yes 145 0 0 145 1000 6.16% 2006 Internet/eCommerceNortheast
Software and Services
Series A Pre Product in Beta2-5M 10-25
CTO Yes 254 0 51 305 2100 5.13% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
75-100M 51-100
CTO Yes 193 0 0 193 875 2.10% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
CTO Yes 175 0 0 175 2957 3.56% 2001 Other - Specify in comments
Northeast Series C 0-2M Product in Beta5-15M 26-50
CTO Yes 190 0 0 190 1424 5.70% 2004 Computer Systems and
Southwest
Peripherals Series B 0-2M Shipping 15-25M 26-50
CTO Yes 165 0 0 165 2500 8.33% 2006 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
CTO Yes 160 0 0 160 8000 11.84% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
CTO Yes 180 0 0 180 189 1.58% 2002 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Shipping 25-50M 26-50
CTO Yes 135 0 0 135 1825 7.82% 2006 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping 5-15M 26-50
CTO Yes 215 0 75 290 3396 4.38% 2000 Enterprise Software Canada
and Services Series C 20- 40M Shipping 25-50M >200
CTO Yes 200 0 0 200 1362 2.94% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 15-25M 10-25
CTO Yes 150 0 0 150 2607 52.38% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 2-10M Cal Profitable Under 2M 10-25
CTO Yes 150 0 25 175 855 4.24% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CTO Yes 180 0 20 200 2367 2.63% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
CTO Yes 180 0 0 180 2155 1.68% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping Over 100M >200
CTO Yes 170 0 0 170 355 5.07% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 2-5M 1-9
CTO Yes 200 0 0 200 2165 10.70% 2006 Enterprise Software Southern
and Services
Cal Series A 0-2M Shipping 5-15M 26-50
CTO Yes 220 0 55 275 3004 4.37% 2003 Enterprise Software Northeast
and Services Series D 2-10M Shipping 25-50M 51-100
CTO Yes 155 0 0 155 465 2.07% 2000 Communications Equipment
Northeast Series B 0-2M Product in Beta50 - 75M 51-100
CTO Yes 160 0 40 200 784 1.01% 2001 Enterprise Software Northwest
and Services Series B 2-10M Shipping 25-50M 26-50
CTO Yes 187 0 0 187 1563 2.74% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 51-100
CTO Yes 180 0 0 180 8000 10.00% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
CTO Yes 160 25 0 185 2190 11.68% 2005 Computer Systems and
Northeast
Peripherals Series A Pre Product Development
5-15M 10-25
CTO Yes 150 0 30 180 191 2.10% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CTO Yes 185 0 93 278 757 4.96% 2001 Other - Specify in comments
Northeast Series B 0-2M Product in Beta15-25M 26-50
CTO Yes 200 0 0 200 3688 22.61% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Profitable 5-15M 26-50
CTO Yes 180 0 0 180 3000 6.85% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 26-50
CTO Yes 200 40 0 240 825 4.58% 2006 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
VP, Technology Yes 175 0 0 175 480 2.49% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Profitable 15-25M 26-50
CSO No 190 0 30 220 250 1.33% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CSO No 180 0 30 210 2000 0.85% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
CSO No 200 0 70 270 4050 1.77% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
CSO No 230 0 58 288 917 1.63% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
CSO No 152 0 0 152 405 0.68% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CSO No 164 0 40 204 1946 1.06% 2002 Enterprise Software Northeast
and Services Series D 2-10M Shipping 25-50M 51-100

Page 23 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Technical Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CSO No 250 0 0 250 230 2.01% 2003 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 26-50
CTO No 130 0 0 130 567 2.06% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 0-2MCal Product Development
15-25M 26-50
CTO No 80 0 0 80 422 1.41% 1996 Consumer Services Israel Series B 0-2M Product in Beta5-15M 26-50
CTO No 225 0 25 250 1329 3.00% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series C 0-2M Shipping 15-25M 26-50
CTO No 125 0 0 125 76 0.38% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
CTO No 60 0 0 60 50 1.00% 2007 Other - Specify in comments
Europe Series A 0-2M Shipping 5-15M 26-50
CTO No 262 0 40 302 5698 3.63% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Profitable 50 - 75M 100-200
CTO No 175 0 25 200 105 0.33% 2002 Communications Software
Centraland Services
Series B 0-2M Shipping 15-25M 10-25
CTO No 150 0 38 188 2251 1.18% 2001 Consumer Services Southeast Series B 2-10M Shipping 15-25M 10-25
CTO No 225 0 15 240 2280 1.67% 1999 Communications Equipment
Southeast Series C 10-20M Shipping 75-100M 51-100
CTO No 150 0 0 150 200 0.34% 2005 Consumer Services SF Bay Area/Silicon Series
Valley/No.
B 0-2MCal Product in Beta15-25M 51-100
CTO No 140 0 42 182 118 1.26% 1995 Internet/eCommerceNortheast
Software and Services
Series B 0-2M Shipping 2-5M 10-25
CTO No 130 0 0 130 1100 1.38% 2005 Internet/eCommerceNorthwest
Software and Services
Series C 2-10M Shipping 25-50M 100-200
CTO No 235 0 59 294 1193 1.19% 1998 Internet/eCommerceNortheast
Software and Services
Series E 10-20M Shipping 15-25M 51-100
CTO No 175 0 88 263 962 1.86% 1998 Enterprise Software Southwest
and Services Series E 0-2M Shipping 25-50M 26-50
CTO No 150 0 30 180 34 0.40% 1999 Internet/eCommerceNortheast
Software and Services
Series F or20-
above
40M Shipping 2-5M 100-200
CTO No 175 0 18 193 1921 2.19% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product in Beta50 - 75M 26-50
CTO No 150 0 60 210 265 0.88% 2004 Other - Specify in comments
Northeast Series C >40M Shipping 25-50M >200
CTO No 175 0 50 225 332 0.77% 2006 Enterprise Software Northeast
and Services Series A 0-2M Shipping 15-25M 10-25
CTO No 190 0 0 190 2075 1.37% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
CTO No 185 0 56 241 300 0.31% 2005 Internet/eCommerceCentral
Software and Services
Series C >40M Profitable Over 100M >200
CTO No 285 0 86 371 350 0.33% 1998 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A >40M Cal Profitable 50 - 75M >200
CTO No 175 0 15 190 495 0.67% 2001 Enterprise Software Northeast
and Services Series E >40M Shipping 50 - 75M >200
CTO No 225 0 78 303 320 0.58% 2000 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
CTO No 200 0 80 280 200 0.25% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
CTO No 192 0 58 250 350 0.22% 1996 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Profitable 75-100M >200
CTO No 194 0 65 259 1639 1.21% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
CTO No 300 0 120 420 125 0.56% 1993 Enterprise Software Southern
and Services
Cal Series B >40M Profitable 50 - 75M >200
CTO No 170 0 0 170 245 1.32% 2001 Internet/eCommerceSouthern
SoftwareCal
and Services
Series A 10-20M Shipping 5-15M 26-50
CTO No 180 0 0 180 478 1.00% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Profitable 25-50M 51-100
CTO No 180 0 0 180 233 0.41% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
CTO No 150 0 0 150 750 1.86% 2005 Computer Systems and Northeast
Peripherals Series B Pre Shipping 25-50M 51-100
CTO No 185 0 5 190 350 1.10% 2003 Semiconductor Other - Specify in
Series
comments
C 0-2M Shipping 25-50M 26-50
CTO No 190 0 0 190 250 1.12% 1998 Internet/eCommerceMountain
Software and Services
Series B >40M Profitable 25-50M 100-200
CTO No 179 0 53 232 465 0.66% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100
CTO No 200 0 75 275 1525 1.11% 1997 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 10-20MCal Shipping 75-100M 100-200
CTO No 160 0 0 160 851 1.58% 2002 Consumer Services Northwest Series B 2-10M Shipping 15-25M 51-100
CTO No 250 0 88 338 4208 1.27% 1999 Communications Software
Europeand Services
Series C 2-10M Shipping 25-50M 51-100
CTO No 160 0 25 185 250 0.19% 2002 Enterprise Software Southwest
and Services Series B 2-10M Shipping 15-25M 26-50
CTO No 160 0 40 200 1881 1.73% 2000 Communications Equipment
Northeast Series D 10-20M Shipping 50 - 75M 51-100
CTO No 190 0 0 190 330 0.62% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
CTO No 190 0 0 190 258 1.22% 2002 Communications Software
Centraland Services
Series C 0-2M Product Development
25-50M 26-50
CTO No 160 0 26 186 250 0.23% 2001 Enterprise Software Southwest
and Services Series D 10-20M Shipping 25-50M 51-100
CTO No 193 0 48 241 431 1.01% 1999 Internet/eCommerceSoutheast
Software and Services
Series A 10-20M Product Development
25-50M 26-50
CTO No 190 0 57 247 5422 2.32% 1998 Semiconductor Northeast Series C 2-10M Product in Beta75-100M 51-100
CTO No 180 0 36 216 350 1.40% 2003 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
CTO No 205 0 41 246 920 0.50% 2000 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
E 10-20MCal Shipping Over 100M 100-200
CTO No 190 0 57 247 60 0.40% 1994 Other - Specify in comments
Northwest Series D >40M Profitable 50 - 75M >200
CTO No 114 0 42 156 310 0.91% 1996 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 100-200
CTO No 190 0 38 228 837 2.30% 2000 Communications Equipment
Southern Cal Series C 20- 40M Profitable 25-50M 100-200
CTO No 200 0 50 250 355 0.80% 1993 Enterprise Software Northeast
and Services Series A 2-10M Restart 25-50M 51-100
CTO No 145 0 42 187 625 0.77% 2001 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 26-50
CTO No 170 0 25 195 613 2.00% 1999 Financial Services Southeast Series B 2-10M Shipping 15-25M 51-100

Page 24 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Chief Technical Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
CTO No 185 0 185 370 420 1.49% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
CTO No 230 69 0 299 126 5.98% 2003 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
15-25M 10-25
CTO No 180 0 0 180 150 0.80% 2005 Internet/eCommerceNortheast
Software and Services
Series A 2-10M Shipping 5-15M 26-50
CTO No 185 0 37 222 1170 1.26% 2003 Other - Specify in comments
Central Series B 2-10M Shipping 5-15M 100-200
CTO No 180 0 36 216 100 0.33% 2003 Communications Software
SF BayandArea/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M >200
CTO No 235 0 100 335 1100 0.95% 2005 Internet/eCommerceOtherSoftware
- Specify
and Services
in
Series
comments
A 2-10M Shipping 5-15M 51-100
CTO No 190 0 35 225 125 0.72% 1998 Enterprise Software Northwest
and Services Series C 20- 40M Profitable 25-50M 51-100
CTO No 110 0 22 132 212 1.46% 2005 Communications Software
Europeand Services Series A 0-2M Shipping 5-15M 10-25
CTO No 175 0 0 175 800 2.23% 2006 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product in Beta5-15M 10-25
CTO No 121 0 30 151 495 1.00% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
CTO No 200 0 37 237 885 1.03% 1999 Enterprise Software Northeast
and Services Series A 20- 40M Profitable 25-50M 100-200
CTO No 225 0 75 300 639 15.59% 1996 Internet/eCommerceNortheast
Software and Services
Series C 2-10M Profitable 25-50M 51-100
CTO No 125 0 0 125 120 1.20% 2007 Other - Specify in comments
Southern Cal Series A 0-2M Early/Product Definition
2-5M 1-9
CTO No 170 0 34 204 286 0.79% 2003 Enterprise Software Northeast
and Services Series D 0-2M Shipping 25-50M 51-100
CTO No 200 0 100 300 3490 3.69% 2002 Communications Equipment
SF Bay Area/SiliconSeries
Valley/No.
C 0-2MCal Shipping 50 - 75M 51-100
CTO No 225 0 0 225 559 0.98% 2002 Communications Equipment
SF Bay Area/SiliconSeries
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
CTO No 205 0 62 267 250 1.04% 2000 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Shipping 5-15M 26-50
CTO No 180 0 0 180 900 1.69% 2003 Communications Equipment
Southern Cal Series B 0-2M Shipping 15-25M 26-50
CTO No 102 0 0 102 50 0.24% 2006 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
CTO No 150 0 0 150 970 0.32% 2000 Communications Equipment
Southeast Series C 10-20M Shipping 25-50M 51-100
CTO No 175 0 0 175 250 1.22% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
CTO No 175 0 0 175 3500 5.83% 2006 Semiconductor SF Bay Area/SiliconSeries
Valley/No.
A Pre Cal Product in Beta5-15M 10-25
CTO No 150 0 30 180 35 0.51% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 1-9
CTO No 140 0 85 225 759 1.05% 1993 Enterprise Software Northeast
and Services Series A >40M Profitable 15-25M >200
CTO No 220 0 55 275 479 1.50% 1999 Consumer Services Northeast Series B 2-10M Profitable 5-15M 51-100
CTO No 150 0 37 187 475 1.06% 2005 Communicatoins Software
SF BayandArea/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 5-15M 51-100
CTO No 140 0 20 160 100 1.04% 2002 Internet/eCommerceSouthwest
Software and Services
Series D 2-10M Shipping 15-25M 51-100
CTO No 130 0 0 130 722 1.11% 2003 Communications Software
Israel and ServicesSeries B 0-2M Shipping 15-25M 51-100
CTO No 167 0 0 167 64 0.68% 2006 Consumer Services Northeast Series A Pre Shipping 5-15M 26-50
CTO No 170 0 25 195 1640 0.78% 1999 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 25-50M 100-200
CTO No 143 0 5 148 250 0.17% 1999 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
E 2-10M Cal Shipping 25-50M 26-50
CTO No 150 0 40 190 5200 2.21% 2004 Enterprise Software Northeast
and Services Series D 2-10M Shipping 5-15M 51-100
CTO No 175 0 25 200 741 0.81% 2000 Enterprise Software Mountain
and Services Series B 0-2M Shipping 25-50M 26-50
CTO No 175 0 25 200 185 0.73% 2003 Communications Software
SF BayandArea/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
CTO No 164 0 15 179 6666 1.00% 2000 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
F or10-20M
above
Cal Shipping Over 100M 100-200
CTO No 180 0 22 202 786 1.14% 1998 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 50 - 75M 51-100
CTO No 200 0 0 200 400 1.48% 2002 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
CTO No 160 0 0 160 250 1.48% 2005 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
CTO No 200 0 100 300 175 1.46% 1999 Communications Software
SF BayandArea/Silicon
Services
Series
Valley/No.
E 0-2MCal Shipping 25-50M 10-25
CTO No 188 0 12 200 850 2.10% 2004 Semiconductor SF Bay Area/SiliconSeries
Valley/No.
B Pre Cal Product Development
25-50M 51-100
CTO No 160 0 0 160 698 1.10% 1998 Other - Specify in comments
SF Bay Area/SiliconSeries
Valley/No.
C 0-2MCal Product in Beta75-100M 10-25
CTO No 250 0 75 325 409 1.83% 2005 Communications Software
Northeast
and Services
Series B Pre Product Development
5-15M 10-25
CTO No 113 0 0 113 478 0.50% 2000 Enterprise Software Northeast
and Services Series D 2-10M Shipping 15-25M 26-50
CTO No 275 0 0 275 369 1.00% 2004 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
5-15M 26-50
CTO No 200 0 50 250 1332 0.58% 2002 Semiconductor SF Bay Area/SiliconSeries
Valley/No.
C >40M Cal Shipping Over 100M >200

Page 25 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Engineering Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Engineering Yes 175 0 20 195 500 1.43% 2004 Semiconductor China Series A 2-10M Shipping 5-15M 51-100
VP Engineering Yes 136 0 58 194 670 1.25% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 100-200
VP Engineering Yes 200 0 60 260 440 0.66% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
VP Engineering Yes 175 0 0 175 2000 17.63% 2007 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta 5-15M 10-25
VP Engineering Yes 196 0 49 245 300 3.79% 2004 Communications Software
Europeand Services
Series B Pre Product Development
25-50M 51-100
VP Engineering Yes 150 0 0 150 2500 5.00% 2005 Enterprise Software Southeast
and Services Series B 0-2M Shipping 5-15M 26-50
VP Engineering Yes 160 0 0 160 177 3.69% 2005 Semiconductor Northeast Series B Pre Product in Beta 15-25M 26-50
VP Engineering Yes 254 0 89 343 2721 2.59% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D >40M Cal Shipping 75-100M >200
VP Engineering Yes 220 0 44 264 1636 3.63% 2005 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
VP Engineering Yes 140 0 0 140 2000 7.14% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 10-20MCal Product in Beta 15-25M 26-50
VP Engineering Yes 210 0 20 230 1600 3.21% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
VP Engineering Yes 175 0 0 175 2938 3.54% 2001 Other - Specify in comments
Northeast Series C 0-2M Product in Beta 5-15M 26-50
VP Engineering Yes 190 0 0 190 1424 5.70% 2004 Computer Systems and
Southwest
Peripherals Series B 0-2M Shipping 15-25M 26-50
VP Engineering Yes 165 0 0 165 2500 8.33% 2006 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
VP Engineering Yes 180 0 0 180 210 1.76% 2002 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Shipping 25-50M 26-50
VP Engineering Yes 135 0 0 135 1350 5.79% 2006 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping 5-15M 26-50
VP Engineering Yes 120 0 23 143 2105 2.72% 2000 Enterprise Software Canada
and Services Series C 20- 40M Shipping 25-50M >200
VP Engineering Yes 120 0 0 120 8000 10.00% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
VP Engineering Yes 210 0 63 273 686 7.50% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 10-20MCal Shipping 2-5M 26-50
VP Engineering Yes 150 0 0 150 780 3.49% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 51-100
VP Engineering Yes 173 0 0 173 272 1.05% 2006 Internet/eCommerceNortheast
Software and Services
Series B Pre Product Development
5-15M 10-25
VP Engineering Yes 209 0 40 249 5698 3.63% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Profitable 50 - 75M 100-200
VP Engineering Yes 170 0 0 170 100 0.17% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
VP Engineering Yes 179 0 53 232 1152 1.65% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100
VP Engineering Yes 171 0 0 171 700 1.73% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 51-100
VP Engineering Yes 180 0 0 180 4600 10.66% 2006 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
VP Engineering Yes 175 0 0 175 6000 7.05% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 100-200
VP Engineering Yes 145 0 0 145 350 2.33% 2005 Enterprise Software Southwest
and Services Series B 0-2M Shipping 5-15M 26-50
VP Engineering Yes 150 0 0 150 100 2.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
2-5M 10-25
VP Engineering Yes 84 0 0 84 1050 9.06% 2005 Communications Software
Europeand Services
Series A 0-2M Shipping 5-15M 1-9
VP Engineering Yes 145 0 0 145 1000 6.85% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Engineering Yes 150 0 0 150 3475 18.11% 2005 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping 5-15M 26-50
VP Engineering Yes 175 0 18 193 1500 3.04% 2004 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
VP Engineering Yes 180 0 63 243 2000 2.01% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
VP Engineering Yes 160 0 30 190 425 1.38% 2004 Enterprise Software Northeast
and Services Series C 0-2M Shipping 2-5M 51-100
VP Engineering Hardware
Yes 185 0 0 185 1233 2.66% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 15-25M 10-25
VP Engineering Hardware
Yes 174 0 35 209 560 0.31% 2000 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
E 10-20MCal Shipping Over 100M 100-200
VP Engineering Software
Yes 193 0 0 193 3249 0.81% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
VP Engineering Software
Yes 114 0 0 114 250 1.39% 2006 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
VP Engineering Software
Yes 160 0 32 192 2000 20.16% 2006 Internet/eCommerceCentral
Software and Services
Series B 0-2M Shipping 5-15M 10-25
VP R&D Yes 175 0 30 205 1848 1.52% 2004 Semiconductor China Series B Pre Product in Beta Over 100M >200
VP R&D Yes 75 0 0 75 840 24.00% 2006 Internet/eCommerceSouthern
SoftwareCal
and Services
Series B 0-2M Product in Beta 5-15M 26-50
VP R&D Yes 200 0 80 280 3354 14.58% 1997 Other - Specify in comments
Southern Cal Series B >40M Profitable 5-15M >200
VP R&D Yes 135 0 0 135 400 1.15% 2001 Semiconductor Southeast Series A Pre Product Development
2-5M 10-25
VP R&D Yes 168 0 0 168 3000 6.85% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 26-50
VP R&D Yes 160 0 40 200 875 1.47% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP R&D Yes 175 0 88 263 1167 2.25% 1998 Enterprise Software Southwest
and Services Series E 0-2M Shipping 25-50M 26-50

Page 26 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Engineering Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP R&D Yes 123 0 0 123 3926 2.67% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 2-10M Cal Shipping 25-50M 26-50
VP R&D Yes 104 0 0 104 258 3.57% 2001 Communications Software
Israel and Services
Series B 0-2M Shipping 5-15M 26-50
VP R&D Yes 126 0 0 126 69 0.49% 2005 Enterprise Software Israel
and Services Series A Pre Product in Beta 5-15M 26-50
VP R&D Yes 180 0 64 244 1040 3.71% 2006 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta 5-15M 26-50
VP R&D Yes 130 0 0 130 2000 10.00% 2007 Semiconductor Israel Series A Pre Early/Product Definition
2-5M 10-25
VP R&D Yes 189 0 0 189 1512 1.62% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
VP R&D Yes 150 0 0 150 8750 11.26% 2006 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
5-15M 10-25
VP, RF & Analog Design
Yes 154 0 0 154 1150 2.84% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 51-100
Vice President, Hardware
No Engineering
200 0 25 225 500 0.13% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
VP Engineering No 160 0 30 190 440 2.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta 5-15M 10-25
VP Engineering No 210 0 0 210 320 1.19% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Product in Beta 15-25M 51-100
VP Engineering No 200 0 0 200 850 0.92% 2002 Semiconductor Southern Cal Series C Pre Product Development
75-100M 51-100
VP Engineering No 125 0 20 145 60 0.29% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 26-50
VP Engineering No 150 0 15 165 555 0.67% 2001 Enterprise Software Northeast
and Services Series D 2-10M Shipping 15-25M 51-100
VP Engineering No 100 0 8 108 250 0.83% 2003 Internet/eCommerceSouthwest
Software and Services
Series B 2-10M Shipping 5-15M 10-25
VP Engineering No 230 0 70 300 1499 1.49% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP Engineering No 270 0 90 360 3250 1.98% 2000 Computer Systems and
Northwest
Peripherals Series F or>40M
above Shipping Over 100M >200
VP Engineering No 130 0 0 130 100 0.77% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP Engineering No 113 0 19 132 100 0.35% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 26-50
VP Engineering No 110 10 15 135 50 0.16% 2004 Other - Specify in comments
Southeast Series C 0-2M Shipping 50 - 75M 26-50
VP Engineering No 140 0 25 165 735 1.47% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 2-5M 10-25
VP Engineering No 165 0 35 200 332 1.04% 2001 Enterprise Software Northeast
and Services Series C 2-10M Shipping 15-25M 26-50
VP Engineering No 150 0 16 166 200 4.23% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 2-5M 10-25
VP Engineering No 161 0 8 169 170 1.36% 2005 Communications Equipment
Europe Series A Pre Product Development
5-15M 51-100
VP Engineering No 140 0 0 140 600 1.20% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product in Beta 25-50M 26-50
VP Engineering No 110 0 22 132 60 0.26% 2002 Internet/eCommerceEurope
Software and Services
Series A 20- 40M Shipping 5-15M >200
VP Engineering No 208 0 42 250 414 1.75% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
VP Engineering No 195 0 0 195 250 1.21% 2005 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Early/Product Definition
5-15M 1-9
VP Engineering No 215 0 43 258 1200 5.45% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
VP Engineering No 180 0 0 180 161 0.96% 2006 Communications Software
Northeast
and Services
Series B 0-2M Shipping 15-25M 26-50
VP Engineering No 185 0 25 210 120 0.86% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
VP Engineering No 210 0 0 210 100 1.00% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
VP Engineering No 170 0 50 220 350 0.64% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
VP Engineering No 175 0 35 210 225 0.84% 2004 Internet/eCommerceNortheast
Software and Services
Series C 10-20M Shipping 75-100M 100-200
VP Engineering No 165 0 0 165 750 1.62% 2002 Computer Systems and
Northeast
Peripherals Series B Pre Product in Beta 25-50M 51-100
VP Engineering No 160 0 0 160 155 0.78% 2003 Enterprise Software Northeast
and Services Series B 2-10M Product in Beta 5-15M 26-50
VP Engineering No 208 0 0 208 539 0.84% 2000 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping 75-100M 51-100
VP Engineering No 180 0 0 180 250 0.50% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP Engineering No 140 0 0 140 100 0.65% 2005 Financial Services SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
VP Engineering No 230 0 45 275 507 1.96% 2004 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product in Beta 5-15M 26-50
VP Engineering No 155 0 46 201 202 0.95% 2006 Enterprise Software Northeast
and Services Series B 0-2M Shipping 15-25M 26-50
VP Engineering No 180 0 0 180 500 0.85% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 25-50M 51-100
VP Engineering No 170 0 0 170 434 0.75% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
VP Engineering No 185 0 37 222 204 0.93% 2001 Enterprise Software Europe
and Services Series C >40M Shipping 15-25M >200
VP Engineering No 175 0 18 193 254 0.90% 2001 Other - Specify in comments
Northeast Series B 2-10M Shipping 25-50M 51-100
VP Engineering No 241 0 0 241 1889 0.74% 1999 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E >40M Cal Shipping Over 100M >200
VP Engineering No 190 0 48 238 292 0.50% 2000 Communication Software
Northeast
and Services
Series B 20- 40M Profitable 25-50M 100-200

