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Atmrix

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Atmrix

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LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

If you want to maximize your base salary for stability, join a public company in a tier 1 US city.

Video

LP

How much product managers get paid in US, Europe, and Canada

@ Lenny's Podcast

How much product managers get paid in US, Europe, and Canada

05/02/25

Related Takeaways

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

Moving from a tier 3 US city to a tier 1 city can increase your salary by 20%.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

To maximize your upside, aim for a senior individual contributor or manager role at a private company in the US.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

In tier 1 US cities, product managers earn 10% more than the average US product manager.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The average product manager in a tier 3 US city earns more than the average product manager in Europe or Canada.

MS

Michael Seibel

10/20/23

@ Y Combinator

If you're working at a late-stage startup, consider moving to an earlier-stage company for more responsibility and potentially better equity opportunities.

MS

Michael Seibel

11/02/23

@ Y Combinator

If you're a key engineer in a scaling company, consider whether your equity reflects your contributions and if you would benefit significantly if the company succeeds.

MS

Michael Seibel

10/20/23

@ Y Combinator

If you find that your current company is thriving and you enjoy working with your colleagues, consider doubling down on your efforts there.

JK

Justin Kan

11/03/18

@ Y Combinator

Silicon Valley has matured, and many people now come for stability and a great career trajectory. If you want those things, you should not join a startup.

LP

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The median starting base salary for a product manager in the US is $112,000 at public companies and $96,000 at private companies.