Page 27 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Engineering Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Engineering No 150 0 20 170 248 0.75% 2002 Internet/eCommerceNortheast
Software and Services
Series C Pre Restart 25-50M 10-25
VP Engineering No 240 0 0 240 7231 2.26% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Restart 25-50M 51-100
VP Engineering No 200 0 0 200 1658 0.73% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Profitable 25-50M 51-100
VP Engineering No 190 0 48 238 451 0.81% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
VP Engineering No 207 0 50 257 378 0.63% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
VP Engineering No 170 0 50 220 428 1.75% 2002 Enterprise Software Northeast
and Services Series B 10-20M Shipping 25-50M 51-100
VP Engineering No 200 0 0 200 500 0.37% 2000 Semiconductor Northwest Series E 20- 40M Shipping 75-100M 100-200
VP Engineering No 200 0 60 260 1200 1.25% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 26-50
VP Engineering No 190 0 0 190 730 1.07% 2002 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 15-25M 51-100
VP Engineering No 180 0 40 220 180 1.00% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
VP Engineering No 171 0 48 219 184 1.25% 1998 Enterprise Software Northeast
and Services Series A 0-2M Shipping 5-15M 10-25
VP Engineering No 180 0 72 252 542 1.29% 2002 Enterprise Software Northeast
and Services Series C 10-20M Shipping 15-25M 100-200
VP Engineering No 200 0 50 250 250 1.38% 1990 Enterprise Software Northeast
and Services Series A 20- 40M Profitable 5-15M 100-200
VP Engineering No 160 3 30 193 2165 1.85% 2001 Communications Software
Northeast
and Services
Series F or2-10M
above Shipping 25-50M 51-100
VP Engineering No 169 0 47 216 300 0.89% 2000 Semiconductor Northeast Series C 2-10M Shipping 50 - 75M 51-100
VP Engineering No 175 0 25 200 200 0.83% 2002 Semiconductor Northeast Series D 10-20M Shipping 50 - 75M 100-200
VP Engineering No 210 0 0 210 588 1.32% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP Engineering No 190 0 20 210 520 0.95% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
VP Engineering No 120 0 0 120 166 0.86% 2003 Internet/eCommerceMountain
Software and Services
Series A 0-2M Shipping 5-15M 10-25
VP Engineering No 180 0 0 180 321 1.65% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C Pre Cal Product in Beta 15-25M 26-50
VP Engineering No 175 0 0 175 139 1.29% 2001 Enterprise Software Northeast
and Services Series D 10-20M Shipping 25-50M 51-100
VP Engineering No 165 0 33 198 90 0.45% 1999 Internet/eCommerceSouthern
SoftwareCal
and Services
Series D >40M Profitable 25-50M >200
VP Engineering No 168 0 67 235 543 0.90% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
VP Engineering No 200 0 50 250 384 0.95% 2003 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
VP Engineering No 180 0 50 230 340 1.14% 2004 Semiconductor Europe Series A Pre Product in Beta 5-15M 10-25
VP Engineering No 200 60 0 260 458 2.00% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Engineering No 130 0 13 143 50 0.18% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
VP Engineering No 190 0 10 200 475 1.98% 2006 Semiconductor Northeast Series B Pre Product in Beta 5-15M 26-50
VP Engineering No 195 0 0 195 410 0.50% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
5-15M 10-25
VP Engineering No 180 0 40 220 235 0.94% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Engineering No 160 0 32 192 660 1.94% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP Engineering No 185 0 10 195 200 0.97% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 51-100
VP Engineering No 114 0 0 114 315 0.91% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP Engineering No 185 0 37 222 2710 0.47% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping Over 100M 100-200
VP Engineering No 150 0 20 170 250 1.00% 2004 Computer Systems and
Northeast
Peripherals Series B 2-10M Shipping 15-25M 26-50
VP Engineering No 120 0 40 160 300 0.56% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP Engineering No 200 0 16 216 435 0.67% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 20- 40M
Cal Shipping 50 - 75M 100-200
VP Engineering No 175 0 0 175 200 0.74% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Engineering No 165 0 10 175 400 2.53% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP Engineering No 200 0 0 200 286 1.33% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product Development
5-15M 10-25
VP Engineering No 150 0 0 150 400 1.33% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 10-25
VP Engineering No 200 10 0 210 365 1.26% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 10-25
VP Engineering No 155 0 0 155 150 0.88% 2004 Communications Equipment
Central Series B 0-2M Product in Beta 15-25M 10-25
VP Engineering No 200 0 40 240 625 2.23% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
VP Engineering No 185 0 13 198 436 1.30% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
VP Engineering No 190 0 0 190 1088 1.60% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
VP Engineering No 219 0 0 219 674 2.00% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
75-100M 10-25

Page 28 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Engineering Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Engineering No 150 0 0 150 122 0.75% 2006 Internet/eCommerceNortheast
Software and Services
Series A Pre Product in Beta 2-5M 10-25
VP Engineering No 190 0 0 190 533 1.28% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
VP Engineering No 175 0 0 175 1000 1.48% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP Engineering No 170 0 20 190 330 1.64% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
VP Engineering No 215 0 0 215 960 0.75% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping Over 100M >200
VP Engineering No 200 0 0 200 374 1.85% 2006 Enterprise Software Southern
and Services
Cal Series A 0-2M Shipping 5-15M 26-50
VP Engineering No 170 0 34 204 660 0.96% 2003 Enterprise Software Northeast
and Services Series D 2-10M Shipping 25-50M 51-100
VP Engineering No 170 0 0 170 275 1.22% 2000 Communications Equipment
Northeast Series B 0-2M Product in Beta 50 - 75M 51-100
VP Engineering No 248 0 25 273 710 1.25% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 51-100
VP Engineering No 150 0 30 180 130 0.85% 2001 Other - Specify in comments
Northeast Series B 0-2M Product in Beta 15-25M 26-50
VP Engineering No 230 0 0 230 708 0.96% 2004 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
VP Engineering No 180 0 0 180 510 1.02% 1999 Enterprise Software Southwest
and Services Series B 2-10M Shipping 25-50M 26-50
VP Engineering No 160 0 50 210 750 0.75% 2000 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
VP Engineering No 165 0 30 195 960 3.17% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series A 0-2M Shipping 5-15M 10-25
VP Engineering No 150 0 0 150 200 0.83% 2003 Communications Software
Northeast
and Services
Series C 0-2M Shipping 15-25M 10-25
VP Engineering No 200 0 35 235 360 1.91% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
VP Engineering No 200 0 35 235 2400 1.02% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP Engineering No 200 0 50 250 1355 0.59% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
VP Engineering No 230 0 58 288 1505 2.68% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
VP Engineering No 145 0 20 165 60 0.19% 2002 Communications Software
Centraland Services
Series B 0-2M Shipping 15-25M 10-25
VP Engineering No 230 0 0 230 1000 1.70% 2005 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product in Beta 15-25M 51-100
VP Engineering No 115 0 20 135 12 0.14% 1999 Internet/eCommerceNortheast
Software and Services
Series F or20-
above
40M Shipping 2-5M 100-200
VP Engineering No 175 0 25 200 330 0.77% 2006 Enterprise Software Northeast
and Services Series A 0-2M Shipping 15-25M 10-25
VP Engineering No 202 0 61 263 422 0.26% 1996 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Profitable 75-100M >200
VP Engineering No 195 0 0 195 478 1.00% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Profitable 25-50M 51-100
VP Engineering No 195 0 10 205 325 1.02% 2003 Semiconductor Other - Specify in
Series
comments
C 0-2M Shipping 25-50M 26-50
VP Engineering No 170 0 0 170 550 1.02% 2002 Consumer Services Northwest Series B 2-10M Shipping 15-25M 51-100
VP Engineering No 150 0 30 180 317 0.10% 1999 Communications Software
Europeand Services
Series C 2-10M Shipping 25-50M 51-100
VP Engineering No 185 0 50 235 719 1.35% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
VP Engineering No 200 0 0 200 220 1.04% 2002 Communications Software
Centraland Services
Series C 0-2M Product Development
25-50M 26-50
VP Engineering No 150 0 30 180 200 0.19% 2001 Enterprise Software Southwest
and Services Series D 10-20M Shipping 25-50M 51-100
VP Engineering No 190 0 57 247 2800 1.20% 1998 Semiconductor Northeast Series C 2-10M Product in Beta 75-100M 51-100
VP Engineering No 185 0 37 222 350 1.40% 2003 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP Engineering No 200 0 50 250 355 0.80% 1993 Enterprise Software Northeast
and Services Series A 2-10M Restart 25-50M 51-100
VP Engineering No 207 0 62 269 1291 1.59% 2001 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 26-50
VP Engineering No 170 0 45 215 75 0.43% 1998 Enterprise Software Northwest
and Services Series C 20- 40M Profitable 25-50M 51-100
VP Engineering No 165 0 25 190 242 5.90% 1996 Internet/eCommerceNortheast
Software and Services
Series C 2-10M Profitable 25-50M 51-100
VP Engineering No 200 0 0 200 530 0.56% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 50 - 75M 51-100
VP Engineering No 200 25 0 225 1000 1.75% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
VP Engineering No 114 0 0 114 142 0.68% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
VP Engineering No 150 0 0 150 325 0.11% 2000 Communications Equipment
Southeast Series C 10-20M Shipping 25-50M 51-100
VP Engineering No 140 0 0 140 80 0.39% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
VP Engineering No 132 0 26 158 25 0.37% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 1-9
VP Engineering No 170 0 20 190 114 1.18% 2002 Internet/eCommerceSouthwest
Software and Services
Series D 2-10M Shipping 15-25M 51-100
VP Engineering No 185 0 25 210 1000 0.47% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 25-50M 100-200
VP Engineering No 175 0 0 175 741 0.81% 2000 Enterprise Software Mountain
and Services Series B 0-2M Shipping 25-50M 26-50
VP Engineering No 185 0 35 220 300 1.19% 2003 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100

Page 29 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Engineering Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Engineering No 165 0 20 185 6666 1.00% 2000 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
F or10-20M
above
Cal Shipping Over 100M 100-200
VP Engineering No 160 0 30 190 743 1.07% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 50 - 75M 51-100
VP Engineering No 190 0 28 218 334 1.24% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
VP Engineering No 180 0 0 180 100 0.59% 2005 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Engineering No 175 0 0 175 237 0.64% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
5-15M 26-50
VP Engineering No 180 0 50 230 230 0.81% 2001 Enterprise Software Northeast
and Services Series E 0-2M Shipping 75-100M 51-100
VP Engineering No 130 30 0 160 700 2.14% 2007 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
2-5M 10-25
VP Engineering No 135 0 0 135 70 2.46% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta 2-5M 10-25
VP Engineering No 160 0 0 160 700 1.80% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
VP Engineering No 175 0 0 175 500 1.39% 2001 Communications Software
Southeast
and Services
Series B Pre Shipping 15-25M 26-50
VP Engineering No 152 0 0 152 10 0.27% 1999 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Engineering No 185 0 37 222 1959 1.06% 2000 Enterprise Software Northeast
and Services Series D 10-20M Shipping 25-50M 51-100
VP Engineering No 235 0 0 235 650 0.90% 2001 Other - Specify in comments
Southern Cal Series C 10-20M Product in Beta 50 - 75M 51-100
VP Engineering No 160 0 50 210 250 0.64% 1999 Other - Specify in comments
Northeast Series E >40M Profitable 25-50M >200
VP Engineering No 225 0 0 225 400 0.31% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 26-50
VP Engineering No 180 0 40 220 520 2.01% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 20- 40M
Cal Profitable 2-5M 100-200
VP Engineering No 175 0 75 250 829 2.58% 1996 Financial Services SF Bay Area/SiliconSeries
Valley/No.
F or>40M
above
Cal Shipping Over 100M >200
VP Engineering No 229 0 34 263 1020 2.69% 1997 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
VP Engineering No 185 0 0 185 177 2.10% 2003 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta 5-15M 26-50
VP Engineering No 197 25 0 222 250 0.33% 1996 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP Engineering No 130 0 10 140 10759 3.00% 2001 Enterprise Software Northwest
and Services Series D 0-2M Shipping 15-25M 10-25
VP Engineering No 175 0 50 225 160 0.72% 2003 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Engineering No 235 0 30 265 4215 1.53% 1998 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 75-100M >200
VP Engineering No 170 0 0 170 190 1.05% 2001 Other - Specify in comments
Southwest Series D 0-2M Shipping 25-50M 26-50
VP Engineering No 194 0 20 214 644 1.52% 1994 Enterprise Software Northwest
and Services Series B 20- 40M Shipping 15-25M 100-200
VP Engineering No 170 0 0 170 1000 0.70% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP Engineering No 215 105 0 320 85 2.16% 1996 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 10-25
VP Engineering No 240 0 60 300 952 1.00% 1998 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping Over 100M >200
VP Engineering No 200 0 0 200 967 2.52% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E >40M Cal Profitable 50 - 75M 100-200
VP Engineering No 200 0 50 250 680 1.31% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
VP Engineering No 225 0 56 281 706 1.23% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
E 0-2MCal Shipping 50 - 75M 26-50
VP Engineering No 200 0 35 235 530 0.89% 1995 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
VP Engineering No 210 0 0 210 183 1.00% 1995 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 75-100M 10-25
VP Engineering No 190 0 30 220 522 0.53% 2001 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 51-100
VP Engineering No 197 0 0 197 1846 1.10% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping 50 - 75M 51-100
VP Engineering No 215 0 86 301 1300 2.06% 1993 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
VP Engineering No 160 0 0 160 308 0.96% 2001 Communications Software
Northeast
and Services
Series B 2-10M Shipping 25-50M 51-100
VP Engineering No 200 0 50 250 1230 1.04% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 50 - 75M 100-200
VP Engineering No 180 0 60 240 400 1.08% 1997 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or20-
above
40M
Cal Shipping 50 - 75M 100-200
VP Engineering No 200 0 43 243 159 0.37% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping Over 100M 100-200
VP Engineering No 175 0 25 200 170 1.00% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
VP Engineering No 175 0 40 215 143 0.58% 1998 Enterprise Software Northeast
and Services Series C 10-20M Shipping 25-50M 100-200
VP Engineering No 247 0 62 309 364 1.93% 1991 Other - Specify in comments
Southern Cal Series F or10-20M
above Shipping 25-50M 100-200
VP Engineering No 150 0 10 160 205 1.00% 2002 Communications Equipment
Southwest Series B 2-10M Shipping 15-25M 26-50
VP Engineering No 225 0 68 293 50 0.25% 1996 Internet/eCommerceNortheast
Software and Services
Series A >40M Profitable 50 - 75M >200
VP Engineering No 200 0 28 228 500 1.03% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP Engineering No 175 0 70 245 450 0.64% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
VP Engineering No 200 0 50 250 750 0.71% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
VP Engineering No 170 0 34 204 200 0.96% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 26-50
VP Engineering No 191 0 0 191 1267 2.50% 2002 Semiconductor Southwest Series C Pre Product Development
25-50M 26-50
VP Engineering No 200 0 0 200 290 0.57% 2001 Semiconductor Southern Cal Series C 2-10M Product Development
25-50M 51-100
VP Engineering No 170 0 20 190 709 0.93% 2003 Consumer Services Northwest Series C 2-10M Shipping 15-25M 26-50
VP Engineering No 210 0 40 250 1000 0.91% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 75-100M >200

Page 30 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Engineering Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Engineering No 165 0 0 165 284 1.05% 2002 Communications Equipment
Northeast Series D 10-20M Shipping 25-50M 51-100
VP Engineering No 180 0 45 225 864 2.00% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 26-50
VP Engineering No 165 0 15 180 152 0.76% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
VP Engineering No 130 0 0 130 1150 3.28% 2004 Internet/eCommerceNorthwest
Software and Services
Series B Pre Product in Beta 5-15M 10-25
VP Engineering No 170 0 0 170 767 0.91% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D Pre Cal Product in Beta Over 100M 100-200
VP Engineering No 165 0 44 209 300 1.24% 1999 Internet/eCommerceSouthern
SoftwareCal
and Services
Series B Pre Early/Product Definition
5-15M 26-50
VP Engineering No 150 0 29 179 373 0.14% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
VP Engineering No 180 0 0 180 516 2.30% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product in Beta 5-15M 10-25
VP Engineering No 165 0 0 165 330 1.50% 2006 Consumer Services SF Bay Area/Silicon Series
Valley/No.
A 0-2MCal Product in Beta 5-15M 10-25
VP Engineering No 185 0 0 185 132 1.51% 2004 Internet/eCommerceNortheast
Software and Services
Series B 2-10M Shipping 5-15M 10-25
VP Engineering No 150 0 0 150 110 0.95% 2002 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Early/Product Definition
2-5M 10-25
VP Engineering No 185 0 25 210 200 1.18% 2005 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 10-25
VP Engineering No 165 0 20 185 200 1.00% 2003 Internet/eCommerceSouthwest
Software and Services
Series B 2-10M Shipping 15-25M 26-50
VP Engineering No 182 0 0 182 268 0.65% 1999 Enterprise Software Southwest
and Services Series D 2-10M Shipping 25-50M 26-50
VP Engineering No 130 0 50 180 350 0.77% 2002 Enterprise Software Mountain
and Services Series C 2-10M Shipping 15-25M 26-50
VP Engineering No 185 25 0 210 499 3.12% 2002 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product in Beta 5-15M 10-25
VP Engineering No 185 0 46 231 463 1.52% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
VP Engineering No 210 0 0 210 300 0.83% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
VP Engineering No 160 0 40 200 1615 1.11% 1998 Enterprise Software Southern
and Services
Cal Series E 2-10M Shipping 25-50M 51-100
VP Engineering No 200 0 0 200 2857 1.73% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
50 - 75M >200
VP Engineering No 200 0 0 200 480 1.49% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 10-25
VP Engineering No 250 0 0 250 254 1.50% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
15-25M 10-25
VP Engineering No 200 0 15 215 1200 1.08% 1997 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
E 20- 40M
Cal Profitable 50 - 75M 100-200
VP Engineering No 232 0 0 232 1840 3.81% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 51-100
VP Engineering No 160 0 0 160 80 0.21% 1996 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 2-10M Cal Profitable 25-50M 10-25
VP Engineering No 160 0 0 160 620 0.89% 2001 Communications Software
Southwest
and Services
Series B 2-10M Shipping 25-50M 26-50
VP Engineering No 187 0 0 187 600 0.92% 2003 Communications Software
Northeast
and Services
Series B 2-10M Shipping 15-25M 51-100
VP Engineering No 210 70 0 280 285 0.64% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B >40M Cal Profitable 25-50M >200
VP Engineering No 150 0 0 150 350 0.50% 2001 Communications Software
Southwest
and Services
Series B 2-10M Shipping 25-50M 26-50
VP Engineering Hardware
No 170 0 0 170 380 1.19% 2004 Semiconductor Southern Cal Series B 10-20M Profitable 25-50M 51-100
VP Engineering Hardware
No 220 0 44 264 550 1.34% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
75-100M 51-100
VP Engineering Hardware
No 203 0 0 203 1281 0.94% 1999 Communications Equipment
Southeast Series C 10-20M Shipping 75-100M 51-100
VP Engineering Hardware
No 170 0 0 170 495 0.33% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
VP Engineering Hardware
No 200 0 0 200 333 0.92% 2003 Semiconductor Northwest Series B Pre Early/Product Definition
15-25M 26-50
VP Engineering Hardware
No 170 0 0 170 125 1.14% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product Development
5-15M 1-9
VP Engineering Software
No 175 0 0 175 345 0.74% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 15-25M 10-25
VP Engineering Software
No 143 0 10 153 96 0.44% 2001 Enterprise Software Mountain
and Services Series B 2-10M Shipping 15-25M 51-100
VP Engineering Software
No 183 0 40 223 1334 0.99% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
VP Engineering Software
No 76 0 6 82 260 0.85% 2003 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M >200
VP Engineering Software
No 170 0 0 170 500 0.32% 2005 Consumer Services SF Bay Area/Silicon Series
Valley/No.
D >40M Cal Profitable 25-50M 100-200
VP Engineering Software
No 170 0 26 196 402 0.75% 2001 Internet/eCommerceSouthern
SoftwareCal
and Services
Series C 10-20M Shipping 15-25M 51-100
VP Engineering Software
No 200 0 50 250 1800 0.95% 1998 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
E 20- 40M
Cal Profitable 50 - 75M 100-200
VP Hardware No 250 0 0 250 376 1.59% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
VP Hardware Engineering
No 205 0 33 238 465 1.23% 1997 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
VP R&D No 130 0 0 130 588 2.00% 2006 Communications Equipment
Israel Series A Pre Early/Product Definition
5-15M 10-25
VP R&D No 96 0 0 96 288 0.88% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP R&D No 115 0 0 115 360 1.50% 2006 Enterprise Software Northeast
and Services Series A Pre Shipping 2-5M 10-25
VP R&D No 200 0 60 260 359 0.89% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
VP R&D No 180 0 0 180 560 1.74% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 10-25
VP R&D No 123 0 0 123 696 1.31% 2005 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Product in Beta 5-15M 51-100
VP R&D No 323 0 82 405 480 0.76% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 51-100
VP R&D No 114 0 0 114 700 1.24% 1999 Communications Equipment
Israel Series C 0-2M Shipping 25-50M 10-25
VP R&D No 105 0 0 105 32 0.12% 2002 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 100-200

Page 31 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Engineering Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP R&D No 158 10 0 168 430 1.37% 2005 Communications Software
Northeast
and Services
Series B 0-2M Product Development
5-15M 26-50
VP R&D No 207 0 62 269 1946 1.06% 2002 Enterprise Software Northeast
and Services Series D 2-10M Shipping 25-50M 51-100
VP R&D No 165 0 17 182 500 0.57% 2005 Other - Specify in comments
SF Bay Area/SiliconSeries
Valley/No.
C Pre Cal Product in Beta 50 - 75M 26-50
VP R&D No 170 0 0 170 750 1.86% 2005 Computer Systems and Northeast
Peripherals Series B Pre Shipping 25-50M 51-100
VP R&D No 117 0 31 148 140 0.41% 1996 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 100-200
VP R&D No 190 0 47 237 225 0.80% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
VP R&D No 170 0 20 190 350 0.30% 2005 Internet/eCommerceOtherSoftware
- Specify
and Services
in
Series
comments
A 2-10M Shipping 5-15M 51-100
VP R&D No 126 0 31 157 457 0.93% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
VP R&D No 175 0 35 210 450 1.25% 2003 Enterprise Software Northeast
and Services Series D 0-2M Shipping 25-50M 51-100
VP R&D No 113 0 0 113 478 0.50% 2000 Enterprise Software Northeast
and Services Series D 2-10M Shipping 15-25M 26-50
VP R&D No 150 0 50 200 23 0.44% 2002 Communications Software
Canadaand Services Series A 2-10M Shipping 5-15M 51-100
VP R&D No 110 0 0 110 150 0.44% 2004 Communications Equipment
Israel Series B 2-10M Shipping 25-50M 100-200
VP R&D No 140 0 0 140 190 0.44% 2001 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
VP R&D No 125 0 0 125 110 0.43% 2004 Communications Software
Israel and ServicesSeries B Pre Product in Beta 5-15M 10-25
VP R&D No 180 0 45 225 840 0.69% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP R&D No 165 0 50 215 65 0.65% 1989 Enterprise Software Mountain
and Services Series A 20- 40M Profitable 50 - 75M 51-100
VP R&D No 145 0 29 174 1403 0.92% 1997 Other - Specify in comments
SF Bay Area/SiliconSeries
Valley/No.
D 0-2MCal Product Development
25-50M 10-25
VP R&D No 170 0 51 221 100 0.50% 1990 Communications Software
Southwest
and Services
Series A 20- 40M Profitable 25-50M 51-100
VP, RF Engineering No 200 0 40 240 1000 4.55% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
VP, Software Engineering
No 210 0 0 210 423 1.17% 2003 Semiconductor Northwest Series B Pre Early/Product Definition
15-25M 26-50

Page 32 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Sales Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Sales Yes 150 0 150 300 443 1.00% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series C 0-2M Shipping 15-25M 26-50
VP Sales Yes 190 0 40 230 790 1.07% 2001 Enterprise Software Northeast
and Services Series E >40M Shipping 50 - 75M >200
VP Sales Yes 150 0 0 150 3000 5.00% 2006 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta 5-15M 10-25
VP Sales Yes 210 0 63 273 686 7.50% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 10-20MCal Shipping 2-5M 26-50
VP Sales Yes 180 0 63 243 1075 3.79% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
VP Sales Yes 200 0 35 235 60 0.19% 2002 Communications Software
Centraland Services
Series B 0-2M Shipping 15-25M 10-25
VP Sales Yes 138 0 12 150 554 0.41% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
VP Sales Yes 178 0 89 267 400 3.42% 2006 Financial Services Southern Cal Series A Pre Product Development
5-15M 100-200
VP Sales Yes 175 0 0 175 4860 34.47% 2003 Other - Specify in comments
Northeast Series A 0-2M Product in Beta 2-5M 10-25
VP WW Sales Yes 200 0 0 200 1900 2.26% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D Pre Cal Product in Beta Over 100M 100-200
VP WW Sales Yes 150 0 0 150 100 0.87% 2005 Semiconductor Asia Series A 0-2M Product in Beta 5-15M 51-100
VP WW Sales Yes 200 0 150 350 57 0.63% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP WW Sales Yes 200 0 100 300 85 4.03% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
15-25M 10-25
VP International Sales No 190 0 0 190 560 0.82% 2002 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 15-25M 51-100
VP North America SalesNo 145 0 170 315 75 0.11% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100
VP Sales No 90 0 20 110 200 0.57% 2004 Semiconductor China Series A 2-10M Shipping 5-15M 51-100
VP Sales No 175 0 182 357 440 0.82% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 100-200
VP Sales No 145 0 0 145 210 1.85% 2007 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta 5-15M 10-25
VP Sales No 206 0 103 309 45 0.57% 2004 Communications Software
Europeand Services
Series B Pre Product Development
25-50M 51-100
VP Sales No 180 0 0 180 500 1.00% 2005 Enterprise Software Southeast
and Services Series B 0-2M Shipping 5-15M 26-50
VP Sales No 225 0 100 325 650 1.31% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
VP Sales No 165 0 33 198 664 0.80% 2001 Other - Specify in comments
Northeast Series C 0-2M Product in Beta 5-15M 26-50
VP Sales No 175 0 150 325 250 1.00% 2004 Computer Systems and
Southwest
Peripherals Series B 0-2M Shipping 15-25M 26-50
VP Sales No 150 0 100 250 167 0.72% 2006 Internet/eCommerceNortheast
Software and Services
Series A 0-2M Shipping 5-15M 26-50
VP Sales No 185 0 185 370 620 0.80% 2000 Enterprise Software Canada
and Services Series C 20- 40M Shipping 25-50M >200
VP Sales No 150 25 25 200 225 1.01% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 51-100
VP Sales No 200 0 0 200 190 1.30% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Sales No 200 0 150 350 500 1.01% 2004 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
VP Sales No 150 0 120 270 1000 1.01% 1999 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
VP Sales No 180 0 80 260 243 0.79% 2004 Enterprise Software Northeast
and Services Series C 0-2M Shipping 2-5M 51-100
VP Sales No 135 0 75 210 100 1.01% 2006 Internet/eCommerceCentral
Software and Services
Series B 0-2M Shipping 5-15M 10-25
VP Sales No 175 75 0 250 310 0.71% 2005 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 26-50
VP Sales No 150 0 150 300 200 0.34% 2002 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP Sales No 170 0 85 255 811 1.56% 1998 Enterprise Software Southwest
and Services Series E 0-2M Shipping 25-50M 26-50
VP Sales No 129 0 120 249 72 1.00% 2001 Communications Software
Israel and Services
Series B 0-2M Shipping 5-15M 26-50
VP Sales No 175 0 125 300 165 0.75% 2006 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta 5-15M 10-25
VP Sales No 120 0 0 120 300 1.50% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
VP Sales No 175 125 0 300 263 1.23% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Restart 25-50M 26-50
VP Sales No 150 0 0 150 500 1.08% 2004 Internet/eCommerceNortheast
Software and Services
Series B 2-10M Shipping 25-50M 100-200
VP Sales No 180 0 136 316 862 0.86% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP Sales No 150 0 150 300 332 1.04% 2001 Enterprise Software Northeast
and Services Series C 2-10M Shipping 15-25M 26-50
VP Sales No 150 0 60 210 300 0.60% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product in Beta 25-50M 26-50
VP Sales No 150 0 50 200 369 1.56% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
VP Sales No 225 0 125 350 172 1.03% 2006 Communications Software
Northeast
and Services
Series B 0-2M Shipping 15-25M 26-50
VP Sales No 175 50 50 275 130 0.93% 2006 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Shipping 15-25M 26-50
VP Sales No 216 0 125 341 125 1.25% 2003 Enterprise Software SF
andBayServices
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
VP Sales No 200 0 200 400 400 0.73% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
VP Sales No 140 0 65 205 75 0.28% 2004 Internet/eCommerceNortheast
Software and Services
Series C 10-20M Shipping 75-100M 100-200
VP Sales No 194 156 0 350 400 0.87% 2002 Computer Systems and Northeast
Peripherals Series B Pre Product in Beta 25-50M 51-100

Page 33 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Sales Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Sales No 215 0 0 215 420 0.66% 2000 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping 75-100M 51-100
VP Sales No 130 0 130 260 135 0.64% 2006 Enterprise Software Northeast
and Services Series B 0-2M Shipping 15-25M 26-50
VP Sales No 257 0 206 463 322 1.46% 2001 Enterprise Software Europe
and Services Series C >40M Shipping 15-25M >200
VP Sales No 175 0 175 350 450 0.81% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
VP Sales No 180 0 0 180 650 0.96% 2002 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 15-25M 51-100
VP Sales No 140 0 100 240 100 0.56% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
VP Sales No 140 0 100 240 100 0.56% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
VP Sales No 180 0 0 180 203 1.04% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C Pre Cal Product in Beta 15-25M 26-50
VP Sales No 200 0 80 280 500 0.83% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
VP Sales No 175 0 140 315 275 0.68% 2003 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
VP Sales No 140 0 20 160 418 1.74% 2006 Semiconductor Northeast Series B Pre Product in Beta 5-15M 26-50
VP Sales No 200 0 75 275 200 0.97% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 51-100
VP Sales No 175 0 175 350 311 0.89% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP Sales No 135 0 135 270 187 0.75% 2004 Computer Systems and
Northeast
Peripherals Series B 2-10M Shipping 15-25M 26-50
VP Sales No 180 0 180 360 300 0.56% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP Sales No 180 0 120 300 150 0.23% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 20- 40M
Cal Shipping 50 - 75M 100-200
VP Sales No 200 0 0 200 200 0.74% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Sales No 150 0 150 300 251 0.90% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 10-25
VP Sales No 175 0 75 250 412 1.23% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
VP Sales No 175 0 150 325 700 1.03% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
VP Sales No 150 0 100 250 340 1.69% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
VP Sales No 185 0 155 340 374 1.85% 2006 Enterprise Software Southern
and Services
Cal Series A 0-2M Shipping 5-15M 26-50
VP Sales No 210 0 25 235 435 0.76% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 51-100
VP Sales No 150 0 60 210 350 0.70% 1999 Enterprise Software Southwest
and Services Series B 2-10M Shipping 25-50M 26-50
VP Sales No 150 0 150 300 1250 1.25% 2000 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
VP Sales No 135 50 0 185 150 0.63% 2003 Communications Software
Northeast
and Services
Series C 0-2M Shipping 15-25M 10-25
VP Sales No 200 0 0 200 1300 0.55% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP Sales No 194 0 50 244 600 0.26% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
VP Sales No 200 26 0 226 354 1.29% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 0-2MCal Product Development
15-25M 26-50
VP Sales No 200 0 0 200 666 1.13% 2005 Consumer Services SF Bay Area/SiliconSeries
Valley/No.
B 0-2MCal Product in Beta 15-25M 51-100
VP Sales No 165 0 105 270 34 0.40% 1999 Internet/eCommerceNortheast
Software and Services
Series F or20-
above
40M Shipping 2-5M 100-200
VP Sales No 200 0 100 300 1000 2.33% 2006 Enterprise Software Northeast
and Services Series A 0-2M Shipping 15-25M 10-25
VP Sales No 190 0 0 190 211 1.00% 2002 Communications Software
Centraland Services
Series C 0-2M Product Development
25-50M 26-50
VP Sales No 171 0 200 371 320 0.30% 2001 Enterprise Software Southwest
and Services Series D 10-20M Shipping 25-50M 51-100
VP Sales No 185 0 56 241 3053 1.30% 1998 Semiconductor Northeast Series C 2-10M Product in Beta 75-100M 51-100
VP Sales No 185 0 115 300 300 1.20% 2003 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP Sales No 165 0 125 290 355 0.80% 1993 Enterprise Software Northeast
and Services Series A 2-10M Restart 25-50M 51-100
VP Sales No 150 0 45 195 746 0.92% 2001 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 26-50
VP Sales No 160 0 132 292 60 0.35% 1998 Enterprise Software Northwest
and Services Series C 20- 40M Profitable 25-50M 51-100
VP Sales No 130 0 60 190 85 2.07% 1996 Internet/eCommerceNortheast
Software and Services
Series C 2-10M Profitable 25-50M 51-100
VP Sales No 225 0 0 225 500 0.53% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 50 - 75M 51-100
VP Sales No 150 0 200 350 2010 0.95% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 25-50M 100-200
VP Sales No 165 0 25 190 741 0.81% 2000 Enterprise Software Mountain
and Services Series B 0-2M Shipping 25-50M 26-50
VP Sales No 165 0 55 220 476 0.69% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 50 - 75M 51-100
VP Sales No 150 0 120 270 105 3.69% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Product in Beta 2-5M 10-25
VP Sales No 175 0 0 175 538 1.50% 2001 Communications Software
Southeast
and Services
Series B Pre Shipping 15-25M 26-50
VP Sales No 225 0 100 325 25 0.68% 1999 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Sales No 180 0 210 390 1455 0.79% 2000 Enterprise Software Northeast
and Services Series D 10-20M Shipping 25-50M 51-100
VP Sales No 200 50 100 350 670 0.92% 2001 Other - Specify in comments
Southern Cal Series C 10-20M Product in Beta 50 - 75M 51-100

Page 34 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Sales Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Sales No 170 0 160 330 200 0.77% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 20- 40M
Cal Profitable 2-5M 100-200
VP Sales No 200 0 500 700 885 2.76% 1996 Financial Services SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping Over 100M >200
VP Sales No 175 0 150 325 10759 3.00% 2001 Enterprise Software Northwest
and Services Series D 0-2M Shipping 15-25M 10-25
VP Sales No 150 0 150 300 225 1.01% 2003 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Sales No 224 0 85 309 867 2.05% 1994 Enterprise Software Northwest
and Services Series B 20- 40M Shipping 15-25M 100-200
VP Sales No 200 0 60 260 39 0.99% 1996 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 10-25
VP Sales No 200 0 150 350 320 0.83% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E >40M Cal Profitable 50 - 75M 100-200
VP Sales No 225 0 125 350 700 1.17% 1995 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
VP Sales No 175 0 0 175 183 1.00% 1995 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 75-100M 10-25
VP Sales No 170 0 170 340 350 0.35% 2001 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 51-100
VP Sales No 198 0 31 229 1600 0.96% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping 50 - 75M 51-100
VP Sales No 180 0 0 180 300 0.48% 1993 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
VP Sales No 200 0 60 260 250 0.59% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping Over 100M 100-200
VP Sales No 160 0 150 310 169 0.68% 1998 Enterprise Software Northeast
and Services Series C 10-20M Shipping 25-50M 100-200
VP Sales No 150 0 200 350 165 0.80% 2002 Communications Equipment
Southwest Series B 2-10M Shipping 15-25M 26-50
VP Sales No 230 0 150 380 700 1.00% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
VP Sales No 175 0 175 350 600 0.57% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
VP Sales No 175 0 150 325 209 1.00% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 26-50
VP Sales No 180 0 100 280 376 0.74% 2001 Semiconductor Southern Cal Series C 2-10M Product Development
25-50M 51-100
VP Sales No 175 0 100 275 142 0.52% 2002 Communications Equipment
Northeast Series D 10-20M Shipping 25-50M 51-100
VP Sales No 225 0 45 270 648 1.50% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 26-50
VP Sales No 160 0 90 250 192 0.96% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
VP Sales No 225 0 125 350 2049 0.75% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
VP Sales No 180 0 120 300 220 1.00% 2006 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
A 0-2MCal Product in Beta 5-15M 10-25
VP Sales No 140 0 139 279 395 0.87% 2002 Enterprise Software Mountain
and Services Series C 2-10M Shipping 15-25M 26-50
VP Sales No 170 0 0 170 570 3.56% 2002 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Product in Beta 5-15M 10-25
VP Sales No 200 0 100 300 308 1.01% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
VP Sales No 175 0 0 175 150 0.42% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 26-50
VP Sales No 175 0 175 350 1000 0.69% 1998 Enterprise Software Southern
and Services
Cal Series E 2-10M Shipping 25-50M 51-100
VP Sales No 250 0 70 320 1100 2.87% 1996 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 2-10M Cal Profitable 25-50M 10-25
VP Sales No 175 0 0 175 415 0.64% 2003 Communications Software
Northeast
and Services
Series B 2-10M Shipping 15-25M 51-100
VP Sales No 185 0 0 185 900 0.60% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
VP Sales No 190 0 76 266 40 0.13% 2003 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M >200
VP Sales No 200 0 0 200 250 0.16% 2005 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
D >40M Cal Profitable 25-50M 100-200
VP Sales No 200 0 120 320 536 1.00% 2001 Internet/eCommerceSouthern
SoftwareCal
and Services
Series C 10-20M Shipping 15-25M 51-100
VP Sales No 200 50 150 400 250 0.77% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP Sales No 180 0 90 270 1045 1.97% 2005 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Product in Beta 5-15M 51-100
VP Sales No 111 0 0 111 450 0.80% 1999 Communications Equipment
Israel Series C 0-2M Shipping 25-50M 10-25
VP Sales No 175 0 18 193 1300 1.48% 2005 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product in Beta 50 - 75M 26-50
VP Sales No 200 100 0 300 180 0.45% 2005 Computer Systems and
Northeast
Peripherals Series B Pre Shipping 25-50M 51-100
VP Sales No 120 0 120 240 250 0.73% 1996 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 100-200
VP Sales No 140 0 30 170 100 0.09% 2005 Internet/eCommerceOther
Software
- Specify
and Services
in
Series
comments
A 2-10M Shipping 5-15M 51-100
VP Sales No 120 0 80 200 529 1.07% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
VP Sales No 200 0 100 300 53 1.01% 2002 Communications Software
Canadaand Services
Series A 2-10M Shipping 5-15M 51-100
VP Sales No 90 0 0 90 150 0.44% 2004 Communications Equipment
Israel Series B 2-10M Shipping 25-50M 100-200
VP Sales No 120 0 120 240 190 0.44% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
VP Sales No 180 0 150 330 600 0.49% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP Sales No 191 0 38 229 1871 1.23% 1997 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
D 0-2MCal Product Development
25-50M 10-25

Page 35 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Sales Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Sales No 150 0 100 250 200 1.00% 1990 Communications Software
Southwest
and Services
Series A 20- 40M Profitable 25-50M 51-100
VP Sales No 216 0 34 250 350 0.26% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
VP Sales No 250 100 100 450 384 1.48% 2004 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Sales No 200 0 0 200 340 0.45% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series D 20- 40M Shipping 5-15M 51-100
VP Sales No 120 0 80 200 136 0.70% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
VP Sales No 150 0 0 150 495 2.50% 2006 Semiconductor Southwest Series A Pre Product Development
5-15M 26-50
VP Sales No 155 0 50 205 130 1.18% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Profitable 15-25M 10-25
VP Sales No 200 0 100 300 60 1.14% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 2-5M 26-50
VP Sales No 200 0 125 325 446 1.25% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 0-2MCal Shipping 25-50M 51-100
VP Sales No 160 0 160 320 202 1.83% 2001 Enterprise Software Southern
and Services
Cal Series A 2-10M Shipping 2-5M 26-50
VP Sales No 180 0 100 280 1000 1.04% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP Sales No 180 0 180 360 139 1.99% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 0-2MCal Shipping 2-5M 1-9
VP Sales No 206 0 119 325 1582 2.03% 2001 Enterprise Software Northwest
and Services Series B 2-10M Shipping 25-50M 26-50
VP Sales No 175 0 0 175 320 1.66% 2006 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Profitable 15-25M 26-50
VP Sales No 185 0 0 185 200 0.99% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
VP Sales No 150 75 75 300 350 0.44% 2005 Internet/eCommerceNorthwest
Software and Services
Series C 2-10M Shipping 25-50M 100-200
VP Sales No 150 0 150 300 100 0.10% 2005 Internet/eCommerceCentral
Software and Services
Series C >40M Profitable Over 100M >200
VP Sales No 190 0 180 370 384 0.70% 2000 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 5-15M 100-200
VP Sales No 180 0 100 280 250 0.32% 2000 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C >40M Cal Shipping Over 100M >200
VP Sales No 250 0 200 450 125 0.56% 1993 Enterprise Software Southern
and Services
Cal Series B >40M Profitable 50 - 75M >200
VP Sales No 150 0 30 180 92 0.50% 2001 Internet/eCommerceSouthern
SoftwareCal
and Services
Series A 10-20M Shipping 5-15M 26-50
VP Sales No 140 0 36 176 90 0.07% 2002 Enterprise Software Southwest
and Services Series B 2-10M Shipping 15-25M 26-50
VP Sales No 166 0 166 332 1056 0.97% 2000 Communications Equipment
Northeast Series D 10-20M Shipping 50 - 75M 51-100
VP Sales No 225 0 225 450 108 0.25% 1999 Internet/eCommerceSoutheast
Software and Services
Series A 10-20M Product Development
25-50M 26-50
VP Sales No 190 0 95 285 198 1.32% 1994 Other - Specify in comments
Northwest Series D >40M Profitable 50 - 75M >200
VP Sales No 190 0 57 247 150 0.41% 2000 Communications Equipment
Southern Cal Series C 20- 40M Profitable 25-50M 100-200
VP Sales No 175 0 75 250 460 1.50% 1999 Financial Services Southeast Series B 2-10M Shipping 15-25M 51-100
VP Sales No 125 0 125 250 150 0.80% 2005 Internet/eCommerceNortheast
Software and Services
Series A 2-10M Shipping 5-15M 26-50
VP Sales No 200 0 0 200 950 1.02% 2003 Other - Specify in comments
Central Series B 2-10M Shipping 5-15M 100-200
VP Sales No 225 0 38 263 963 1.12% 1999 Enterprise Software Northeast
and Services Series A 20- 40M Profitable 25-50M 100-200
VP Sales No 145 0 135 280 123 0.51% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Shipping 5-15M 26-50
VP Sales No 175 0 0 175 414 0.78% 2003 Communications Equipment
Southern Cal Series B 0-2M Shipping 15-25M 26-50
VP Sales No 80 0 40 120 93 0.29% 1999 Consumer Services Northeast Series B 2-10M Profitable 5-15M 51-100
VP Sales No 140 0 0 140 1409 2.17% 2003 Communications Software
Israel and Services
Series B 0-2M Shipping 15-25M 51-100
VP Sales No 127 0 40 167 1100 0.47% 2004 Enterprise Software Northeast
and Services Series D 2-10M Shipping 5-15M 51-100
VP Sales No 200 0 100 300 175 1.46% 1999 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 0-2MCal Shipping 25-50M 10-25
VP Sales No 100 0 100 200 350 1.52% 2004 Internet/eCommerceSouthern
SoftwareCal
and Services
Series B 2-10M Shipping 5-15M 26-50
VP Sales No 86 0 66 152 800 0.23% 2002 Financial Services Southern Cal Series A 2-10M Shipping 2-5M 10-25
VP Sales No 175 0 50 225 120 0.12% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
C Pre Cal Product Development
25-50M 51-100
VP Sales No 200 0 0 200 3423 1.71% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 25-50M 51-100
VP Sales No 200 0 300 500 4102 1.50% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 26-50
VP Sales No 175 0 60 235 575 0.94% 1999 Communications Equipment
Southeast Series B >40M Shipping 50 - 75M 100-200
VP Sales No 200 0 0 200 450 1.49% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Profitable 15-25M >200
VP Sales No 190 0 88 278 2310 0.94% 2000 Enterprise Software Northwest
and Services Series B 2-10M Shipping 25-50M 100-200
VP Sales No 175 0 125 300 184 1.15% 2003 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
VP Sales No 125 0 100 225 105 0.49% 2005 Financial Services SF Bay Area/SiliconSeries
Valley/No.
B 0-2MCal Shipping 5-15M 51-100
VP Sales No 200 0 0 200 1800 1.30% 2005 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
VP Sales No 150 0 150 300 577 2.31% 2006 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 1-9
VP Sales No 220 0 240 460 208 0.31% 2000 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C >40M Cal Profitable 25-50M >200
VP WW Sales No 180 0 0 180 260 0.96% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Product in Beta 15-25M 51-100
VP WW Sales No 150 0 130 280 65 0.31% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 26-50
VP WW Sales No 140 0 0 140 168 0.87% 2003 Internet/eCommerceMountain
Software and Services
Series A 0-2M Shipping 5-15M 10-25

Page 36 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Sales Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP WW Sales No 150 0 60 210 426 1.25% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP WW Sales No 150 0 0 150 300 1.00% 2003 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 10-25
VP WW Sales No 250 0 250 500 4208 1.27% 1999 Communications Software
Europeand Services
Series C 2-10M Shipping 25-50M 51-100
VP WW Sales No 180 0 70 250 720 1.49% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP WW Sales No 200 0 195 395 850 0.81% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D >40M Cal Shipping 75-100M >200
VP WW Sales No 175 0 175 350 570 1.27% 2005 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
VP WW Sales No 2000 25 75 2100 532 1.90% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 10-20MCal Product in Beta 15-25M 26-50
VP WW Sales No 210 0 150 360 580 2.25% 2006 Internet/eCommerceNortheast
Software and Services
Series B Pre Product Development
5-15M 10-25
VP WW Sales No 180 0 170 350 763 0.49% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Profitable 50 - 75M 100-200
VP WW Sales No 200 0 200 400 557 0.97% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
VP WW Sales No 180 0 180 360 600 0.86% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100
VP WW Sales No 200 0 180 380 863 2.00% 2006 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
VP WW Sales No 190 0 160 350 750 0.88% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 100-200
VP WW Sales No 210 0 140 350 400 2.67% 2005 Enterprise Software Southwest
and Services Series B 0-2M Shipping 5-15M 26-50
VP WW Sales No 200 0 150 350 2400 1.31% 2000 Computer Systems andSF Bay
Peripherals
Area/Silicon
Series
Valley/No.
E 10-20MCal Shipping Over 100M 100-200
VP WW Sales No 250 150 0 400 1520 0.38% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
VP WW Sales No 175 0 30 205 500 0.41% 2004 Semiconductor China Series B Pre Product in Beta Over 100M >200
VP WW Sales No 200 0 200 400 900 0.61% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 2-10M Cal Shipping 25-50M 26-50
VP WW Sales No 200 0 80 280 200 1.29% 1993 Internet/eCommerceSoutheast
Software and Services
Series B >40M Shipping 15-25M >200
VP WW Sales No 200 0 175 375 899 1.08% 2001 Enterprise Software Northeast
and Services Series D 2-10M Shipping 15-25M 51-100
VP WW Sales No 250 0 275 525 900 0.55% 2000 Computer Systems and
Northwest
Peripherals Series F or>40M
above Shipping Over 100M >200
VP WW Sales No 136 0 185 321 370 1.30% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 26-50
VP WW Sales No 140 0 40 180 125 0.40% 2004 Other - Specify in comments
Southeast Series C 0-2M Shipping 50 - 75M 26-50
VP WW Sales No 165 0 237 402 1245 5.66% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
VP WW Sales No 200 0 120 320 350 0.71% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP WW Sales No 200 0 30 230 516 1.99% 2004 Consumer Services SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product in Beta 5-15M 26-50
VP WW Sales No 180 0 0 180 536 0.91% 2004 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 25-50M 51-100
VP WW Sales No 175 0 175 350 190 0.67% 2001 Other - Specify in comments
Northeast Series B 2-10M Shipping 25-50M 51-100
VP WW Sales No 201 0 110 311 1809 0.70% 1999 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E >40M Cal Shipping Over 100M >200
VP WW Sales No 200 0 150 350 435 0.75% 2000 Communication Software
Northeast
and Services
Series B 20- 40M Profitable 25-50M 100-200
VP WW Sales No 200 0 200 400 2391 1.05% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Profitable 25-50M 51-100
VP WW Sales No 180 0 200 380 165 0.28% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
VP WW Sales No 170 0 150 320 533 2.18% 2002 Enterprise Software Northeast
and Services Series B 10-20M Shipping 25-50M 51-100
VP WW Sales No 192 0 57 249 750 0.56% 2000 Semiconductor Northwest Series E 20- 40M Shipping 75-100M 100-200
VP WW Sales No 200 0 60 260 1268 1.32% 2002 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 26-50
VP WW Sales No 155 0 179 334 503 1.20% 2002 Enterprise Software Northeast
and Services Series C 10-20M Shipping 15-25M 100-200
VP WW Sales No 165 0 175 340 375 2.07% 1990 Enterprise Software Northeast
and Services Series A 20- 40M Profitable 5-15M 100-200
VP WW Sales No 185 0 185 370 546 1.23% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP WW Sales No 200 0 150 350 133 1.24% 2001 Enterprise Software Northeast
and Services Series D 10-20M Shipping 25-50M 51-100
VP WW Sales No 210 0 210 420 5000 0.86% 1999 Computer Systems and SF Bay
Peripherals
Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping Over 100M 100-200
VP WW Sales No 150 0 135 285 350 2.22% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP WW Sales No 175 0 175 350 800 1.18% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP WW Sales No 175 0 175 350 850 1.24% 2003 Enterprise Software Northeast
and Services Series D 2-10M Shipping 25-50M 51-100
VP WW Sales No 180 0 160 340 225 1.00% 2000 Communications Equipment
Northeast Series B 0-2M Product in Beta 50 - 75M 51-100
VP WW Sales No 210 0 100 310 25 0.14% 1994 Communications Software
Europeand Services
Series A 10-20M Shipping 5-15M 51-100
VP WW Sales No 200 0 200 400 730 1.30% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
VP WW Sales No 243 0 177 420 950 0.60% 1996 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Profitable 75-100M >200
VP WW Sales No 225 0 100 325 490 0.86% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
VP WW Sales No 156 0 0 156 500 0.17% 2000 Communications Equipment
Southeast Series C 10-20M Shipping 25-50M 51-100
VP WW Sales No 190 0 60 250 193 2.00% 2002 Internet/eCommerceSouthwest
Software and Services
Series D 2-10M Shipping 15-25M 51-100
VP WW Sales No 190 0 160 350 310 1.22% 2003 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100

Page 37 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Sales Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP WW Sales No 170 0 130 300 326 1.21% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
VP WW Sales No 225 0 225 450 500 1.75% 2001 Enterprise Software Northeast
and Services Series E 0-2M Shipping 75-100M 51-100
VP WW Sales No 190 0 0 190 300 0.77% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
VP WW Sales No 258 0 137 395 465 1.23% 1997 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
VP WW Sales No 175 0 200 375 4770 1.73% 1998 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
C 20- 40M
Cal Profitable 75-100M >200
VP WW Sales No 200 0 200 400 1800 1.26% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP WW Sales No 210 0 0 210 952 1.00% 1998 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping Over 100M >200
VP WW Sales No 200 0 150 350 758 1.46% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 50 - 75M 100-200
VP WW Sales No 150 0 100 250 160 0.50% 2001 Communications Software
Northeast
and Services
Series B 2-10M Shipping 25-50M 51-100
VP WW Sales No 180 0 137 317 1045 0.88% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 50 - 75M 100-200
VP WW Sales No 165 0 175 340 200 0.54% 1997 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
F or20-
above
40M
Cal Shipping 50 - 75M 100-200
VP WW Sales No 200 0 50 250 271 1.43% 1991 Other - Specify in comments
Southern Cal Series F or10-20M
above Shipping 25-50M 100-200
VP WW Sales No 300 0 200 500 150 0.75% 1996 Internet/eCommerceNortheast
Software and Services
Series A >40M Profitable 50 - 75M >200
VP WW Sales No 165 0 108 273 420 0.86% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP WW Sales No 200 0 200 400 1760 1.60% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 75-100M >200
VP WW Sales No 185 0 0 185 600 0.86% 2001 Communications Software
Southwest
and Services
Series B 2-10M Shipping 25-50M 26-50
VP WW Sales No 300 165 0 465 765 1.72% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Services
Series
Valley/No.
B >40M Cal Profitable 25-50M >200
VP WW Sales No 175 0 100 275 2366 1.73% 1999 Communications Equipment
Southeast Series C 10-20M Shipping 75-100M 51-100
VP WW Sales No 152 0 85 237 337 1.55% 2001 Enterprise Software Mountain
and Services Series B 2-10M Shipping 15-25M 51-100
VP WW Sales No 150 0 140 290 600 0.32% 1998 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
E 20- 40M
Cal Profitable 50 - 75M 100-200
VP WW Sales No 260 0 170 430 200 0.50% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
VP WW Sales No 160 0 140 300 530 0.84% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 51-100
VP WW Sales No 175 175 0 350 400 1.27% 2005 Communications Software
Northeast
and Services
Series B 0-2M Product Development
5-15M 26-50
VP WW Sales No 160 0 160 320 225 0.80% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
VP WW Sales No 200 0 200 400 631 1.75% 2003 Enterprise Software Northeast
and Services Series D 0-2M Shipping 25-50M 51-100
VP WW Sales No 120 0 0 120 60 0.23% 2004 Communications Software
Israel and Services
Series B Pre Product in Beta 5-15M 10-25
VP WW Sales No 175 0 150 325 125 1.25% 1989 Enterprise Software Mountain
and Services Series A 20- 40M Profitable 50 - 75M 51-100
VP WW Sales No 200 0 150 350 830 1.75% 2001 Communications Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B 20- 40M
Cal Shipping 25-50M >200
VP WW Sales No 175 0 150 325 224 1.00% 2003 Communications Equipment
Northeast Series C 10-20M Shipping 25-50M 51-100
VP WW Sales No 175 0 175 350 1085 1.20% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
VP WW Sales No 300 0 0 300 1500 1.50% 1998 Internet/eCommerceNortheast
Software and Services
Series E 10-20M Shipping 15-25M 51-100
VP WW Sales No 250 0 94 344 500 0.47% 1998 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A >40M Cal Profitable 50 - 75M >200
VP WW Sales No 150 0 150 300 1150 0.84% 1997 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
A 10-20MCal Shipping 75-100M 100-200
VP WW Sales No 150 0 0 150 125 0.63% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 26-50
VP WW Sales No 200 0 175 375 188 3.14% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
and Services
Series
Valley/No.
D >40M Cal Shipping Over 100M >200
VP WW Sales No 200 0 175 375 765 1.18% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A >40M Cal Profitable 5-15M >200
VP WW Sales No 185 0 165 350 260 1.23% 1996 Enterprise Software Northeast
and Services Series A 2-10M Shipping 25-50M 26-50
VP WW Sales No 180 0 70 250 170 1.49% 2006 Communications Software
Southwest
and Services
Series A Pre Product Development
5-15M 10-25
VP WW Sales No 200 0 200 400 2468 1.54% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 51-100
VP WW Sales No 148 0 148 296 355 0.80% 1993 Enterprise Software Northeast
and Services Series A 2-10M Restart 25-50M 51-100

Page 38 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Human Resources Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Human ResourcesYes 163 0 65 228 70 0.10% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
VP Human ResourcesYes 120 0 0 120 500 1.43% 2004 Semiconductor China Series A 2-10M Shipping 5-15M 51-100
VP Human ResourcesYes 120 0 30 150 120 1.03% 2006 Financial Services Southern CalSeries A Pre Product Development
5-15M 100-200
VP Human ResourcesNo 125 0 0 125 25 0.09% 2004 Internet/eCommerce Software
SF Bay Area/Silicon
andSeries
Services
BValley/No.
2-10MCal Product in Beta
15-25M 51-100
VP Human ResourcesNo 120 0 12 132 63 0.22% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
VP Human ResourcesNo 115 0 23 138 100 0.10% 1998 Internet/eCommerce Software
NortheastandSeries
Services
E 10-20M Shipping 15-25M 51-100
VP Human ResourcesNo 135 0 30 165 25 0.05% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
VP Human ResourcesNo 220 0 24 244 220 0.32% 2000 Internet/eCommerce Software
SF Bay Area/Silicon
andSeries
Services
CValley/No.
>40MCal Profitable 25-50M >200
VP Human ResourcesNo 215 0 65 280 300 0.38% 2000 Communications Software
SF Bay
and
Area/Silicon
Services
Series CValley/No.
>40MCal Shipping Over 100M >200
VP Human ResourcesNo 200 0 50 250 2049 0.75% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
VP Human ResourcesNo 193 0 0 193 325 0.08% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
Series FValley/No.
or above
2-10MCal Shipping Over 100M 100-200
VP Human ResourcesNo 200 0 60 260 25 0.11% 1993 Enterprise Software and
Southern
Services
CalSeries B >40M Profitable 50 - 75M >200
VP Human ResourcesNo 156 0 0 156 331 0.20% 2000 Computer Systems and
Northwest
Peripherals
Series F or above
>40M Shipping Over 100M >200
VP Human ResourcesNo 165 0 40 205 468 0.20% 2002 Semiconductor SF Bay Area/Silicon
Series CValley/No.
>40MCal Shipping Over 100M >200
VP Human ResourcesNo 162 0 30 192 513 0.48% 1998 Internet/eCommerce Software
SF Bay Area/Silicon
andSeries
Services
AValley/No.
>40MCal Profitable 50 - 75M >200
VP Human ResourcesNo 150 0 18 168 121 0.28% 1999 Enterprise Software and
SF Bay
Services
Area/Silicon
Series CValley/No.
10-20MCal Shipping Over 100M 100-200
VP Human ResourcesNo 73 0 18 91 160 0.32% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
VP Human ResourcesNo 140 0 42 182 50 0.05% 2005 Internet/eCommerce Software
Central andSeries
Services
C >40M Profitable Over 100M >200
VP Human ResourcesNo 72 0 31 103 63 0.12% 2001 Enterprise Software and
SF Bay
Services
Area/Silicon
Series DValley/No.
10-20MCal Shipping 50 - 75M 100-200
VP Human ResourcesNo 170 0 60 230 649 0.62% 1999 Computer Systems and
SFPeripherals
Bay Area/Silicon
Series DValley/No.
>40MCal Shipping 75-100M >200
VP Human ResourcesNo 170 0 26 196 125 0.18% 1999 Internet/eCommerce Software
SF Bay Area/Silicon
andSeries
Services
DValley/No.
20- 40M
Cal Shipping 25-50M 100-200
VP Human ResourcesNo 90 0 0 90 11 0.03% 2002 Enterprise Software and
Northeast
Services Series C 10-20M Shipping 15-25M 100-200
VP Human ResourcesNo 150 0 0 150 125 0.13% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
Series DValley/No.
10-20MCal Profitable 25-50M 100-200
VP Human ResourcesNo 185 0 37 222 450 2.05% 2001 Semiconductor Southern CalSeries C >40M Shipping 75-100M >200
VP Human ResourcesNo 225 0 75 300 265 0.41% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series AValley/No.
>40MCal Profitable 5-15M >200
VP Human ResourcesNo 145 0 40 185 25 0.16% 1993 Internet/eCommerce Software
SoutheastandSeries
Services
B >40M Shipping 15-25M >200
VP Human ResourcesNo 160 0 32 192 125 0.47% 2004 Internet/eCommerce Software
NortheastandSeries
Services
C 10-20M Shipping 75-100M 100-200
VP Human ResourcesNo 130 0 15 145 55 0.07% 2000 Enterprise Software and
Canada
Services Series C 20- 40M Shipping 25-50M >200
VP Human ResourcesNo 175 0 36 211 1500 0.26% 1999 Computer Systems and
SFPeripherals
Bay Area/Silicon
Series DValley/No.
20- 40M
Cal Shipping Over 100M 100-200
VP Human ResourcesNo 175 0 50 225 75 0.23% 1996 Financial Services SF Bay Area/Silicon
Series FValley/No.
or above
>40MCal Shipping Over 100M >200
VP Human ResourcesNo 150 0 0 150 150 0.18% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series DValley/No.
10-20MCal Shipping 75-100M 100-200
VP Human ResourcesNo 165 0 30 195 130 0.35% 1997 Enterprise Software and
SF Bay
Services
Area/Silicon
Series FValley/No.
or above
20- 40M
Cal Shipping 50 - 75M 100-200
VP Human ResourcesNo 130 0 35 165 75 0.35% 1996 Enterprise Software and
Northeast
Services Series A 2-10M Shipping 25-50M 26-50
VP Human ResourcesNo 150 0 8 158 40 0.05% 2001 Enterprise Software and
Northeast
Services Series E >40M Shipping 50 - 75M >200
VP Human ResourcesNo 185 0 37 222 275 0.70% 1999 Other - Specify in comments
Northeast Series E >40M Profitable 25-50M >200
VP Human ResourcesNo 175 0 0 175 150 0.50% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series BValley/No.
20- 40M
Cal Profitable 15-25M >200
VP Human ResourcesNo 160 0 48 208 500 2.17% 1997 Other - Specify in comments
Southern CalSeries B >40M Profitable 5-15M >200
VP Human ResourcesNo 165 0 35 200 196 0.49% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
VP Human ResourcesNo 160 0 40 200 15 0.17% 1999 Internet/eCommerce Software
NortheastandSeries
Services
F or above
20- 40M Shipping 2-5M 100-200
VP Human ResourcesNo 130 0 13 143 120 0.20% 1999 Communications Equipment
Southeast Series B >40M Shipping 50 - 75M 100-200
VP Human ResourcesNo 130 0 33 163 26 0.17% 1994 Other - Specify in comments
Northwest Series D >40M Profitable 50 - 75M >200
VP Human ResourcesNo 150 0 0 150 100 0.17% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Service Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Customer Support Yes 187 0 50 237 1712 1.09% 1999 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
C >40MCal Profitable 50 - 75M 100-200
VP Customer Support Yes 187 0 56 243 1200 4.98% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 20- 40M Cal Shipping 5-15M 26-50
VP Customer Support Yes 170 0 30 200 686 1.32% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 50 - 75M 100-200
VP Customer Support Yes 120 0 10 130 1500 5.00% 2003 Internet/eCommerceSouthwest
Software and Series
Services
B 2-10M Shipping 5-15M 10-25
VP Professional ServicesYes 180 0 54 234 440 0.66% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
VP Professional ServicesYes 132 0 56 188 520 0.97% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 50 - 75M 100-200
VP Professional ServicesYes 150 0 40 190 982 1.84% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 25-50M 26-50
VP Professional ServicesYes 140 0 20 160 0 0.00% 2004 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C 0-2M Cal Shipping 25-50M 51-100
VP Professional ServicesYes 168 0 40 208 272 1.05% 2006 Internet/eCommerceNortheast
Software and Series
Services
B Pre Product Development
5-15M 10-25
VP Customer Support No 77 0 0 77 25 0.09% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 2-10MCal Product in Beta 15-25M 51-100
VP Customer Support No 170 0 30 200 125 0.66% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 10-25
VP Customer Support No 180 0 40 220 902 1.00% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 15-25M 51-100
VP Customer Support No 173 0 0 173 375 0.59% 2000 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Shipping 75-100M 51-100
VP Customer Support No 135 0 54 189 250 0.41% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
VP Customer Support No 135 0 0 135 100 0.71% 2003 Other - Specify in comments
Northeast Series A 0-2M Product in Beta 2-5M 10-25
VP Customer Support No 100 0 20 120 200 0.57% 2004 Semiconductor China Series A 2-10M Shipping 5-15M 51-100
VP Customer Support No 137 0 0 137 100 0.36% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
D 0-2M Cal Product Development
15-25M 26-50
VP Customer Support No 150 0 20 170 2900 1.23% 2004 Enterprise Software Northeast
and Services Series D 2-10M Shipping 5-15M 51-100
VP Customer Support No 210 0 74 284 803 0.76% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
D >40MCal Shipping 75-100M >200
VP Customer Support No 160 0 0 160 320 0.54% 2004 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
E 10-20M Cal Shipping 25-50M 51-100
VP Customer Support No 250 0 50 300 1748 1.29% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
VP Customer Support No 162 18 0 180 20 0.95% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C Pre Cal Product Development
15-25M 10-25
VP Customer Support No 175 0 18 193 1500 3.04% 2004 Computer Systems and
SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 25-50M 51-100
VP Customer Support No 140 0 42 182 625 0.77% 2001 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B 2-10MCal Shipping 25-50M 26-50
VP Customer Support No 115 0 45 160 62 1.51% 1996 Internet/eCommerceNortheast
Software and Series
Services
C 2-10M Profitable 25-50M 51-100
VP Customer Support No 160 0 56 216 167 0.39% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 10-20M Cal Shipping Over 100M 100-200
VP Customer Support No 125 0 90 215 200 0.29% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
D 20- 40M Cal Shipping 25-50M 100-200
VP Customer Support No 180 0 54 234 150 0.75% 1990 Communications Software
Southwest
and Services
Series A 20- 40M Profitable 25-50M 51-100
VP Customer Support No 140 0 16 156 610 0.71% 1999 Enterprise Software Northeast
and Services Series A 20- 40M Profitable 25-50M 100-200
VP Customer Support No 105 0 0 105 130 0.60% 2005 Financial Services SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 51-100
VP Customer Support No 150 0 40 190 100 0.67% 2005 Enterprise Software Southwest
and Services Series B 0-2M Shipping 5-15M 26-50
VP Customer Support No 100 0 56 156 85 0.20% 2002 Enterprise Software Northeast
and Services Series C 10-20M Shipping 15-25M 100-200
VP Customer Support No 165 0 0 165 56 0.52% 2001 Enterprise Software Northeast
and Services Series D 10-20M Shipping 25-50M 51-100
VP Customer Support No 201 0 64 265 230 0.61% 1997 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 75-100M 100-200
VP Customer Support No 170 0 0 170 1200 0.84% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 25-50M 51-100
VP Customer Support No 175 0 45 220 33 0.16% 1996 Internet/eCommerceNortheast
Software and Series
Services
A >40M Profitable 50 - 75M >200
VP Customer Support No 150 0 0 150 240 0.34% 2001 Communications Software
Southwest
and Services
Series B 2-10M Shipping 25-50M 26-50
VP Customer Support No 200 0 80 280 2250 1.19% 1998 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
E 20- 40M Cal Profitable 50 - 75M 100-200
VP Customer Support No 186 0 0 186 205 0.43% 2001 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B 20- 40M Cal Shipping 25-50M >200
VP Customer Support No 151 0 30 181 50 0.25% 1999 Internet/eCommerceSouthern
SoftwareCal
and Series
Services
D >40M Profitable 25-50M >200
VP Professional ServicesNo 175 0 61 236 1000 1.01% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 5-15M 51-100
VP Professional ServicesNo 200 0 70 270 2019 0.61% 1999 Communications Software
Europeand Services
Series C 2-10M Shipping 25-50M 51-100
VP Professional ServicesNo 150 0 25 175 510 1.02% 1999 Enterprise Software Southwest
and Services Series B 2-10M Shipping 25-50M 26-50
VP Professional ServicesNo 175 0 53 228 200 0.13% 1996 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Profitable 75-100M >200
VP Professional ServicesNo 150 0 35 185 920 1.19% 2000 Enterprise Software Canada
and Services Series C 20- 40M Shipping 25-50M >200
VP Professional ServicesNo 165 0 50 215 250 0.45% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
VP Professional ServicesNo 160 0 32 192 75 0.28% 2004 Internet/eCommerceNortheast
Software and Series
Services
C 10-20M Shipping 75-100M 100-200
VP Professional ServicesNo 150 0 40 190 1000 1.00% 2000 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 10-20M Cal Shipping 25-50M 51-100

Page 40 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Service Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Professional ServicesNo 160 0 40 200 300 0.48% 1993 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
VP Professional ServicesNo 160 0 25 185 800 0.60% 2002 Enterprise Software Southwest
and Services Series B 2-10M Shipping 15-25M 26-50
VP Professional ServicesNo 150 0 40 190 1060 0.46% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 20- 40M Cal Profitable 25-50M 51-100
VP Professional ServicesNo 160 0 32 192 1400 0.24% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
D 20- 40M Cal Shipping Over 100M 100-200
VP Professional ServicesNo 190 0 135 325 835 0.84% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Profitable 25-50M 100-200
VP Professional ServicesNo 190 0 24 214 480 1.60% 2006 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
A 0-2M Cal Shipping 5-15M 10-25
VP Professional ServicesNo 185 0 20 205 375 0.93% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
25-50M 51-100
VP Professional ServicesNo 140 0 49 189 21 0.34% 2003 Other - Specify in comments
Northwest Series B 2-10M Shipping 5-15M 26-50
VP Professional ServicesNo 195 0 40 235 1022 1.37% 1997 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A 20- 40M Cal Shipping 15-25M 100-200
VP Professional ServicesNo 150 0 30 180 470 2.24% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
A 0-2M Cal Shipping 5-15M 26-50
VP Professional ServicesNo 150 0 45 195 350 1.03% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 5-15M 26-50
VP Professional ServicesNo 180 0 45 225 400 0.67% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 25-50M 26-50
VP Professional ServicesNo 125 0 63 188 57 0.11% 1998 Enterprise Software Southwest
and Services Series E 0-2M Shipping 25-50M 26-50
VP Professional ServicesNo 140 0 42 182 128 0.60% 2006 Enterprise Software Northeast
and Services Series B 0-2M Shipping 15-25M 26-50
VP Professional ServicesNo 184 0 55 239 188 0.85% 2001 Enterprise Software Europe
and Services Series C >40M Shipping 15-25M >200
VP Professional ServicesNo 180 0 60 240 230 0.57% 2003 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 20- 40M Cal Profitable 5-15M 100-200
VP Professional ServicesNo 150 0 20 170 250 1.00% 2004 Computer Systems and
Northeast
PeripheralsSeries B 2-10M Shipping 15-25M 26-50
VP Professional ServicesNo 200 0 0 200 1196 2.50% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 10-20M Cal Profitable 25-50M 51-100
VP Professional ServicesNo 136 0 30 166 200 0.19% 2001 Enterprise Software Southwest
and Services Series D 10-20M Shipping 25-50M 51-100
VP Professional ServicesNo 161 0 78 239 355 0.80% 1993 Enterprise Software Northeast
and Services Series A 2-10M Restart 25-50M 51-100
VP Professional ServicesNo 185 0 50 235 50 0.29% 1998 Enterprise Software Northwest
and Services Series C 20- 40M Profitable 25-50M 51-100
VP Professional ServicesNo 185 0 25 210 625 0.30% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 25-50M 100-200
VP Professional ServicesNo 135 0 30 165 440 0.64% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
F or2-10M
aboveCal Shipping 50 - 75M 51-100
VP Professional ServicesNo 155 0 0 155 80 2.19% 1999 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Professional ServicesNo 170 0 50 220 210 0.81% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
A 20- 40M Cal Profitable 2-5M 100-200
VP Professional ServicesNo 175 0 100 275 350 1.09% 1996 Financial Services SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Shipping Over 100M >200
VP Professional ServicesNo 150 0 50 200 243 1.09% 2003 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Professional ServicesNo 151 0 20 171 390 0.92% 1994 Enterprise Software Northwest
and Services Series B 20- 40M Shipping 15-25M 100-200
VP Professional ServicesNo 135 0 92 227 350 0.77% 2002 Enterprise Software Mountain
and Services Series C 2-10M Shipping 15-25M 26-50
VP Professional ServicesNo 175 0 88 263 55 1.04% 2002 Communications Software
Canadaand Services
Series A 2-10M Shipping 5-15M 51-100
VP Professional ServicesNo 300 150 90 540 175 0.78% 1993 Enterprise Software Southern
and Services
Cal Series B >40M Profitable 50 - 75M >200
VP Professional ServicesNo 120 0 0 120 223 0.11% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
F or10-20M
aboveCal Shipping 25-50M 51-100
VP Professional ServicesNo 175 0 15 190 128 0.80% 2003 Computer Systems and
SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 15-25M 26-50
VP Professional ServicesNo 165 0 0 165 200 0.24% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 75-100M 100-200
VP Professional ServicesNo 200 0 40 240 200 0.40% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 25-50M 51-100
VP Professional ServicesNo 175 0 75 250 290 1.60% 1990 Enterprise Software Northeast
and Services Series A 20- 40M Profitable 5-15M 100-200
VP Professional ServicesNo 125 0 15 140 60 0.34% 1994 Communications Software
Europeand Services
Series A 10-20M Shipping 5-15M 51-100
VP Professional ServicesNo 220 0 55 275 900 1.60% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 50 - 75M 100-200
VP Professional ServicesNo 175 0 15 190 90 0.36% 2003 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C 10-20M Cal Shipping 25-50M 51-100
VP Professional ServicesNo 200 0 100 300 250 0.68% 1997 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
F or20-
above
40M
Cal Shipping 50 - 75M 100-200
VP Professional ServicesNo 94 0 8 102 156 1.01% 2005 Enterprise Software Israel
and Services Series B Pre Product Development
5-15M 26-50
VP Professional ServicesNo 170 0 10 180 200 1.00% 2003 Internet/eCommerceSouthwest
Software and Series
Services
B 2-10M Shipping 15-25M 26-50
VP Professional ServicesNo 175 0 50 225 795 0.58% 1997 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
A 10-20M Cal Shipping 75-100M 100-200
VP Professional ServicesNo 150 0 0 150 50 0.25% 2003 Enterprise Software Northeast
and Services Series B 2-10M Product in Beta 5-15M 26-50
VP Professional ServicesNo 160 0 20 180 1040 0.16% 2000 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
F or10-20M
aboveCal Shipping Over 100M 100-200
VP Professional ServicesNo 190 0 28 218 152 0.90% 2005 Computer Systems and SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Professional ServicesNo 165 0 25 190 225 1.25% 2001 Other - Specify in comments
Southwest Series D 0-2M Shipping 25-50M 26-50
VP Professional ServicesNo 150 0 50 200 90 0.53% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 15-25M 26-50

Page 41 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Service Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Professional ServicesNo 140 0 0 140 282 0.69% 1999 Enterprise Software Southwest
and Services Series D 2-10M Shipping 25-50M 26-50
VP Professional ServicesNo 150 0 25 175 86 0.16% 2000 Enterprise Software Northeast
and Services Series D 2-10M Shipping 5-15M 51-100
VP Professional ServicesNo 150 0 0 150 75 1.51% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
A 2-10MCal Profitable Under 2M 10-25
VP Professional ServicesNo 135 0 20 155 103 1.10% 1995 Internet/eCommerceNortheast
Software and Series
Services
B 0-2M Shipping 2-5M 10-25
VP Professional ServicesNo 175 0 25 200 260 0.58% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 25-50M 51-100

Page 42 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Business Development Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Business Development
Yes 130 55 0 185 640 3.66% 2005 Financial Services Southeast Series B 10-20M Shipping 15-25M 51-100
VP Business Development
Yes 195 0 0 195 6230 8.45% 2004 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 51-100
VP Business Development
Yes 150 0 0 150 460 2.75% 2006 Communications Software
Northeast
and Services
Series B 0-2M Shipping 15-25M 26-50
VP Business Development
Yes 185 0 30 215 950 5.05% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 10-25
VP Business Development
Yes 172 0 10 182 1933 1.43% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
VP Business Development
Yes 175 0 40 215 2500 11.57% 2005 Financial Services SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 51-100
VP Business Development
Yes 170 0 50 220 1100 2.00% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
VP Business Development
Yes 170 0 85 255 861 1.66% 1998 Enterprise Software Southwest
and Services Series E 0-2M Shipping 25-50M 26-50
VP Business Development
Yes 150 0 50 200 275 1.23% 2003 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Business Development
Yes 230 0 59 289 2350 4.19% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 50 - 75M 100-200
VP Business Development
Yes 210 0 0 210 1426 3.21% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 25-50M 51-100
VP Business Development
Yes 150 0 30 180 295 0.95% 2004 Enterprise Software Northeast
and Services Series C 0-2M Shipping 2-5M 51-100
VP Business Development
Yes 250 0 0 250 250 7.14% 2006 Internet/eCommerceSouthern
SoftwareCal
and Series
Services
B 0-2M Product in Beta 5-15M 26-50
VP Business Development
Yes 180 0 63 243 1125 3.97% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
VP Business Development
Yes 200 0 0 200 1424 5.70% 2004 Computer Systems and
Southwest
PeripheralsSeries B 0-2M Shipping 15-25M 26-50
VP Business Development
Yes 195 0 80 275 443 1.03% 2006 Enterprise Software Northeast
and Services Series A 0-2M Shipping 15-25M 10-25
VP Business Development
Yes 100 0 0 100 686 1.22% 1999 Communications Equipment
Israel Series C 0-2M Shipping 25-50M 10-25
VP Business Development
Yes 160 0 0 160 847 0.92% 2002 Semiconductor Southern Cal Series C Pre Product Development
75-100M 51-100
VP Business Development
Yes 180 0 54 234 300 3.79% 2004 Communications Software
Europeand Services
Series B Pre Product Development
25-50M 51-100
VP Business Development
Yes 160 0 40 200 333 1.43% 2006 Internet/eCommerceNortheast
Software and Series
Services
A 0-2M Shipping 5-15M 26-50
VP Business Development
Yes 185 0 37 222 1105 5.48% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 0-2M Cal Shipping 5-15M 10-25
VP Business Development
Yes 180 0 80 260 51 1.30% 1996 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 2-10MCal Shipping 15-25M 10-25
VP Business Development
Yes 165 0 0 165 2000 9.09% 2006 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
A 0-2M Cal Product in Beta 5-15M 10-25
VP Business Development
Yes 188 0 28 216 470 1.30% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 2-10MCal Shipping 15-25M 26-50
VP Business Development
Yes 150 0 65 215 1129 10.26% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Profitable 15-25M 10-25
VP Business Development
Yes 150 0 50 200 460 8.76% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 2-5M 26-50
VP Business Development
Yes 205 0 82 287 563 0.58% 2005 Internet/eCommerceCentral
Software and Series
Services
C >40M Profitable Over 100M >200
VP Business Development
Yes 180 0 120 300 976 1.44% 2000 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C >40MCal Profitable 25-50M >200
VP Business Development
Yes 150 0 0 150 8000 11.84% 2005 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 5-15M 26-50
VP Business Development
Yes 180 0 50 230 1470 9.99% 1998 Enterprise Software Northeast
and Services Series A 0-2M Shipping 5-15M 10-25
VP Business Development
Yes 178 0 0 178 1064 2.10% 2002 Semiconductor Southwest Series C Pre Product Development
25-50M 26-50
VP Business Development
Yes 150 0 25 175 900 5.29% 2005 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 10-25
VP Business Development
Yes 160 0 0 160 231 1.04% 1998 Internet/eCommerceMountain
Software and Series
Services
B >40M Profitable 25-50M 100-200
VP Business Development
Yes 180 0 27 207 7899 14.73% 2001 Internet/eCommerceSouthern
SoftwareCal
and Series
Services
C 10-20M Shipping 15-25M 51-100
VP Business Development
Yes 250 0 100 350 300 1.16% 2004 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Business OperationsYes 203 0 41 244 700 1.71% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C Pre Cal Product Development
75-100M 51-100
VP Business OperationsYes 120 0 0 120 120 0.79% 2001 Other - Specify in comments
Northeast Series B 0-2M Product in Beta 15-25M 26-50
VP Business Development
No 125 0 0 125 40 0.15% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 2-10MCal Product in Beta 15-25M 51-100
VP Business Development
No 150 0 0 150 100 0.68% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Business Development
No 225 0 100 325 664 1.50% 2004 Internet/eCommerceSouthern
SoftwareCal
and Series
Services
C 0-2M Shipping 15-25M 26-50
VP Business Development
No 210 0 0 210 400 1.93% 2005 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B Pre Cal Early/Product Definition
5-15M 1-9
VP Business Development
No 150 0 0 150 150 0.71% 2003 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 2-10MCal Shipping 15-25M 26-50
VP Business Development
No 110 0 0 110 100 0.33% 2003 Internet/eCommerceSouthwest
Software and Series
Services
B 2-10M Shipping 5-15M 10-25
VP Business Development
No 252 0 101 353 1000 1.49% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
VP Business Development
No 170 0 151 321 315 0.59% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 50 - 75M 100-200
VP Business Development
No 170 0 0 170 500 1.56% 2004 Semiconductor Southern Cal Series B 10-20M Profitable 25-50M 51-100
VP Business Development
No 185 0 0 185 350 1.67% 2007 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 10-25

Page 43 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Business Development Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Business Development
No 160 0 64 224 292 0.48% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
VP Business Development
No 180 0 63 243 351 0.33% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
D >40MCal Shipping 75-100M >200
VP Business Development
No 200 0 80 280 900 1.83% 2004 Computer Systems and
SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 25-50M 51-100
VP Business Development
No 175 0 150 325 450 0.64% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
D 20- 40M Cal Shipping 25-50M 100-200
VP Business Development
No 100 0 120 220 125 0.30% 2002 Enterprise Software Northeast
and Services Series C 10-20M Shipping 15-25M 100-200
VP Business Development
No 200 0 30 230 15 0.08% 1999 Internet/eCommerceSouthern
SoftwareCal
and Series
Services
D >40M Profitable 25-50M >200
VP Business Development
No 150 0 40 190 300 0.60% 1999 Enterprise Software Southwest
and Services Series B 2-10M Shipping 25-50M 26-50
VP Business Development
No 165 0 40 205 162 0.16% 2002 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Profitable 25-50M 100-200
VP Business Development
No 175 0 75 250 1000 0.93% 2001 Enterprise Software Southwest
and Services Series D 10-20M Shipping 25-50M 51-100
VP Business Development
No 220 0 73 293 1715 0.81% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 25-50M 100-200
VP Business Development
No 180 0 100 280 8 0.22% 1999 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP Business Development
No 160 0 60 220 190 0.73% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
A 20- 40M Cal Profitable 2-5M 100-200
VP Business Development
No 225 0 68 293 25 0.11% 1993 Enterprise Software Southern
and Services
Cal Series B >40M Profitable 50 - 75M >200
VP Business Development
No 235 0 50 285 550 2.17% 2003 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C 10-20M Cal Shipping 25-50M 51-100
VP Business Development
No 166 0 50 216 96 0.44% 2001 Enterprise Software Mountain
and Services Series B 2-10M Shipping 15-25M 51-100
VP Business Development
No 200 0 40 240 4999 0.75% 2000 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
F or10-20M
aboveCal Shipping Over 100M 100-200
VP Business Development
No 165 0 30 195 289 1.60% 2001 Other - Specify in comments
Southwest Series D 0-2M Shipping 25-50M 26-50
VP Business Development
No 150 0 0 150 200 0.49% 1999 Enterprise Software Southwest
and Services Series D 2-10M Shipping 25-50M 26-50
VP Business Development
No 145 0 0 145 200 0.51% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
VP Business Development
No 195 0 0 195 1500 0.99% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
VP Business Development
No 175 0 0 175 220 1.14% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 0-2M Cal Profitable 15-25M 26-50
VP Business Development
No 158 0 75 233 190 0.12% 2000 Computer Systems and
Northwest
PeripheralsSeries F or>40M
above Shipping Over 100M >200
VP Business Development
No 186 0 19 205 430 1.30% 2003 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 25-50M 51-100
VP Business Development
No 159 0 40 199 190 0.43% 2005 Other - Specify in comments
Mountain Series A Pre Product in Beta 25-50M 10-25
VP Business Development
No 217 0 63 280 170 1.36% 2005 Communications Equipment
Europe Series A Pre Product Development
5-15M 51-100
VP Business Development
No 210 0 42 252 418 1.02% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C Pre Cal Product Development
75-100M 51-100
VP Business Development
No 160 0 50 210 25 0.27% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 2-10MCal Shipping 25-50M 51-100
VP Business Development
No 180 0 80 260 287 1.25% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Business Development
No 150 0 50 200 300 1.60% 2005 Computer Systems and
Northeast
PeripheralsSeries A Pre Product Development
5-15M 10-25
VP Business Development
No 140 0 100 240 40 0.31% 2007 Internet/eCommerceNortheast
Software and Series
Services
A Pre Product Development
2-5M 1-9
VP Business Development
No 150 0 25 175 200 0.43% 2004 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B Pre Cal Shipping 15-25M 10-25
VP Business Development
No 150 0 0 150 500 1.08% 2004 Internet/eCommerceNortheast
Software and Series
Services
B 2-10M Shipping 25-50M 100-200
VP Business Development
No 185 0 46 231 225 0.41% 2004 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
C 10-20M Cal Shipping 25-50M 51-100
VP Business Development
No 200 0 40 240 900 0.39% 2002 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C >40MCal Shipping Over 100M >200
VP Business Development
No 190 0 30 220 625 0.63% 2001 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C 2-10MCal Shipping 50 - 75M 51-100
VP Business Development
No 130 0 30 160 100 0.09% 2005 Internet/eCommerceOther
Software
- Specify
and Series
Services
in comments
A 2-10M Shipping 5-15M 51-100
VP Business Development
No 180 0 100 280 2000 2.08% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Business Development
No 145 0 35 180 900 0.83% 2000 Communications Equipment
Northeast Series D 10-20M Shipping 50 - 75M 51-100
VP Business Development
No 200 0 0 200 1800 1.30% 2005 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 51-100
VP Business Development
No 193 0 120 313 200 0.35% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
VP Business Development
No 200 0 40 240 2528 11.49% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
VP Business Development
No 241 0 0 241 1809 0.70% 1999 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
E >40MCal Shipping Over 100M >200
VP Business Development
No 225 0 0 225 4320 1.56% 1998 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 20- 40M Cal Profitable 75-100M >200
VP Business Development
No 205 0 38 243 575 0.54% 1998 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
A >40MCal Profitable 50 - 75M >200
VP Business Development
No 200 0 150 350 394 0.61% 1999 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A >40MCal Profitable 5-15M >200
VP Business Development
No 145 0 15 160 100 0.71% 2005 Enterprise Software Israel
and Services Series A Pre Product in Beta 5-15M 26-50
VP Business Development
No 175 0 50 225 225 0.94% 2002 Semiconductor Northeast Series D 10-20M Shipping 50 - 75M 100-200

Page 44 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Business Development Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Business Development
No 150 0 0 150 162 1.00% 2006 Internet/eCommerceNortheast
Software and Series
Services
A Pre Product in Beta 2-5M 10-25
VP Business Development
No 180 50 0 230 398 1.16% 2000 Internet/eCommerceNortheast
Software and Series
Services
D 0-2M Shipping 15-25M 10-25
VP Business Development
No 160 0 25 185 65 0.20% 2002 Communications Software
Centraland Services
Series B 0-2M Shipping 15-25M 10-25
VP Business Development
No 150 0 0 150 100 0.87% 2005 Semiconductor Asia Series A 0-2M Product in Beta 5-15M 51-100
VP Business Development
No 155 45 0 200 247 0.75% 2006 Internet/eCommerceEurope
Software and Series
Services
A 0-2M Product in Beta 15-25M 26-50
VP Business Development
No 140 0 0 140 220 1.94% 2007 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
A 0-2M Cal Product in Beta 5-15M 10-25
VP Business Development
No 179 0 0 179 747 0.90% 2001 Other - Specify in comments
Northeast Series C 0-2M Product in Beta 5-15M 26-50
VP Business Development
No 250 25 0 275 526 2.47% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 10-20M Cal Restart 25-50M 26-50
VP Business Development
No 180 0 120 300 75 0.75% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 25-50M 51-100
VP Business Development
No 150 0 40 190 150 0.43% 2000 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
D 10-20M Cal Shipping 25-50M 51-100
VP Business Development
No 180 0 0 180 375 1.85% 2006 Enterprise Software Southern
and Services
Cal Series A 0-2M Shipping 5-15M 26-50
VP Business Development
No 180 0 45 225 3554 1.52% 1998 Semiconductor Northeast Series C 2-10M Product in Beta 75-100M 51-100
VP Business Development
No 175 0 35 210 250 1.00% 2003 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C 2-10MCal Shipping 25-50M 26-50
VP Business Development
No 150 0 115 265 297 0.32% 2000 Enterprise Software Mountain
and Services Series B 0-2M Shipping 25-50M 26-50
VP Business Development
No 175 0 75 250 209 1.00% 2000 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 5-15M 26-50
VP Business Development
No 180 0 40 220 756 1.75% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 25-50M 26-50
VP Business Development
No 176 0 70 246 1000 0.69% 1998 Enterprise Software Southern
and Services
Cal Series E 2-10M Shipping 25-50M 51-100
VP Business Development
No 150 0 0 150 800 1.23% 2003 Communications Software
Northeast
and Services
Series B 2-10M Shipping 15-25M 51-100
VP Business Development
No 150 100 0 250 70 0.17% 2005 Computer Systems and Northeast
PeripheralsSeries B Pre Shipping 25-50M 51-100
VP Business Development
No 150 0 70 220 100 0.29% 1996 Enterprise Software SF
andBayServices
Area/Silicon
SeriesValley/No.
F or10-20M
aboveCal Shipping 25-50M 100-200
VP Business Development
No 220 0 20 240 1075 0.80% 2005 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 0-2M Cal Shipping 5-15M 10-25
VP Business Development
No 171 0 100 271 199 0.25% 2000 Communications Software
SF BayandArea/Silicon
Services
SeriesValley/No.
C >40MCal Shipping Over 100M >200
VP Business Development
No 145 0 36 181 200 0.47% 1999 Internet/eCommerceSoutheast
Software and Series
Services
A 10-20M Product Development
25-50M 26-50
VP Business Development
No 130 0 0 130 904 1.39% 2003 Communications Software
Israel and Services
Series B 0-2M Shipping 15-25M 51-100
VP Business Development
No 120 60 0 180 150 0.58% 2004 Consumer Services SF Bay Area/SiliconSeriesValley/No.
B 0-2M Cal Product in Beta 5-15M 26-50
VP Business Development
No 165 0 41 206 170 0.29% 2000 Communication Software
Northeast
and Services
Series B 20- 40M Profitable 25-50M 100-200
VP Business Development
No 185 0 80 265 426 1.74% 2002 Enterprise Software Northeast
and Services Series B 10-20M Shipping 25-50M 51-100
VP Business Development
No 190 0 55 245 236 1.49% 2003 Enterprise Software SF
andBayServices
Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 5-15M 26-50
VP Business Development
No 175 0 50 225 250 0.93% 2002 Enterprise Software SF
andBayServices
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 15-25M 51-100
VP Business Development
No 145 0 70 215 678 0.57% 1998 Enterprise Software SF
andBayServices
Area/Silicon
SeriesValley/No.
F or10-20M
aboveCal Shipping 50 - 75M 100-200
VP Business Development
No 300 165 0 465 640 1.44% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
B >40MCal Profitable 25-50M >200
VP Business Development
No 160 0 40 200 80 0.20% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
VP Business Development
No 180 40 0 220 250 0.80% 2005 Communications Software
Northeast
and Services
Series B 0-2M Product Development
5-15M 26-50
VP Business Development
No 185 0 115 300 286 0.79% 2003 Enterprise Software Northeast
and Services Series D 0-2M Shipping 25-50M 51-100
VP Business Development
No 170 0 0 170 800 1.00% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 10-25
VP Business Development
No 200 0 0 200 200 4.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
2-5M 10-25
VP Business Development
No 175 0 0 175 314 0.54% 2001 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 25-50M 26-50
VP Business Development
No 185 0 0 185 275 0.95% 2006 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 10-25
VP Business Development
No 180 0 110 290 625 1.50% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 25-50M 26-50
VP Business Development
No 195 0 0 195 950 0.74% 2002 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping Over 100M >200
VP Business Development
No 150 0 0 150 757 4.96% 2001 Other - Specify in comments
Northeast Series B 0-2M Product in Beta 15-25M 26-50
VP Business Development
No 185 0 65 250 800 1.48% 2002 Consumer Services Northwest Series B 2-10M Shipping 15-25M 51-100
VP Business Development
No 185 0 50 235 600 1.13% 2004 Enterprise Software SF
andBayServices
Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 15-25M 26-50
VP Business Development
No 120 0 50 170 50 0.24% 2006 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
A 0-2M Cal Shipping 5-15M 10-25
VP Business Development
No 175 0 0 175 175 3.09% 2005 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
15-25M 10-25
VP Business Development
No 225 0 56 281 706 1.23% 1999 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
E 0-2M Cal Shipping 50 - 75M 26-50
VP Business Development
No 160 0 150 310 700 0.92% 2003 Consumer Services Northwest Series C 2-10M Shipping 15-25M 26-50
VP Business Development
No 130 0 0 130 1150 3.28% 2004 Internet/eCommerceNorthwest
Software and Series
Services
B Pre Product in Beta 5-15M 10-25
VP Business Development
No 160 0 48 208 454 1.88% 1999 Internet/eCommerceSouthern
SoftwareCal
and Series
Services
B Pre Early/Product Definition
5-15M 26-50
VP Business Development
No 150 0 100 250 1769 0.96% 2002 Enterprise Software Northeast
and Services Series D 2-10M Shipping 25-50M 51-100
VP Business Development
No 180 0 0 180 0 0.00% 2006 Communications Software
SF BayandArea/Silicon
Services
SeriesValley/No.
A 0-2M Cal Product Development
5-15M 26-50

Page 45 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Business Development Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Business Development
No 150 0 0 150 300 0.15% 2003 Internet/eCommerceSF Software
Bay Area/Silicon
and Series
Services
Valley/No.
D 20- 40M Cal Shipping 25-50M 26-50
VP Business Development
No 150 0 0 150 300 1.67% 2006 Consumer Services Southern Cal Series A 0-2M Shipping 2-5M 10-25
VP Business Development
No 150 0 0 150 0.5 0.01% 2007 Other - Specify in comments
Europe Series A 0-2M Shipping 5-15M 26-50
VP Business Development
No 120 0 72 192 100 0.14% 1993 Enterprise Software Northeast
and Services Series A >40M Profitable 15-25M >200
VP Business Development
No 136 0 34 170 425 0.95% 2005 Communicatoins Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B Pre Cal Shipping 5-15M 51-100
VP Business Development
No 160 10 30 200 640 1.01% 1998 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Product in Beta 75-100M 10-25
VP Business Development
No 190 38 75 303 399 1.78% 2005 Communications Software
Northeast
and Services
Series B Pre Product Development
5-15M 10-25
VP Business Development
No 170 0 0 170 97 0.85% 1999 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
D 2-10MCal Shipping 50 - 75M 26-50
VP Business Development
No 160 0 0 160 454 1.50% 2006 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 10-25
VP Business Development
No 200 0 60 260 431 1.87% 2004 Internet/eCommerceNortheast
Software and Series
Services
C >40M Product Development
25-50M 26-50
VP Business Development
No 175 0 20 195 255 1.13% 2000 Communications Equipment
Northeast Series B 0-2M Product in Beta 50 - 75M 51-100
VP Business Development
No 160 0 160 320 200 0.71% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
VP Business Development
No 160 0 80 240 153 0.99% 1993 Internet/eCommerceSoutheast
Software and Series
Services
B >40M Shipping 15-25M >200
VP Business Development
No 175 0 75 250 362 1.35% 2004 Internet/eCommerceNortheast
Software and Series
Services
C 10-20M Shipping 75-100M 100-200
VP Business Development
No 189 0 0 189 1012 1.08% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Product Development
25-50M 51-100
VP Business Development
No & Marketing
200 0 0 200 250 0.16% 2005 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
D >40MCal Profitable 25-50M 100-200
VP Business Dev't and Product
No Planning
155 0 31 186 177 1.42% 2005 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 10-25
VP Marketing and Business
No Development
185 0 40 225 4680 4.00% 2001 Communications Software
Northeast
and Services
Series F or2-10M
above Shipping 25-50M 51-100

Page 46 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Marketing Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of WW Marketing Yes 200 0 0 200 967 2.09% 2004 Communications Software
SF Bay
and
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 15-25M 10-25
VP of WW Marketing Yes 175 0 0 175 300 0.84% 2001 Communications Software
Southeast
and Services
Series B Pre Shipping 15-25M 26-50
VP of WW Marketing Yes 135 0 0 135 819 5.46% 2005 Enterprise Software and
Southwest
Services Series B 0-2M Shipping 5-15M 26-50
VP of WW Marketing Yes 195 0 24 219 1000 2.47% 2004 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 51-100
VP of WW Marketing Yes 204 0 0 204 1600 2.81% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 75-100M 51-100
VP of WW Marketing Yes 175 0 0 175 350 4.00% 2004 Internet/eCommerce Software
Northeastand Services
Series B 2-10M Shipping 5-15M 10-25
VP of WW Marketing Yes 114 0 0 114 294 4.07% 2001 Communications Software
Israeland Services
Series B 0-2M Shipping 5-15M 26-50
VP of WW Marketing Yes 150 0 30 180 1125 4.50% 2006 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 1-9
VP of WW Marketing Yes 96 0 0 96 825 5.45% 2003 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 2-5M 1-9
VP of WW Marketing Yes 175 0 40 215 1030 0.87% 1998 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
F or10-20M
above
Cal Shipping 50 - 75M 100-200
CMO No 180 0 60 240 249 0.62% 2000 Communications Software
Northeast
and Services
Series D >40M Shipping 25-50M >200
CMO No 220 0 55 275 275 0.62% 2005 Communicatoins Software
SF Bayand
Area/Silicon
Services
Series
Valley/No.
B Pre Cal Shipping 5-15M 51-100
CMO No 300 0 300 600 1250 1.25% 1998 Internet/eCommerce Software
Northeastand Services
Series E 10-20M Shipping 15-25M 51-100
VP Marketing No 150 0 0 150 741 0.81% 2000 Enterprise Software and
Mountain
Services Series B 0-2M Shipping 25-50M 26-50
VP Marketing No 200 0 0 200 75 0.75% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 51-100
VP of Marketing No 175 0 0 175 8 0.22% 1999 Enterprise Software and
Northeast
Services Series C 2-10M Shipping 25-50M 51-100
VP of Marketing No 175 0 40 215 100 0.40% 1998 Enterprise Software and
Northeast
Services Series C 10-20M Shipping 25-50M 100-200
VP of WW Marketing No 175 0 0 175 160 0.59% 2004 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
B 2-10M Cal Product in Beta 15-25M 51-100
VP of WW Marketing No 165 0 0 165 35 0.24% 2005 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP of WW Marketing No 190 0 30 220 400 1.33% 2006 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
A 0-2MCal Shipping 5-15M 10-25
VP of WW Marketing No 175 0 30 205 140 0.74% 2004 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 10-25
VP of WW Marketing No 200 0 0 200 419 0.94% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP of WW Marketing No 180 0 30 210 203 0.66% 2004 Enterprise Software and
Northeast
Services Series C 0-2M Shipping 2-5M 51-100
VP of WW Marketing No 180 0 30 210 61 1.55% 1996 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 10-25
VP of WW Marketing No 250 0 50 300 120 2.29% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 2-5M 26-50
VP of WW Marketing No 150 0 0 150 750 1.11% 2005 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP of WW Marketing No 225 0 50 275 441 3.00% 1998 Enterprise Software and
Northeast
Services Series A 0-2M Shipping 5-15M 10-25
VP of WW Marketing No 190 0 25 215 200 1.18% 2005 Communications Software
SF Bay
and
Area/Silicon
Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 10-25
VP of WW Marketing No 150 0 23 173 538 1.00% 2001 Internet/eCommerce Software
Southern and
Cal Services
Series C 10-20M Shipping 15-25M 51-100
VP of WW Marketing No 147 0 63 210 755 1.41% 2001 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 100-200
VP of WW Marketing No 190 0 67 257 487 0.46% 1999 Computer Systems and SFPeripherals
Bay Area/Silicon
Series
Valley/No.
D >40M Cal Shipping 75-100M >200
VP of WW Marketing No 190 0 48 238 510 0.73% 1999 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
D 20- 40M
Cal Shipping 25-50M 100-200
VP of WW Marketing No 180 0 72 252 543 1.30% 2002 Enterprise Software and
Northeast
Services Series C 10-20M Shipping 15-25M 100-200
VP of WW Marketing No 140 0 0 140 510 1.02% 1999 Enterprise Software and
Southwest
Services Series B 2-10M Shipping 25-50M 26-50
VP of WW Marketing No 185 0 150 335 600 0.60% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Profitable 25-50M 100-200
VP of WW Marketing No 175 0 50 225 1000 0.93% 2001 Enterprise Software and
Southwest
Services Series D 10-20M Shipping 25-50M 51-100
VP of WW Marketing No 180 0 25 205 1430 0.68% 1999 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 25-50M 100-200
VP of WW Marketing No 242 0 48 290 350 0.86% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C Pre Cal Product Development
75-100M 51-100
VP of WW Marketing No 140 21 25 186 186 0.81% 2004 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP of WW Marketing No 200 0 50 250 690 1.25% 2004 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 25-50M 51-100
VP of WW Marketing No 200 0 30 230 590 0.59% 2001 Communications Software
SF Bay
and
Area/Silicon
Services
Series
Valley/No.
C 2-10M Cal Shipping 50 - 75M 51-100
VP of WW Marketing No 250 50 0 300 1800 1.30% 2005 Communications Software
SF Bay
and
Area/Silicon
Services
Series
Valley/No.
B 0-2MCal Shipping 15-25M 51-100
VP of WW Marketing No 200 0 84 284 240 0.37% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
A >40M Cal Profitable 5-15M >200
VP of WW Marketing No 300 0 100 400 656 3.07% 1999 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
C 10-20MCal Restart 25-50M 26-50
VP of WW Marketing No 170 0 0 170 300 1.48% 2006 Enterprise Software and
Southern
Services
Cal Series A 0-2M Shipping 5-15M 26-50
VP of WW Marketing No 200 0 30 230 584 1.35% 2001 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 25-50M 26-50
VP of WW Marketing No 200 0 60 260 1125 0.78% 1998 Enterprise Software and
Southern
Services
Cal Series E 2-10M Shipping 25-50M 51-100
VP of WW Marketing No 150 0 0 150 300 0.74% 2005 Computer Systems and Northeast
Peripherals Series B Pre Shipping 25-50M 51-100
VP of WW Marketing No 209 0 32 241 335 1.29% 2004 Consumer Services SF Bay Area/Silicon Series
Valley/No.
B 0-2MCal Product in Beta 5-15M 26-50
VP of WW Marketing No 180 0 45 225 290 0.50% 2000 Communication SoftwareNortheast
and ServicesSeries B 20- 40M Profitable 25-50M 100-200

Page 47 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Marketing Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of WW Marketing No 175 0 30 205 190 1.20% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 5-15M 26-50
VP of WW Marketing No 200 0 0 200 300 1.11% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 15-25M 51-100
VP of WW Marketing No 179 30 0 209 274 0.87% 2005 Communications Software
Northeast
and Services
Series B 0-2M Product Development
5-15M 26-50
VP of WW Marketing No 180 0 45 225 359 1.00% 2003 Enterprise Software and
Northeast
Services Series D 0-2M Shipping 25-50M 51-100
VP of WW Marketing No 190 0 0 190 480 0.83% 2001 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
VP of WW Marketing No 200 0 0 200 1000 0.78% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping Over 100M >200
VP of WW Marketing No 180 0 0 180 538 1.00% 2002 Consumer Services Northwest Series B 2-10M Shipping 15-25M 51-100
VP of WW Marketing No 144 0 28 172 100 0.35% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
VP of WW Marketing No 200 0 80 280 248 1.60% 1993 Internet/eCommerce Software
Southeastand Services
Series B >40M Shipping 15-25M >200
VP of WW Marketing No 175 0 35 210 328 1.23% 2004 Internet/eCommerce Software
Northeastand Services
Series C 10-20M Shipping 75-100M 100-200
VP of WW Marketing No 180 0 0 180 700 0.75% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B 0-2MCal Product Development
25-50M 51-100
VP of WW Marketing No 189 0 50 239 905 0.58% 1999 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C >40M Cal Profitable 50 - 75M 100-200
VP of WW Marketing No 170 0 60 230 150 0.28% 2000 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP of WW Marketing No 100 0 0 100 20 0.14% 2003 Other - Specify in comments
Northeast Series A 0-2M Product in Beta 2-5M 10-25
VP of WW Marketing No 160 0 0 160 105 0.98% 2001 Enterprise Software and
Northeast
Services Series D 10-20M Shipping 25-50M 51-100
VP of WW Marketing No 191 0 44 235 316 0.83% 1997 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
VP of WW Marketing No 150 0 0 150 475 0.68% 2001 Communications Software
Southwest
and Services
Series B 2-10M Shipping 25-50M 26-50
VP of WW Marketing No 200 0 130 330 4250 2.24% 1998 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
E 20- 40M
Cal Profitable 50 - 75M 100-200
VP of WW Marketing No 195 0 68 263 1900 1.91% 1999 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 5-15M 51-100
VP of WW Marketing No 154 0 44 198 425 0.55% 2000 Enterprise Software and
Canada
Services Series C 20- 40M Shipping 25-50M >200
VP of WW Marketing No 185 0 46 231 600 0.95% 1993 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
VP of WW Marketing No 158 0 25 183 220 0.16% 2002 Enterprise Software and
Southwest
Services Series B 2-10M Shipping 15-25M 26-50
VP of WW Marketing No 210 0 65 275 5000 0.86% 1999 Computer Systems and SFPeripherals
Bay Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping Over 100M 100-200
VP of WW Marketing No 257 0 77 334 330 1.50% 2001 Enterprise Software and
Europe
Services Series C >40M Shipping 15-25M >200
VP of WW Marketing No 155 0 20 175 187 0.75% 2004 Computer Systems and Northeast
Peripherals Series B 2-10M Shipping 15-25M 26-50
VP of WW Marketing No 200 0 50 250 355 0.80% 1993 Enterprise Software and
Northeast
Services Series A 2-10M Restart 25-50M 51-100
VP of WW Marketing No 185 0 40 225 40 0.23% 1998 Enterprise Software and
Northwest
Services Series C 20- 40M Profitable 25-50M 51-100
VP of WW Marketing No 175 0 82 257 750 1.08% 1998 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
F or2-10M
above
Cal Shipping 50 - 75M 51-100
VP of WW Marketing No 175 0 75 250 450 1.40% 1996 Financial Services SF Bay Area/Silicon
Series
Valley/No.
F or>40M
above
Cal Shipping Over 100M >200
VP of WW Marketing No 175 0 0 175 1000 1.18% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 75-100M 100-200
VP of WW Marketing No 170 0 30 200 280 1.54% 1990 Enterprise Software and
Northeast
Services Series A 20- 40M Profitable 5-15M 100-200
VP of WW Marketing No 220 0 40 260 250 0.68% 1997 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
F or20-
above
40M
Cal Shipping 50 - 75M 100-200
VP of WW Marketing No 200 0 30 230 400 2.00% 2003 Internet/eCommerce Software
Southwestand Services
Series B 2-10M Shipping 15-25M 26-50
VP of WW Marketing No 200 0 80 280 1400 1.02% 1997 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
A 10-20MCal Shipping 75-100M 100-200
VP of WW Marketing No 150 0 0 150 145 0.73% 2003 Enterprise Software and
Northeast
Services Series B 2-10M Product in Beta 5-15M 26-50
VP of WW Marketing No 173 0 21 194 300 0.43% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100
VP of WW Marketing No 175 0 0 175 353 0.76% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 26-50
VP of WW Marketing No 155 0 0 155 335 0.73% 2002 Computer Systems and Northeast
Peripherals Series B Pre Product in Beta 25-50M 51-100
VP of WW Marketing No 200 0 30 230 360 1.50% 2006 Semiconductor Northeast Series B Pre Product in Beta 5-15M 26-50
VP of WW Marketing No 160 0 18 178 412 1.23% 2004 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 5-15M 26-50
VP of WW Marketing No 200 0 0 200 2000 1.19% 2000 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
D 20- 40M
Cal Shipping 50 - 75M 51-100
VP of WW Marketing No 200 0 0 200 470 0.92% 2001 Semiconductor Southern Cal Series C 2-10M Product Development
25-50M 51-100
VP of WW Marketing No 93 0 15 108 62 0.19% 1999 Consumer Services Northeast Series B 2-10M Profitable 5-15M 51-100
VP of WW Marketing No 180 0 35 215 600 0.58% 2005 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
C Pre Cal Product Development
25-50M 51-100
VP of WW Marketing No 195 0 50 245 266 0.44% 2000 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
E 20- 40M
Cal Shipping 75-100M 100-200
VP of WW Marketing No 215 0 60 275 1380 1.25% 1998 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
C 10-20MCal Shipping 75-100M >200
VP of WW Marketing No 170 0 50 220 196 0.93% 1996 Enterprise Software and
Northeast
Services Series A 2-10M Shipping 25-50M 26-50
VP of WW Marketing No 200 100 25 325 180 1.58% 2003 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
25-50M 26-50
VP of WW Marketing No 315 0 99 414 667 0.94% 1999 Internet/eCommerce Software
Europe and Services
Series B 20- 40M Shipping 15-25M >200
VP of WW Marketing No 110 0 2 112 340 0.46% 2001 Enterprise Software and
Northeast
Services Series E >40M Shipping 50 - 75M >200
VP of WW Marketing No 160 0 0 160 1500 2.50% 2006 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta 5-15M 10-25
VP of WW Marketing No 225 0 50 275 450 1.15% 1999 Other - Specify in comments
Northeast Series E >40M Profitable 25-50M >200

Page 48 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Marketing Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of WW Marketing No 180 0 45 225 800 1.66% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
B 0-2MCal Shipping 15-25M 26-50
VP of WW Marketing No 190 0 38 228 800 0.80% 2002 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 26-50
VP of WW Marketing No 160 0 40 200 332 1.04% 2001 Enterprise Software and
Northeast
Services Series C 2-10M Shipping 15-25M 26-50
VP of WW Marketing No 190 0 0 190 660 0.97% 2002 Communications Software
SF Bay
and
Area/Silicon
Services
Series
Valley/No.
E 10-20MCal Shipping 15-25M 51-100
VP of WW Marketing No 190 0 20 210 295 1.43% 2003 Semiconductor SF Bay Area/Silicon
Series
Valley/No.
B Pre Cal Product Development
15-25M 51-100
VP of WW Marketing No 200 0 120 320 450 0.69% 2000 Communications Software
SF Bay
and
Area/Silicon
Services
Series
Valley/No.
C 20- 40M
Cal Shipping 50 - 75M 100-200
VP of WW Marketing No 190 0 0 190 870 1.28% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 15-25M 26-50
VP of WW Marketing No 180 0 0 180 400 0.17% 2004 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
C 2-10M Cal Shipping 25-50M 51-100
VP of WW Marketing No 185 0 28 213 1400 0.76% 2000 Enterprise Software and
Northeast
Services Series D 10-20M Shipping 25-50M 51-100
VP of WW Marketing No 175 0 25 200 10759 3.00% 2001 Enterprise Software and
Northwest
Services Series D 0-2M Shipping 15-25M 10-25
VP of WW Marketing No 160 0 67 227 200 0.16% 1999 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP of WW Marketing No 155 0 39 194 784 1.01% 2001 Enterprise Software and
Northwest
Services Series B 2-10M Shipping 25-50M 26-50
VP of WW Marketing No 180 0 36 216 260 0.71% 2000 Communications Equipment
Southern Cal Series C 20- 40M Profitable 25-50M 100-200
VP of WW Marketing No 200 0 24 224 4567 1.67% 2001 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 15-25M 26-50
VP of WW Marketing No 115 0 0 115 100 0.33% 1999 Other - Specify in comments
SF Bay Area/Silicon
Series
Valley/No.
B 20- 40M
Cal Profitable 15-25M >200
VP of WW Marketing No 220 0 20 240 818 1.82% 2005 Communications Equipment
SF Bay Area/Silicon
Series
Valley/No.
B 2-10M Cal Shipping 25-50M 51-100
VP of WW Marketing No 250 0 75 325 355 1.54% 1997 Other - Specify in comments
Southern Cal Series B >40M Profitable 5-15M >200
VP of WW Marketing No 175 0 50 225 300 1.05% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 26-50
VP of WW Marketing No 170 0 52 222 220 0.77% 2001 Enterprise Software and
Northeast
Services Series E 0-2M Shipping 75-100M 51-100
VP of WW Marketing No 200 0 0 200 386 1.21% 2001 Communications Software
Northeast
and Services
Series B 2-10M Shipping 25-50M 51-100
VP of WW Marketing No 160 0 40 200 288 0.46% 2000 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 2-10M Cal Shipping 25-50M 51-100
VP of WW Marketing No 185 0 50 235 2221 1.38% 2000 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
D 10-20MCal Shipping 50 - 75M 51-100
VP of WW Marketing No 200 0 0 200 600 2.14% 2006 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
A Pre Cal Product in Beta 5-15M 26-50
VP of WW Marketing No 180 30 0 210 330 0.44% 1996 Communications Software
SF Bay
and
Area/Silicon
Services
Series
Valley/No.
D 10-20MCal Shipping 25-50M 51-100
VP of WW Marketing No 200 0 0 200 911 4.06% 2005 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
B Pre Cal Product in Beta 5-15M 10-25
VP of WW Marketing No 185 0 0 185 530 1.10% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
Series
Valley/No.
C 0-2MCal Shipping 25-50M 51-100
VP of WW Marketing No 115 0 0 115 390 1.63% 2006 Enterprise Software and
Northeast
Services Series A Pre Shipping 2-5M 10-25
VP of WW Marketing No 170 0 51 221 265 1.25% 2006 Enterprise Software and
Northeast
Services Series B 0-2M Shipping 15-25M 26-50
VP of WW Marketing No 160 0 48 208 335 0.99% 2000 Semiconductor Northeast Series C 2-10M Shipping 50 - 75M 51-100
VP of WW Marketing No 180 0 20 200 140 2.34% 1999 Internet/eCommerce Software
SF Bay Area/Silicon
and Services
Series
Valley/No.
D >40M Cal Shipping Over 100M >200

Page 49 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Product Management and Product Marketing Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of Product Management
Yes 135 25 25 185 105 0.49% 2005 Financial Services SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 51-100
VP of Product Management
Yes 225 0 140 365 2040 3.04% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
VP of Product Management
Yes 136 0 34 170 2000 4.48% 2005 Communicatoins Software
SF Bay
and Area/Silicon
Services
SeriesValley/No.
B Pre Cal Shipping 5-15M 51-100
VP of Product Management
Yes 200 0 0 200 2554 5.39% 2001 Communications Software
SF Bay
and Area/Silicon
Services
SeriesValley/No.
B 20- 40M Cal Shipping 25-50M >200
VP of Product Management
Yes 150 0 20 170 558 2.71% 2002 Communications Equipment
Southwest Series B 2-10M Shipping 15-25M 26-50
VP of Product Management
Yes 180 0 0 180 1379 12.10% 2006 Communications Software
Southwest
and Services
Series A Pre Product Development
5-15M 10-25
VP of Product Management
Yes 150 0 0 150 1200 12.00% 2007 Other - Specify in comments
Southern Cal Series A 0-2M Early/Product Definition
2-5M 1-9
VP of Product Management
Yes 165 0 35 200 165 0.97% 2002 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 15-25M 26-50
VP of Product Management
Yes 180 0 50 230 960 1.81% 2004 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 15-25M 26-50
VP of Product Management
Yes 167 0 28 195 275 1.23% 2003 Communications Equipment
Northeast Series C 10-20M Shipping 25-50M 51-100
VP of Product MarketingYes 180 0 63 243 1100 3.88% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
VP of Product MarketingYes 167 0 28 195 385 1.72% 2003 Communications Equipment
Northeast Series C 10-20M Shipping 25-50M 51-100
VP of Product MarketingYes 180 0 0 180 1800 4.99% 2003 Semiconductor Northwest Series B Pre Early/Product Definition
15-25M 26-50
VP, Product Marketing No 150 0 28 178 1000 1.00% 1998 Internet/eCommerce Software
Northeast
and Services
Series E 10-20M Shipping 15-25M 51-100
VP, Product Management
No 177 0 0 177 350 1.02% 2000 Internet/eCommerce Software
Northeast
and Services
Series D 0-2M Shipping 15-25M 10-25
VP, Product Management
No 180 0 0 180 3480 1.26% 1998 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C 20- 40M Cal Profitable 75-100M >200
VP, Product Management
No 190 0 50 240 229 0.56% 2003 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C 20- 40M Cal Profitable 5-15M 100-200
VP, Product Line Management
No 198 0 50 248 277 0.46% 2000 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 75-100M 100-200
VP, Product Line Management
No 198 0 50 248 277 0.46% 2000 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 75-100M 100-200
VP, Product Development
No 150 0 15 165 50 0.21% 2000 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
B 20- 40M Cal Shipping 5-15M 26-50
VP Product Marketing No 180 0 45 225 176 0.30% 2000 Communication Software
Northeast
and ServicesSeries B 20- 40M Profitable 25-50M 100-200
VP Product ManagementNo 175 0 25 200 100 0.26% 2000 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
E >40MCal Profitable 50 - 75M 100-200
VP Product ManagementNo 215 0 70 285 400 0.52% 2000 Enterprise Software andCanada
Services Series C 20- 40M Shipping 25-50M >200
VP Product ManagementNo 188 0 28 216 255 0.71% 2004 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C 2-10MCal Shipping 15-25M 26-50
VP Product ManagementNo 200 0 20 220 254 1.50% 2005 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
C Pre Cal Product Development
15-25M 10-25
VP Product ManagementNo 130 0 0 130 604 0.93% 2003 Communications SoftwareIsrael
and Services
Series B 0-2M Shipping 15-25M 51-100
VP Product ManagementNo 180 0 63 243 1250 1.26% 1999 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 5-15M 51-100
VP Product ManagementNo 150 0 30 180 114 1.18% 2002 Internet/eCommerce Software
Southwest
and Services
Series D 2-10M Shipping 15-25M 51-100
VP of Product MarketingNo 170 0 40 210 520 0.95% 2004 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
B 2-10MCal Shipping 5-15M 10-25
VP of Product ManagmentNo 175 0 25 200 664 1.50% 2004 Internet/eCommerce Software
Southern
andCal
Services
Series C 0-2M Shipping 15-25M 26-50
VP of Product Management
No 175 0 40 215 300 0.70% 2006 Enterprise Software andNortheast
Services Series A 0-2M Shipping 15-25M 10-25
VP of Product Management
No 175 0 0 175 150 0.58% 2004 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP of Product Management
No 190 0 80 270 200 1.00% 1999 Internet/eCommerce Software
Southern
andCal
Services
Series D >40M Profitable 25-50M >200
VP of Product Management
No 175 0 30 205 150 0.59% 2003 Communications SoftwareSF Bay
and Area/Silicon
Services
SeriesValley/No.
C 10-20M Cal Shipping 25-50M 51-100
VP of Product Management
No 150 0 0 150 200 0.49% 1999 Enterprise Software andSouthwest
Services Series D 2-10M Shipping 25-50M 26-50
VP of Product Management
No 180 0 50 230 375 0.81% 2004 Internet/eCommerce Software
Northeast
and Services
Series B 2-10M Shipping 25-50M 100-200
VP of Product Management
No 175 0 0 175 741 0.81% 2000 Enterprise Software andMountain
Services Series B 0-2M Shipping 25-50M 26-50
VP of Product Management
No 200 0 0 200 300 1.03% 2006 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 10-25
VP of Product Management
No 215 0 0 215 553 0.94% 2004 Communications SoftwareSF Bay
and Area/Silicon
Services
SeriesValley/No.
E 10-20M Cal Shipping 25-50M 51-100
VP of Product Management
No 180 0 40 220 135 0.75% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
VP of Product Management
No 135 0 0 135 123 4.32% 2005 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
A 0-2M Cal Product in Beta 2-5M 10-25
VP of Product Management
No 145 0 0 145 98 0.53% 2001 Internet/eCommerce Software
Southern
andCal
Services
Series A 10-20M Shipping 5-15M 26-50
VP of Product Management
No 150 0 0 150 150 0.88% 2004 Communications Equipment
Central Series B 0-2M Product in Beta 15-25M 10-25
VP of Product Management
No 225 0 0 225 250 0.67% 2004 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
5-15M 26-50
VP of Product Management
No 155 0 22 177 136 0.68% 2005 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C 2-10MCal Shipping 15-25M 26-50
VP of Product Management
No 127 0 38 165 360 1.18% 2003 Communications SoftwareSF Bay
and Area/Silicon
Services
SeriesValley/No.
C 10-20M Cal Shipping 25-50M >200
VP of Product Management
No 175 0 0 175 450 1.04% 2006 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 51-100
VP of Product Management
No 150 0 15 165 175 0.62% 2001 Other - Specify in comments
Northeast Series B 2-10M Shipping 25-50M 51-100
VP of Product Management
No 90 0 0 90 90 0.35% 2004 Communications SoftwareIsrael
and Services
Series B Pre Product in Beta 5-15M 10-25
VP of Product Management
No 80 0 0 80 35 0.30% 2005 Communications SoftwareEurope
and Services
Series A 0-2M Shipping 5-15M 1-9
VP of Product Management
No 180 0 0 180 120 0.63% 2005 Internet/eCommerce Software
Northeast
and Services
Series A 0-2M Shipping 5-15M 26-50
VP of Product Management
No 155 0 30 185 1521 1.30% 2001 Communications SoftwareNortheast
and Services
Series F or2-10M
above Shipping 25-50M 51-100
VP of Product Management
No 135 0 27 162 277 1.37% 2002 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
B 2-10MCal Shipping 15-25M 26-50
VP of Product Management
No 70 0 0 70 170 0.57% 1996 Consumer Services Israel Series B 0-2M Product in Beta 5-15M 26-50

Page 50 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Product Management and Product Marketing Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of Product Management
No 100 0 0 100 250 1.00% 2005 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
B 0-2M Cal Product in Beta 2-5M 10-25
VP of Product Management
No 140 0 28 168 113 0.52% 2001 Enterprise Software andMountain
Services Series B 2-10M Shipping 15-25M 51-100
VP of Product Management
No 200 0 75 275 1462 1.06% 1997 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
A 10-20M Cal Shipping 75-100M 100-200
VP of Product Management
No 180 0 36 216 600 1.33% 2005 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 25-50M 51-100
VP of Product Management
No 130 0 30 160 100 0.09% 2005 Internet/eCommerce Software
Other -and
Specify
Services
Series
in comments
A 2-10M Shipping 5-15M 51-100
VP of Product Management
No 115 0 0 115 504 2.10% 2006 Enterprise Software andNortheast
Services Series A Pre Shipping 2-5M 10-25
VP of Product Management
No 150 0 20 170 552 0.66% 2001 Enterprise Software andNortheast
Services Series D 2-10M Shipping 15-25M 51-100
VP of Product Management
No 94 0 30 124 99 0.29% 1996 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
F or10-20M
aboveCal Shipping 25-50M 100-200
VP of Product Management
No 150 0 0 150 800 1.18% 2005 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 5-15M 26-50
VP of Product Management
No 171 0 0 171 2475 1.09% 1999 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
D 20- 40M Cal Profitable 25-50M 51-100
VP of Product Management
No 200 0 50 250 600 0.58% 2005 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C Pre Cal Product Development
25-50M 51-100
VP of Product MarketingNo 160 0 50 210 243 1.09% 2003 Enterprise Software andNortheast
Services Series C 2-10M Shipping 25-50M 51-100
VP of Product MarketingNo 220 0 80 300 480 0.87% 2000 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C 20- 40M Cal Profitable 5-15M 100-200
VP of Product MarketingNo 184 0 55 239 280 0.18% 1996 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Profitable 75-100M >200
VP of Product MarketingNo 120 0 10 130 200 0.67% 2003 Internet/eCommerce Software
Southwest
and Services
Series B 2-10M Shipping 5-15M 10-25
VP of Product MarketingNo 185 0 0 185 350 1.67% 2007 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 10-25
VP of Product MarketingNo 225 0 50 275 740 1.50% 2004 Computer Systems and SF
Peripherals
Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 25-50M 51-100
VP of Product MarketingNo 172 0 40 212 306 0.19% 2000 Computer Systems and Northwest
Peripherals Series F or>40M
above Shipping Over 100M >200
VP of Product MarketingNo 200 0 40 240 750 0.33% 2002 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C >40MCal Shipping Over 100M >200
VP of Product MarketingNo 204 0 51 255 1088 1.02% 1998 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
A >40MCal Profitable 50 - 75M >200
VP of Product MarketingNo 165 0 5 170 209 1.49% 2005 Enterprise Software andIsrael
Services Series A Pre Product in Beta 5-15M 26-50
VP of Product MarketingNo 165 0 41 206 2131 0.91% 1998 Semiconductor Northeast Series C 2-10M Product in Beta 75-100M 51-100
VP of Product MarketingNo 185 0 37 222 275 1.10% 2003 Communications Software
SF Bay
and Area/Silicon
Services
SeriesValley/No.
C 2-10MCal Shipping 25-50M 26-50
VP of Product MarketingNo 185 0 25 210 300 0.22% 2005 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 10-25
VP of Product MarketingNo 130 0 0 130 604 0.93% 2003 Communications Software
Israel
and Services
Series B 0-2M Shipping 15-25M 51-100
VP of Product MarketingNo 175 0 0 175 800 1.00% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 10-25
VP of Product MarketingNo 160 0 0 160 90 0.43% 2006 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
A 0-2M Cal Shipping 5-15M 10-25
VP of Product MarketingNo 175 0 25 200 500 0.66% 2003 Consumer Services Northwest Series C 2-10M Shipping 15-25M 26-50
VP of Product MarketingNo 165 0 104 269 722 1.00% 1993 Enterprise Software andNortheast
Services Series A >40M Profitable 15-25M >200
VP of Product MarketingNo 170 0 35 205 225 1.00% 2000 Communications Equipment
Northeast Series B 0-2M Product in Beta 50 - 75M 51-100
VP of Product MarketingNo 190 0 50 240 453 0.87% 2000 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 50 - 75M 100-200
VP of Product MarketingNo 195 0 0 195 460 0.72% 2000 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Shipping 75-100M 51-100
VP of Product MarketingNo 225 0 127 352 750 1.76% 1999 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
C 10-20M Cal Shipping Over 100M 100-200
VP of Product MarketingNo 191 0 0 191 1400 0.61% 1999 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
D 20- 40M Cal Profitable 25-50M 51-100
VP of Product MarketingNo 190 0 60 250 2100 1.05% 2000 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
F or10-20M
aboveCal Shipping 25-50M 51-100
VP of Product MarketingNo 200 0 20 220 200 0.40% 2003 Enterprise Software andSF
Services
Bay Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 25-50M 51-100
VP of Product MarketingNo 135 0 25 160 130 0.24% 2000 Enterprise Software andNortheast
Services Series D 2-10M Shipping 5-15M 51-100
VP of Product MarketingNo 200 0 100 300 512 0.54% 2002 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 50 - 75M 51-100
VP of Product MarketingNo 125 0 25 150 230 0.75% 1999 Financial Services Southeast Series B 2-10M Shipping 15-25M 51-100
VP of Product MarketingNo 180 0 0 180 388 0.29% 2000 Semiconductor Northwest Series E 20- 40M Shipping 75-100M 100-200
VP of Product MarketingNo 189 0 47 236 1766 1.29% 1999 Communications Equipment
Southeast Series C 10-20M Shipping 75-100M 51-100
VP of Product MarketingNo 155 0 5 160 150 0.47% 2003 Semiconductor Other - SpecifySeries
in comments
C 0-2M Shipping 25-50M 26-50
VP of Product MarketingNo 115 0 29 144 292 0.59% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
VP of Product MarketingNo 140 0 40 180 194 1.01% 2005 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C 2-10MCal Shipping 5-15M 51-100
VP of Product MarketingNo 120 0 0 120 20 0.02% 2003 Other - Specify in comments
Central Series B 2-10M Shipping 5-15M 100-200
VP of Product MarketingNo 120 0 0 120 120 0.52% 2004 Internet/eCommerce Software
Southern
and
Cal
Services
Series B 2-10M Shipping 5-15M 26-50
VP of Product MarketingNo 180 0 45 225 750 1.09% 2003 Enterprise Software andNortheast
Services Series D 2-10M Shipping 25-50M 51-100
VP of Product MarketingNo 130 0 0 130 350 0.85% 2005 Internet/eCommerce Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
B 0-2M Cal Shipping 2-5M 10-25
VP of Product MarketingNo 183 0 37 220 22 1.24% 1999 Consumer Services Europe Series B 0-2M Shipping 15-25M 26-50
VP of Product MarketingNo 180 40 0 220 325 0.74% 2005 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
15-25M 26-50
SVP - Product Development
No 215 0 0 215 605 1.19% 2001 Semiconductor Southern Cal Series C 2-10M Product Development
25-50M 51-100

Page 51 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Marketing Communications Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP of Marketing Communications
Yes 125 0 15 140 141 1.16% 1999 Internet/eCommerceCentral
Software andSeries
Services
D 2-10M Shipping 25-50M 51-100
VP of Marketing Communications
Yes 150 0 0 150 1825 7.82% 2006 Internet/eCommerceNortheast
Software andSeries
Services
A 0-2M Shipping 5-15M 26-50
VP of Marketing Communications
Yes 98 0 20 118 2300 0.98% 2004 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 5-15M 51-100
VP of Marketing Communications
No 170 0 75 245 350 0.64% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
VP of Marketing Communications
No 142 0 71 213 165 0.32% 1998 Enterprise SoftwareSouthwest
and Services Series E 0-2M Shipping 25-50M 26-50
VP of Marketing Communications
No 195 0 0 195 284 1.14% 2004 Computer Systems and Southwest
PeripheralsSeries B 0-2M Shipping 15-25M 26-50
VP of Marketing Communications
No 210 0 42 252 23 0.29% 2004 Communications Software
Europeand Services
Series B Pre Product Development
25-50M 51-100
VP of Marketing Communications
No 188 0 28 216 160 0.44% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
andSeries
Services
Valley/No.
C 2-10MCal Shipping 15-25M 26-50
VP of Marketing Communications
No 160 0 40 200 134 1.22% 1999 Enterprise SoftwareSFandBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Profitable 15-25M 10-25
VP of Marketing Communications
No 206 0 19 225 278 0.41% 2000 Internet/eCommerceSFSoftware
Bay Area/Silicon
andSeries
Services
Valley/No.
C >40MCal Profitable 25-50M >200
VP of Marketing Communications
No 142 0 57 199 250 0.41% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
VP of Marketing Communications
No 170 0 0 170 450 0.30% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
VP of Marketing Communications
No 150 0 30 180 300 1.60% 2005 Computer Systems and Northeast
PeripheralsSeries A Pre Product Development
5-15M 10-25
VP of Marketing Communications
No 135 0 0 135 270 0.10% 1998 Internet/eCommerceSFSoftware
Bay Area/Silicon
andSeries
Services
Valley/No.
C 20- 40M Cal Profitable 75-100M >200
VP of Marketing Communications
No 150 0 0 150 162 1.00% 2006 Internet/eCommerceNortheast
Software andSeries
Services
A Pre Product in Beta 2-5M 10-25
VP of Marketing Communications
No 140 0 40 180 105 0.30% 2000 Communications Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
D 10-20M Cal Shipping 25-50M 51-100
VP of Marketing Communications
No 165 0 33 198 261 1.25% 2000 Enterprise SoftwareSFandBay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 5-15M 26-50
VP of Marketing Communications
No 120 0 0 120 330 0.51% 2003 Communications Software
Northeast
and Services
Series B 2-10M Shipping 15-25M 51-100
VP of Marketing Communications
No 170 0 51 221 140 0.18% 2000 Communications Software
SF Bay and
Area/Silicon
Services
SeriesValley/No.
C >40MCal Shipping Over 100M >200
VP of Marketing Communications
No 140 0 20 160 120 0.49% 2002 Enterprise SoftwareNortheast
and Services Series B 10-20M Shipping 25-50M 51-100
VP of Marketing Communications
No 130 0 0 130 775 2.21% 2004 Internet/eCommerceNorthwest
Software andSeries
Services
B Pre Product in Beta 5-15M 10-25
VP of Marketing Communications
No 175 0 53 228 227 0.99% 2004 Internet/eCommerceNortheast
Software andSeries
Services
C >40M Product Development
25-50M 26-50
VP of Marketing Communications
No 150 0 22 172 500 0.20% 2000 Enterprise SoftwareNorthwest
and Services Series B 2-10M Shipping 25-50M 100-200
VP of Marketing Communications
No 160 0 25 185 295 7.20% 1996 Internet/eCommerceNortheast
Software andSeries
Services
C 2-10M Profitable 25-50M 51-100
VP of Marketing Communications
No 129 0 13 142 140 0.70% 1996 Internet/eCommerceNortheast
Software andSeries
Services
A >40M Profitable 50 - 75M >200
VP of Marketing Communications
No 160 0 59 219 30 0.49% 2003 Other - Specify in comments
Northwest Series B 2-10M Shipping 5-15M 26-50
VP of Marketing Communications
No 165 48 0 213 451 0.60% 1997 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A 20- 40MCal Shipping 15-25M 100-200
VP of Marketing Communications
No 125 0 20 145 230 0.68% 2001 Enterprise SoftwareSFandBay
Services
Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 5-15M 26-50
VP of Marketing Communications
No 200 0 0 200 369 0.77% 1998 Enterprise SoftwareSFandBay
Services
Area/Silicon
SeriesValley/No.
C 10-20M Cal Profitable 25-50M 51-100
VP of Marketing Communications
No 150 0 25 175 350 0.77% 2002 Enterprise SoftwareMountain
and Services Series C 2-10M Shipping 15-25M 26-50
VP of Marketing Communications
No 180 0 0 180 235 1.39% 2005 Computer Systems and SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP of Marketing Communications
No 150 0 20 170 559 0.67% 2001 Enterprise SoftwareNortheast
and Services Series D 2-10M Shipping 15-25M 51-100
VP of Marketing Communications
No 165 0 41 206 375 0.14% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
VP of Marketing Communications
No 193 0 0 193 500 0.13% 2002 Enterprise SoftwareSFandBay
Services
Area/Silicon
SeriesValley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
VP of Marketing Communications
No 160 0 0 160 26 0.54% 2005 Semiconductor Northeast Series B Pre Product in Beta 15-25M 26-50
VP of Marketing Communications
No 200 0 0 200 124 0.95% 2005 Internet/eCommerceSFSoftware
Bay Area/Silicon
andSeries
Services
Valley/No.
B 2-10MCal Shipping 5-15M 26-50
VP of Marketing Communications
No 75 0 15 90 10 0.15% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 1-9
VP of Marketing Communications
No 150 40 0 190 100 0.71% 2004 Enterprise SoftwareCentral
and Services Series B 0-2M Shipping 15-25M 26-50
VP of Marketing Communications
No 130 0 39 169 200 2.02% 2006 Internet/eCommerceCentral
Software andSeries
Services
B 0-2M Shipping 5-15M 10-25
VP of Marketing Communications
No 150 0 0 150 110 0.46% 2003 Communications Software
Northeast
and Services
Series C 0-2M Shipping 15-25M 10-25
VP of Marketing Communications
No 195 0 50 245 655 0.62% 2003 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
D 2-10MCal Shipping 75-100M 51-100
VP of Marketing Communications
No 180 0 25 205 536 3.35% 2002 Internet/eCommerceSFSoftware
Bay Area/Silicon
andSeries
Services
Valley/No.
B 0-2M Cal Product in Beta 5-15M 10-25
VP of Marketing Communications
No 156 0 20 176 333 3.02% 2001 Enterprise SoftwareSouthern
and Services
Cal Series A 2-10M Shipping 2-5M 26-50
VP of Marketing Communications
No 195 0 0 195 3195 1.06% 2000 Communications Equipment
Southeast Series C 10-20M Shipping 25-50M 51-100
VP of Marketing Communications
No 220 0 0 220 271 1.60% 2005 Enterprise SoftwareSF
andBay
Services
Area/Silicon
SeriesValley/No.
C Pre Cal Product Development
15-25M 10-25
VP of Marketing Communications
No 175 0 65 240 230 2.30% 2006 Internet/eCommerceSFSoftware
Bay Area/Silicon
andSeries
Services
Valley/No.
B 0-2M Cal Shipping 5-15M 51-100
VP of Marketing Communications
No 190 0 0 190 250 0.77% 2004 Internet/eCommerceSFSoftware
Bay Area/Silicon
andSeries
Services
Valley/No.
C 2-10MCal Shipping 25-50M 51-100

Page 52 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Manufacturing-Operations Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Manufacturing Yes 142 0 32 174 266 0.38% 1999 Communications Software
Northeast
and Services
Series F or10-20M
above Shipping 50 - 75M 51-100
VP Manufacturing Yes 160 0 0 160 700 1.80% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
VP Operations Yes 170 0 0 170 650 2.03% 2004 Semiconductor Southern Cal Series B 10-20M Profitable 25-50M 51-100
VP Operations Yes 191 0 57 248 1580 2.35% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
VP Operations Yes 160 0 56 216 1000 1.01% 1999 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 5-15M 51-100
VP Operations Yes 150 0 30 180 280 0.91% 2004 Enterprise Software and
Northeast
Services Series C 0-2M Shipping 2-5M 51-100
VP Operations Yes 135 0 0 135 1970 1.30% 1998 Communications Equipment
Southwest Series D 20- 40M Shipping 50 - 75M 51-100
VP Operations Yes 142 0 0 142 1458 7.36% 2006 Semiconductor Southwest Series A Pre Product Development
5-15M 26-50
VP Operations Yes 171 0 29 200 1166 0.96% 2004 Semiconductor China Series B Pre Product in Beta Over 100M >200
VP Operations Yes 165 0 30 195 1854 2.23% 2001 Enterprise Software and
Northeast
Services Series D 2-10M Shipping 15-25M 51-100
VP Operations Yes 138 0 0 138 1918 9.73% 2003 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
A 0-2M Cal Shipping 5-15M 26-50
VP Operations Yes 189 0 0 189 1412 1.51% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Product Development
25-50M 51-100
VP Operations Yes 130 0 20 150 294 2.42% 1999 Internet/eCommerce Central
Software and Services
Series D 2-10M Shipping 25-50M 51-100
VP Manufacturing Yes 150 0 0 150 709 1.82% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 15-25M 51-100
President, WW Operations
No 300 0 150 450 1015 1.50% 2000 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
C >40MCal Profitable 25-50M >200
VP Manufacturing No 125 0 0 125 30 0.21% 2005 Internet/eCommerce SF
Software
Bay Area/Silicon
and Services
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Manufacturing No 150 0 0 150 160 0.83% 2006 Internet/eCommerce SF
Software
Bay Area/Silicon
and Services
SeriesValley/No.
B 0-2M Cal Profitable 15-25M 26-50
VP Manufacturing No 175 0 50 225 185 0.11% 2000 Computer Systems and
Northwest
Peripherals Series F or>40M
above Shipping Over 100M >200
VP Manufacturing No 165 0 17 182 240 0.49% 2004 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 5-15M 26-50
VP Manufacturing No 168 0 0 168 325 0.39% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
D Pre Cal Product in Beta Over 100M 100-200
VP Manufacturing No 172 0 17 189 409 1.24% 2003 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B 2-10MCal Shipping 25-50M 51-100
VP Manufacturing No 185 0 0 185 223 0.50% 2005 Other - Specify in comments
Mountain Series A Pre Product in Beta 25-50M 10-25
VP Manufacturing No 215 0 0 215 500 0.78% 2000 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Shipping 75-100M 51-100
VP Manufacturing No 160 0 64 224 250 0.41% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200
VP Manufacturing No 170 0 0 170 75 0.13% 2005 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Product in Beta 15-25M 51-100
VP Manufacturing No 175 0 0 175 300 0.32% 2002 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 50 - 75M 51-100
VP Manufacturing No 50 0 0 50 50 0.15% 2004 Communications Equipment
Israel Series B 2-10M Shipping 25-50M 100-200
VP Manufacturing No 212 0 74 286 545 0.34% 1996 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Profitable 75-100M >200
VP Manufacturing No 176 0 44 220 108 0.57% 1991 Other - Specify in comments
Southern Cal Series F or10-20M
above Shipping 25-50M 100-200
VP Manufacturing No 190 0 0 190 55 0.42% 2006 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Early/Product Definition
5-15M 26-50
VP Manufacturing No 140 0 7 147 170 1.36% 2005 Communications Equipment
Europe Series A Pre Product Development
5-15M 51-100
VP Manufacturing No 240 0 48 288 275 0.67% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C Pre Cal Product Development
75-100M 51-100
VP Operations No 80 0 0 80 25 0.71% 2006 Internet/eCommerce Southern
Software Cal
and Services
Series B 0-2M Product in Beta 5-15M 26-50
VP Operations No 150 0 30 180 50 0.18% 2002 Other - Specify in comments
Northeast Series B 20- 40M Profitable 5-15M 51-100
VP Operations No 150 0 0 150 1080 7.66% 2003 Other - Specify in comments
Northeast Series A 0-2M Product in Beta 2-5M 10-25
VP Operations No 250 0 0 250 46 0.51% 2004 Internet/eCommerce SF
Software
Bay Area/Silicon
and Services
SeriesValley/No.
C 2-10MCal Shipping 25-50M 51-100
VP Operations No 150 0 0 150 20 0.07% 2004 Internet/eCommerce SF
Software
Bay Area/Silicon
and Services
SeriesValley/No.
B 2-10MCal Product in Beta 15-25M 51-100
VP Operations No 150 0 0 150 85 0.55% 2005 Financial Services SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 25-50M 26-50
VP Operations No 165 24 0 189 226 0.99% 2004 Internet/eCommerce SF
Software
Bay Area/Silicon
and Services
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Operations No 170 0 0 170 151 0.32% 2003 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 25-50M 26-50
VP Operations No 130 0 50 180 150 0.80% 2005 Computer Systems and
Northeast
Peripherals Series A Pre Product Development
5-15M 10-25
VP Operations No 140 0 28 168 142 1.09% 2007 Internet/eCommerce Northeast
Software and Services
Series A Pre Product Development
2-5M 1-9
VP Operations No 50 0 10 60 50 0.14% 2004 Semiconductor China Series A 2-10M Shipping 5-15M 51-100
VP Operations No 165 0 0 165 125 0.50% 2004 Computer Systems and
Southwest
Peripherals Series B 0-2M Shipping 15-25M 26-50
VP Operations No 120 0 20 140 924 1.19% 2000 Enterprise Software and
Canada
Services Series C 20- 40M Shipping 25-50M >200
VP Operations No 155 0 0 155 78 0.17% 2004 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B Pre Cal Shipping 15-25M 10-25
VP Operations No 160 0 30 190 440 2.00% 2006 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product in Beta 5-15M 10-25

Page 53 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Manufacturing-Operations Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Operations No 160 0 20 180 325 0.70% 2004 Internet/eCommerce Northeast
Software and Services
Series B 2-10M Shipping 25-50M 100-200
VP Operations No 180 0 10 190 270 0.54% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product in Beta 25-50M 26-50
VP Operations No 180 0 70 250 200 0.36% 1999 Communications Software
Northeast
and Services
Series E >40M Profitable 50 - 75M >200
VP Operations No 165 0 0 165 215 0.47% 2002 Computer Systems andNortheast
Peripherals Series B Pre Product in Beta 25-50M 51-100
VP Operations No 185 0 46 231 344 0.62% 2004 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
C 10-20M Cal Shipping 25-50M 51-100
VP Operations No 200 0 40 240 180 1.00% 2002 Communications Equipment
Southwest Series E 10-20M Shipping 50 - 75M 51-100
VP Operations No 180 0 10 190 225 0.94% 2006 Semiconductor Northeast Series B Pre Product in Beta 5-15M 26-50
VP Operations No 170 0 8 178 235 0.70% 2004 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 26-50
VP Operations No 140 0 80 220 1000 1.00% 2000 Internet/eCommerce SFSoftware
Bay Area/Silicon
and Services
SeriesValley/No.
C 10-20M Cal Shipping 25-50M 51-100
VP Operations No 200 0 40 240 1300 0.57% 2002 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C >40MCal Shipping Over 100M >200
VP Operations No 180 0 0 180 230 0.84% 2005 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
D 0-2M Cal Product Development
15-25M 26-50
VP Operations No 125 0 25 150 70 0.81% 1999 Internet/eCommerce Northeast
Software and Services
Series F or20-
above
40M Shipping 2-5M 100-200
VP Operations No 150 0 30 180 100 0.23% 2006 Enterprise Software and
Northeast
Services Series A 0-2M Shipping 15-25M 10-25
VP Operations No 135 0 0 135 105 3.69% 2005 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
A 0-2M Cal Product in Beta 2-5M 10-25
VP Operations No 175 0 0 175 500 1.39% 2001 Communications Software
Southeast
and Services
Series B Pre Shipping 15-25M 26-50
VP Operations No 250 0 0 250 750 1.03% 2001 Other - Specify in comments
Southern Cal Series C 10-20M Product in Beta 50 - 75M 51-100
VP Operations No 175 0 25 200 320 0.83% 2000 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
E >40MCal Profitable 50 - 75M 100-200
VP Operations No 170 0 30 200 639 0.64% 2001 Communications Software
SF BayandArea/Silicon
Services
SeriesValley/No.
C 2-10MCal Shipping 50 - 75M 51-100
VP Operations No 192 0 36 228 1200 0.72% 2000 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
D 20- 40MCal Shipping 50 - 75M 51-100
VP Operations No 173 0 43 216 150 0.24% 1993 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
VP Operations No 168 0 42 210 137 0.55% 1998 Enterprise Software and
Northeast
Services Series C 10-20M Shipping 25-50M 100-200
VP Operations No 215 0 0 215 475 0.93% 2001 Semiconductor Southern Cal Series C 2-10M Product Development
25-50M 51-100
VP Operations No 150 0 38 188 373 0.14% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
VP Operations No 190 0 38 228 230 0.76% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 5-15M 26-50
VP Operations No 190 0 0 190 250 0.16% 2005 Consumer Services SF Bay Area/SiliconSeriesValley/No.
D >40MCal Profitable 25-50M 100-200
VP Operations No 123 0 0 123 348 0.65% 2005 Communications Software
SF BayandArea/Silicon
Services
SeriesValley/No.
B Pre Cal Product in Beta 5-15M 51-100
VP Operations No 89 0 0 89 125 0.22% 1999 Communications Equipment
Israel Series C 0-2M Shipping 25-50M 10-25
VP Operations No 120 0 20 140 40 0.03% 2005 Internet/eCommerce Other
Software
- Specify
and Services
Series
in comments
A 2-10M Shipping 5-15M 51-100
VP Operations No 166 0 33 199 2338 1.54% 1997 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
D 0-2M Cal Product Development
25-50M 10-25
VP Operations No 170 0 0 170 1600 2.11% 2004 Internet/eCommerce Southern
Software Cal
and Services
Series D 20- 40M Shipping 5-15M 51-100
VP Operations No 175 0 50 225 1500 1.56% 2004 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
VP Operations No 150 0 0 150 40 0.22% 2001 Internet/eCommerce Southern
Software Cal
and Services
Series A 10-20M Shipping 5-15M 26-50
VP Operations No 170 0 25 195 600 0.45% 2002 Enterprise Software and
Southwest
Services Series B 2-10M Shipping 15-25M 26-50
VP Operations No 170 0 40 210 1795 1.65% 2000 Communications Equipment
Northeast Series D 10-20M Shipping 50 - 75M 51-100
VP Operations No 150 0 38 188 69 0.46% 1994 Other - Specify in comments
Northwest Series D >40M Profitable 50 - 75M >200
VP Operations No 185 0 35 220 460 1.50% 1999 Financial Services Southeast Series B 2-10M Shipping 15-25M 51-100
VP Operations No 120 0 20 140 93 0.29% 1999 Consumer Services Northeast Series B 2-10M Profitable 5-15M 51-100
VP Operations No 125 0 20 145 2900 1.23% 2004 Enterprise Software and
Northeast
Services Series D 2-10M Shipping 5-15M 51-100
VP Operations No 150 0 0 150 500 0.14% 2002 Financial Services Southern Cal Series A 2-10M Shipping 2-5M 10-25
VP Operations No 175 0 0 175 375 0.37% 2005 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
C Pre Cal Product Development
25-50M 51-100
VP Operations No 185 0 74 259 612 1.00% 1999 Communications Equipment
Southeast Series B >40M Shipping 50 - 75M 100-200
VP Operations No 120 0 0 120 450 0.33% 2005 Communications Software
SF BayandArea/Silicon
Services
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 51-100
VP Operations No 212 0 74 286 440 0.42% 1999 Computer Systems and SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
D >40MCal Shipping 75-100M >200
VP Operations No 182 0 50 232 472 0.30% 1999 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
C >40MCal Profitable 50 - 75M 100-200
VP Operations No 166 0 0 166 395 0.69% 2003 Communications Equipment
Southwest Series D 20- 40M Shipping 75-100M 100-200
VP Operations No 230 0 46 276 500 0.27% 2000 Computer Systems and SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
E 10-20M Cal Shipping Over 100M 100-200
VP Operations No 230 0 46 276 500 0.27% 2000 Computer Systems and SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
E 10-20M Cal Shipping Over 100M 100-200
VP Operations No 193 0 0 193 550 0.14% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
F or2-10M
above
Cal Shipping Over 100M 100-200
VP Operations No 165 0 33 198 773 3.51% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
VP Operations No 200 0 0 200 303 0.51% 2004 Communications Software
SF BayandArea/Silicon
Services
SeriesValley/No.
E 10-20M Cal Shipping 25-50M 51-100
VP Operations No 208 0 0 208 1029 0.40% 1999 Communications Software
SF BayandArea/Silicon
Services
SeriesValley/No.
E >40MCal Shipping Over 100M >200
VP Operations No 193 0 0 193 2903 1.27% 1999 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
D 20- 40MCal Profitable 25-50M 51-100

Page 54 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Manufacturing-Operations Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Operations No 193 0 50 243 297 0.50% 2000 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 75-100M 100-200
VP Operations No 185 0 0 185 275 0.21% 2000 Semiconductor Northwest Series E 20- 40M Shipping 75-100M 100-200
VP Operations No 225 0 68 293 960 1.00% 2002 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 50 - 75M 26-50
VP Operations No 200 0 40 240 500 0.09% 1999 Computer Systems and SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
D 20- 40M Cal Shipping Over 100M 100-200
VP Operations No 190 0 0 190 450 0.79% 2002 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
D 2-10MCal Shipping 75-100M 51-100
VP Operations No 225 0 0 225 4320 1.56% 1998 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
C 20- 40M Cal Profitable 75-100M >200
VP Operations No 200 0 40 240 1000 0.91% 1998 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
C 10-20M Cal Shipping 75-100M >200
VP Operations No 165 0 0 165 340 0.25% 1999 Communications Equipment
Southeast Series C 10-20M Shipping 75-100M 51-100
VP Operations No 167 0 28 195 224 1.00% 2003 Communications Equipment
Northeast Series C 10-20M Shipping 25-50M 51-100
VP Operations No 165 0 150 315 625 0.63% 2002 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Profitable 25-50M 100-200
VP Operations No 162 0 30 192 150 0.14% 1998 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
A >40MCal Profitable 50 - 75M >200
VP Operations No 200 0 80 280 230 0.35% 1999 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A >40MCal Profitable 5-15M >200
VP Operations No 220 0 50 270 379 1.79% 1996 Enterprise Software and
Northeast
Services Series A 2-10M Shipping 25-50M 26-50
VP Operations No 175 0 0 175 23 0.48% 2005 Semiconductor Northeast Series B Pre Product in Beta 15-25M 26-50
VP Operations No 175 0 20 195 300 1.00% 2006 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
A 0-2M Cal Shipping 5-15M 10-25
VP Operations No 200 0 24 224 400 0.99% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
25-50M 51-100
VP Operations No 120 0 0 120 97 0.69% 2005 Enterprise Software and
Israel
Services Series A Pre Product in Beta 5-15M 26-50
VP Operations No 190 0 0 190 700 0.76% 2002 Semiconductor Southern Cal Series C Pre Product Development
75-100M 51-100
VP Operations No 150 0 0 150 100 0.77% 2005 Internet/eCommerce SF Software
Bay Area/Silicon
and Services
SeriesValley/No.
B 2-10MCal Shipping 5-15M 26-50
VP Operations No 161 0 49 210 60 0.26% 2002 Internet/eCommerce Europe
Software and Services
Series A 20- 40M Shipping 5-15M >200
VP Operations No 148 0 41 189 289 0.86% 2000 Semiconductor Northeast Series C 2-10M Shipping 50 - 75M 51-100
VP Operations No 175 0 20 195 180 0.75% 2002 Semiconductor Northeast Series D 10-20M Shipping 50 - 75M 100-200
VP Operations No 175 0 0 175 350 2.06% 2004 Communications Equipment
Central Series B 0-2M Product in Beta 15-25M 10-25
VP Operations No 125 0 0 125 162 1.00% 2006 Internet/eCommerce Northeast
Software and Services
Series A Pre Product in Beta 2-5M 10-25
VP Operations No 155 0 10 165 144 0.45% 2003 Semiconductor Other - SpecifySeries
in comments
C 0-2M Shipping 25-50M 26-50
VP Operations No 75 0 15 90 10 0.15% 2005 Other - Specify in comments
Northeast Series B 0-2M Shipping 5-15M 1-9
VP Operations No 175 0 0 175 200 0.54% 2004 Enterprise Software and
SF Bay
Services
Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
5-15M 26-50
VP Operations No 175 0 0 175 66 0.75% 2004 Internet/eCommerce Northeast
Software and Services
Series B 2-10M Shipping 5-15M 10-25
VP Operations No 145 0 0 145 150 0.44% 2000 Internet/eCommerce Northeast
Software and Services
Series D 0-2M Shipping 15-25M 10-25
VP Operations No 250 0 0 250 480 1.49% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
15-25M 10-25
VP Operations No 125 0 31 156 18 0.30% 2003 Other - Specify in comments
Northwest Series B 2-10M Shipping 5-15M 26-50
VP Operations No 100 0 50 150 2 1.32% 2003 Communications Software
Europeand Services
Series A 2-10M Shipping 2-5M 26-50
VP Operations No 200 0 0 200 180 1.58% 2003 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
25-50M 26-50
VP Operations No 150 0 38 188 2251 1.18% 2001 Consumer Services Southeast Series B 2-10M Shipping 15-25M 10-25
VP Operations No 195 0 39 234 851 1.14% 1997 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A 20- 40M Cal Shipping 15-25M 100-200
VP Operations No 175 25 35 235 133 1.99% 2007 Other - Specify in comments
Central Series A Pre Product Development
2-5M 1-9

Page 55 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Legal Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP & General Counsel Yes 178 0 89 267 400 3.42% 2006 Financial Services Southern Cal Series A Pre Product Development
5-15M 100-200
VP & General Counsel No 215 0 86 301 70 0.10% 2004 Other - Specify in comments
Northeast Series A >40M Profitable 50 - 75M >200
VP & General Counsel No 208 0 23 231 570 0.84% 2000 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C >40MCal Profitable 25-50M >200
VP & General Counsel No 210 0 63 273 301 0.38% 2000 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C >40MCal Shipping Over 100M >200
VP & General Counsel No 300 0 20 320 1230 0.54% 2002 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
C >40MCal Shipping Over 100M >200
VP & General Counsel No 200 0 38 238 150 0.14% 1998 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
A >40MCal Profitable 50 - 75M >200
VP & General Counsel No 75 0 0 75 120 0.22% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 50 - 75M 100-200
VP & General Counsel No 215 0 75 290 692 0.66% 1999 Computer Systems and
SF Bay
Peripherals
Area/Silicon
SeriesValley/No.
D >40MCal Shipping 75-100M >200
VP & General Counsel No 156 0 39 195 376 0.54% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
D 20- 40M Cal Shipping 25-50M 100-200
VP & General Counsel No 200 0 40 240 1000 4.55% 2001 Semiconductor Southern Cal Series C >40M Shipping 75-100M >200
VP & General Counsel No 175 0 35 210 200 0.75% 2004 Internet/eCommerceNortheast
Software and Series
Services
C 10-20M Shipping 75-100M 100-200
VP & General Counsel No 165 0 50 215 144 0.45% 1996 Financial Services SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Shipping Over 100M >200
VP & General Counsel No 130 0 13 143 120 0.20% 1999 Communications Equipment
Southeast Series B >40M Shipping 50 - 75M 100-200
VP & General Counsel No 140 0 35 175 22 0.15% 1994 Other - Specify in comments
Northwest Series D >40M Profitable 50 - 75M >200
VP & General Counsel No 150 0 0 150 120 1.20% 2007 Other - Specify in comments
Southern Cal Series A 0-2M Early/Product Definition
2-5M 1-9
VP & General Counsel No 165 0 20 185 180 0.15% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
F or10-20M
aboveCal Shipping 50 - 75M 100-200
VP & General Counsel No 175 0 0 175 8 0.22% 1999 Enterprise Software Northeast
and Services Series C 2-10M Shipping 25-50M 51-100
VP & General Counsel No 200 0 60 260 121 0.60% 1996 Internet/eCommerceNortheast
Software and Series
Services
A >40M Profitable 50 - 75M >200
VP & General Counsel No 200 0 0 200 1200 0.53% 1999 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 20- 40M Cal Profitable 25-50M 51-100
VP & General Counsel No 143 0 28 171 80 0.40% 1999 Internet/eCommerceSouthern
SoftwareCal
and Series
Services
D >40M Profitable 25-50M >200
VP & General Counsel No 185 0 37 222 190 0.62% 2003 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C 10-20M Cal Shipping 25-50M >200
VP & General Counsel No 200 0 30 230 335 1.29% 2004 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
B 0-2M Cal Product in Beta 5-15M 26-50
VP & General Counsel No 180 0 45 225 195 0.34% 2000 Communication Software
Northeast
and Services
Series B 20- 40M Profitable 25-50M 100-200
VP & General Counsel No 175 0 35 210 100 0.35% 1991 Communications Software
Southwest
and Services
Series B 20- 40M Shipping 25-50M >200
VP & General Counsel No 160 0 20 180 175 0.09% 1998 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
E 20- 40M Cal Profitable 50 - 75M 100-200
VP & General Counsel No 208 0 52 260 153 0.70% 2001 Enterprise Software Europe
and Services Series C >40M Shipping 15-25M >200
VP & General Counsel No 200 0 25 225 355 0.80% 1993 Enterprise Software Northeast
and Services Series A 2-10M Restart 25-50M 51-100
VP & General Counsel No 187 0 0 187 1000 0.97% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C Pre Cal Product Development
25-50M 51-100
VP & General Counsel No 185 0 34 219 1000 0.91% 1998 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
C 10-20M Cal Shipping 75-100M >200
VP & General Counsel No 190 0 15 205 150 0.23% 2000 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C 20- 40M Cal Shipping 50 - 75M 100-200
VP & General Counsel No 205 0 28 233 103 1.72% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
D >40MCal Shipping Over 100M >200
VP & General Counsel No 225 0 45 270 358 0.26% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
VP & General Counsel No 200 0 0 200 200 0.97% 2005 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
B Pre Cal Early/Product Definition
5-15M 1-9
VP & General Counsel No 200 0 0 200 25 0.27% 2004 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
C 2-10MCal Shipping 25-50M 51-100
VP & General Counsel No 160 0 40 200 1325 1.22% 2000 Communications Equipment
Northeast Series D 10-20M Shipping 50 - 75M 51-100
VP & General Counsel No 180 0 0 180 703 0.27% 1999 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
E >40MCal Shipping Over 100M >200
VP & General Counsel No 198 0 59 257 321 0.75% 1999 Internet/eCommerceSoutheast
Software and Series
Services
A 10-20M Product Development
25-50M 26-50
VP & General Counsel No 300 85 0 385 250 0.56% 1999 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B >40MCal Profitable 25-50M >200
VP & General Counsel No 150 0 26 176 300 0.25% 2004 Semiconductor China Series B Pre Product in Beta Over 100M >200
VP & General Counsel No 175 0 0 175 140 0.90% 2005 Financial Services SF Bay Area/Silicon
SeriesValley/No.
C 0-2M Cal Shipping 25-50M 26-50
VP & General Counsel No 150 0 0 150 175 0.35% 2005 Enterprise Software Southeast
and Services Series B 0-2M Shipping 5-15M 26-50
VP & General Counsel No 146 0 0 146 120 0.74% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
and Series
Services
Valley/No.
B 2-10MCal Profitable 5-15M 26-50
VP & General Counsel No 250 0 0 250 450 0.35% 2002 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
25-50M 26-50
VP & General Counsel No 130 0 0 130 20 0.03% 1999 Communications Equipment
Europe Series E 10-20M Shipping 50 - 75M 51-100
VP & General Counsel No 210 0 30 240 500 0.43% 2005 Internet/eCommerceOther
Software
- Specify
and Series
Services
in comments
A 2-10M Shipping 5-15M 51-100
VP Legal Services No 200 0 20 220 354 0.22% 2000 Computer Systems and
Northwest
PeripheralsSeries F or>40M
above Shipping Over 100M >200
VP Legal Services No 150 0 45 195 218 1.41% 1993 Internet/eCommerceSoutheast
Software and Series
Services
B >40M Shipping 15-25M >200

Page 56 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Legal Executive

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Legal Services No 48 0 0 48 50 0.15% 2000 Internet/eCommerceNortheast
Software and Series
Services
D 0-2M Shipping 15-25M 10-25
General Counsel No 170 0 0 170 100 0.16% 2000 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Shipping 75-100M 51-100

Page 57 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Other - Extra Titles

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
Chairman Yes 180 0 50 230 1937 9.69% 1999 Internet/eCommerceSouthern
SoftwareCal
andSeries
Services
D >40M Profitable 25-50M >200
Chairman Yes 250 0 125 375 5806 4.00% 1998 Enterprise Software Southern
and Services
Cal Series E 2-10M Shipping 25-50M 51-100
Chairman Yes 60 0 0 60 2594 5.38% 2003 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B 0-2M Cal Shipping 15-25M 26-50
Chief Architect Yes 150 0 10 160 2020 1.50% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
andSeries
Services
Valley/No.
B 0-2M Cal Shipping 5-15M 10-25
Chief Architect Yes 150 0 0 150 3067 6.65% 2004 Internet/eCommerceNortheast
Software andSeries
Services
B 2-10M Shipping 25-50M 100-200
Chief Architect Yes 145 0 0 145 6250 8.04% 2006 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Early/Product Definition
5-15M 10-25
Chief Architect Yes 225 0 0 225 957 4.67% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
B 0-2M Cal Product Development
25-50M 51-100
Chief Development Officer
Yes 225 56 0 281 1572 2.74% 1995 Communications Software
Northeast
and Services
Series D 20- 40M Profitable Over 100M 10-25
Chief Evangelist & Founder
Yes 225 0 80 305 16747 28.01% 1995 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
D 20- 40M Cal Shipping 25-50M 100-200
Chief Investment OfficerYes 216 0 60 276 1907 1.41% 1999 Financial Services Central Series B >40M Profitable 5-15M >200
Chief Pilot Yes 200 0 35 235 200 3.28% 2003 Other - Specify in comments
Northwest Series B 2-10M Shipping 5-15M 26-50
Chief Product Officer Yes 160 0 0 160 800 4.44% 2006 Consumer Services Southern Cal Series A 0-2M Shipping 2-5M 10-25
Chief Scientist Yes 105 0 0 105 1800 18.00% 2006 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
B 0-2M Cal Shipping 5-15M 51-100
Chief Scientist Yes 150 0 0 150 350 2.06% 2004 Communications Equipment
Central Series B 0-2M Product in Beta 15-25M 10-25
Chief Scientist Yes 195 0 0 195 1106 2.49% 2003 Enterprise Software SFand
Bay
Services
Area/Silicon
SeriesValley/No.
D 10-20M Cal Shipping 25-50M 51-100
Chief Scientist Yes 150 0 45 195 640 3.02% 2006 Enterprise Software Northeast
and Services Series B 0-2M Shipping 15-25M 26-50
EVP Corporate DevelopmentYes 188 0 0 188 490 2.71% 2001 Other - Specify in comments
Southwest Series D 0-2M Shipping 25-50M 26-50
Executive Chair & FounderYes 180 0 0 180 2700 15.52% 2005 Internet/eCommerceCentral
Software andSeries
Services
A Pre Product in Beta 2-5M 10-25
Founder Yes 200 0 0 200 2459 12.62% 2004 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
C Pre Cal Product in Beta 15-25M 26-50
SVP, Advanced ProductsYes 241 0 0 241 1939 0.75% 1999 Communications Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
E >40MCal Shipping Over 100M >200
V.P. / Secretary Yes 175 0 0 175 8550 35.34% 1999 Internet/eCommerceSouthern
SoftwareCal
andSeries
Services
B Pre Early/Product Definition
5-15M 26-50
Vice President and Co Founder
Yes 175 0 0 175 2089 6.93% 1999 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
B 20- 40M Cal Profitable 15-25M >200
VP & GM, Product DivisionYes 156 0 27 183 1165 0.96% 2004 Semiconductor China Series B Pre Product in Beta Over 100M >200
VP Development Strategy Yes 150 0 0 150 2000 3.98% 2004 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
B Pre Cal Product in Beta 25-50M 26-50
VP Module Technology Yes 90 0 0 90 3564 10.90% 2007 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
2-5M 10-25
VP Systems & Technology Yes 155 0 0 155 465 2.07% 2000 Communications Equipment
Northeast Series B 0-2M Product in Beta 50 - 75M 51-100
Business Unit GM No 200 0 0 200 3036 1.81% 2000 Semiconductor SF Bay Area/Silicon
SeriesValley/No.
D 20- 40M Cal Shipping 50 - 75M 51-100
Chairman No 200 0 75 275 717 7.23% 2006 Internet/eCommerceCentral
Software andSeries
Services
B 0-2M Shipping 5-15M 10-25
Cheif Content Officer No 175 0 44 219 431 1.01% 1999 Internet/eCommerceSoutheast
Software andSeries
Services
A 10-20M Product Development
25-50M 26-50
Chief Architect No 11 0 0 11 515 1.75% 2006 Communications Equipment
Israel Series A Pre Early/Product Definition
5-15M 10-25
Chief Music Officer No 175 0 0 175 300 3.20% 2006 Consumer Services Northeast Series A Pre Shipping 5-15M 26-50
Chief Security Officer No 175 0 44 219 225 0.32% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
D 20- 40M Cal Shipping 25-50M 100-200
Chief Solutions ArchitectNo 207 0 0 207 307 1.56% 2003 Enterprise Software SFand
Bay
Services
Area/Silicon
SeriesValley/No.
A 0-2M Cal Shipping 5-15M 26-50
CIO No 195 0 45 240 2275 1.20% 1998 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
E 20- 40M Cal Profitable 50 - 75M 100-200
Corporate DevelopmentNo and GC 150 0 30 180 120 0.59% 2002 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
B 2-10MCal Shipping 15-25M 26-50
Corporate VP - BU managerNo 129 0 32 161 345 0.70% 2000 Semiconductor Israel Series C 10-20M Profitable 25-50M 51-100
Country Managing DirectorNo 240 0 42 282 500 0.71% 1999 Internet/eCommerceEurope
Software andSeries
Services
B 20- 40M Shipping 15-25M >200
Director of Systems Development
No 160 0 0 160 125 1.14% 2006 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A Pre Cal Product Development
5-15M 1-9
EVP - Programming No 157 0 79 236 332 0.64% 1998 Enterprise Software Southwest
and Services Series E 0-2M Shipping 25-50M 26-50
EVP, Investment Management
No 175 0 150 325 1031 3.21% 1996 Financial Services SF Bay Area/Silicon
SeriesValley/No.
F or>40M
aboveCal Shipping Over 100M >200
GM-Israeli Site No 126 0 0 126 500 1.53% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
C 2-10MCal Shipping 25-50M 51-100
Managing Director, EuropeNo (and SVP,300
BD) 0 150 450 57 0.63% 2004 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
C 2-10MCal Shipping 25-50M 51-100
Sr. VP Client Services No 193 0 48 241 1300 2.06% 1993 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
F or20-
above
40M
Cal Profitable Over 100M 100-200
Sr. VP of Product Management
No 200 0 150 350 340 5.68% 1999 Internet/eCommerceSF Software
Bay Area/Silicon
andSeries
Services
Valley/No.
D >40MCal Shipping Over 100M >200
VP - Engineering Technologies
No 180 0 20 200 539 1.27% 1994 Enterprise Software Northwest
and Services Series B 20- 40M Shipping 15-25M 100-200
VP Community No 184 0 55 239 105 0.48% 2001 Enterprise Software Europe
and Services Series C >40M Shipping 15-25M >200
VP Gov't Bus Dev No 145 0 36 181 247 0.11% 1998 Semiconductor Northeast Series C 2-10M Product in Beta 75-100M 51-100
VP of Corporate Operations
No 190 0 54 244 712 2.93% 2001 Communicatons Software
SF Bayand
Area/Silicon
Services
SeriesValley/No.
A 0-2M Cal Product Development
25-50M 26-50
VP of Customer Care No 185 0 25 210 1000 0.47% 1999 Enterprise Software SFand
Bay
Services
Area/Silicon
SeriesValley/No.
E 20- 40M Cal Shipping 25-50M 100-200
VP of Standards & Technology
No 170 0 26 196 672 0.67% 2002 Communications Equipment
SF Bay Area/Silicon
SeriesValley/No.
C 2-10MCal Shipping 25-50M 26-50
VP of Strategic Communications
No 190 0 57 247 20 0.09% 1993 Enterprise Software Southern
and Services
Cal Series B >40M Profitable 50 - 75M >200
VP of Strategy Operations
No 200 0 50 250 800 1.23% 1999 Other - Specify in comments
SF Bay Area/Silicon
SeriesValley/No.
A >40MCal Profitable 5-15M >200
VP of Web Marketing No 180 0 0 180 139 1.99% 2005 Internet/eCommerceSF
Software
Bay Area/Silicon
andSeries
Services
Valley/No.
A 0-2M Cal Shipping 2-5M 1-9
VP Quality No 160 0 64 224 250 0.41% 2003 Other - Specify in comments
Mountain Series E 10-20M Shipping 50 - 75M 100-200

Page 58 of 60
Venture Capital 2007 Executive Compensation Survey
Privately Held Information Technology Companies
Other - Extra Titles

Founder Guaranteed MBO Total Shares of % of Founded Industry Region Round Revenue Stage Capital HC
Title Status Salary Bonus Bonus Comp Stock Stock
VP Solutions Delivery No 160 0 0 160 177 3.69% 2005 Semiconductor Northeast Series B Pre Product in Beta 15-25M 26-50
VP Strategic Alliances No 150 0 20 170 953 1.00% 2000 Enterprise Software Northeast
and Services Series D 2-10M Shipping 15-25M 26-50
VP Technology No 130 0 5 135 5 0.09% 2002 Communications Software
Canadaand Services
Series A 2-10M Shipping 5-15M 51-100
VP WW Channel Sales No 180 0 0 180 250 0.16% 2005 Consumer Services SF Bay Area/Silicon
SeriesValley/No.
D >40MCal Profitable 25-50M 100-200
VP, CIO No 150 0 38 188 235 0.09% 2000 Communications Software
Southwest
and Services
Series C 10-20M Shipping 50 - 75M 51-100
VP, Corporate Development
No 150 0 60 210 1200 2.85% 2005 Consumer Services Southern Cal Series A Pre Product Development
15-25M 51-100
VP, Corporate Strategy &
NoConsumer 175
Insights 0 33 208 100 0.09% 1998 Internet/eCommerceSF
Software
Bay Area/Silicon
andSeries
Services
Valley/No.
A >40MCal Profitable 50 - 75M >200
VP, Distribution No 175 0 0 175 237 0.64% 2004 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
B Pre Cal Product Development
5-15M 26-50
VP, Implementation No 120 0 10 130 500 1.00% 2006 Internet/eCommerceSF
Software
Bay Area/Silicon
andSeries
Services
Valley/No.
A 0-2M Cal Shipping 2-5M 10-25
VP, International Business
No Development
175 0 175 350 0 0.00% 2000 Communications Equipment
Northeast Series B Pre Shipping Over 100M 26-50
VP, North America No 170 0 68 238 300 0.31% 2005 Internet/eCommerceCentral
Software andSeries
Services
C >40M Profitable Over 100M >200
VP, Products & ServicesNo 185 0 24 209 2620 0.96% 2001 Enterprise Software SF
andBay
Services
Area/Silicon
SeriesValley/No.
D 2-10MCal Shipping 15-25M 26-50
VP-Strategy No 190 0 25 215 599 2.67% 2005 Communications Software
Northeast
and Services
Series B Pre Product Development
5-15M 10-25

Page 59 of 60
Industry - 2007 Industry - 2006 Industry - 2005

Communications Equipment

51, 11% 40, 9%


Communications Software and
Services
57, 12% Computer Systems and
52, 11%
Peripherals
Consumer Services
14, 3%
17, 4% Enterprise Software and
Services
Financial Services

110, 24% Internet/eCommerce Software


and Services
119, 24% Other
8, 2%
Semiconductor

Region - 2007 Region - 2006 Region - 2005

Canada, 2, 0% Central, 11, 2%


China, 2, 0%

Southwest, 23, 5% Europe, 17, 4%

Southern Cal, 29, 6% Israel, 13, 3%

Mountain, 9, 2%
Southeast, 12, 3%

Northeast, 105, 22%

Other, 2, 0%

SF Bay Area/Silicon
Valley/No. Cal, 242, 53%

Stage - 2007 Stage - 2006 Stage - 2005

Early/Product Definition
2%
11% Product Development

Product in Beta

Profitable

11% Shipping

11%
65%

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