Open: Buffer’s Transparency Dashboard
Since 2013, we’ve been open with Buffer’s finances and our team’s salaries, among many other metrics. We share openly because we believe in the power of transparency to build trust, hold us accountable to a high standard, and push our industry forward. This is a dashboard for anyone to see how we’re building Buffer.
I'm a and I live in a high cost of living city (e.g. New York, London)
4-Day Work Week
01234567890123456789%of team are happier with a 4DWW
62%of team take fewer days off ill
84%of our team get all work done in the 4DWW
Read blog posts where we document what we learn as we build Buffer differently.
Work-Life Harmony: Karinna Briseno Shares Her Experience at Buffer
Meet Karinna Briseno, a Technical Advocate at Buffer who redefines success by balancing personal growth, mental health, and career accomplishments.Read more
How Are Leaders Experiencing Remote Work?
We’ve been writing and publishing Buffer’s State of Remote Work report for six years now, and we’ve learned a lot about the trends, benefits, and struggles of remote workers along the way. This year, after releasing the report, we had several people comment that they wondered what the results would be like for only people who are managers — and it’s a good question! We weren’t clear enough when publishing the report that the State of Remote Work already includes people managers and remote workRead more
From the Marine Corps to Customer Advocacy: Darcy Peters' Unique Career Path
In this candid interview, Darcy Peters shares her experiences balancing work, family, and personal growth while embracing challenges and nurturing a fulfilling career at Buffer.Read more
The Story Behind Buffer’s AI: An Interview with Diego Sanchez
We go behind the scenes on Buffer’s AI developments in this interview with Senior Product Manager Diego Sanchez.Read more
A timeline of transparency at Buffer
Here's an overview of the transparency timeline at Buffer, as you saw above, much of the company is transparent. Here's more of the story of when that happened and how it came about.
The first version of Buffer, the product, was launched November 30th, 2010. The launch appeared on Hacker News as a part of the November Startup Sprint.
In early 2011, our co-founder CEO, Joel Gascoigne, started publicly sharing several milestones around Buffer users. The first example was reaching 500 signups.
At the end of 2011, we raised $450,000 and shared the names of the 19 investors and how we met them.Read more
In February 2013, Joel emailed the team to share the first iteration of our salary formula along with sharing the whole team's salaries transparently internally.
In March 2013, our equity formula was made transparent internally as well.
In May, we published the exact fundraising deck used in the 2012 seed roundRead more
In September, we shared our first investor's update publicly.Read more
In October Buffer was hacked, and we shared our live blog with updates on the situation publicly.Read more
In December, we were ready to share salaries externally, and we published the spreadsheet with our salaries.Read more
Our equity formula, which was made internally transparent in 2013, was made externally transparent in April of 2014.Read more
In the same month, we added a public revenue dashboard with real-time revenue numbers.Read more
In October, we raised a transparent Series A round where we shared our valuation term sheet.Read more
In December, we shared a pricing breakdown of exactly where your money goes if you were paying $10 for Buffer.Read more
We shared our first diversity dashboard in June, along with our full diversity stats.Read more
In November, we made an update to iterate on our salary formula.Read more
We released the first version of our salary calculator, which anyone could use to see what they would get paid if they worked at Buffer.Read more
In December, we acquired Respondly and shared as much of the process transparently as we were able to.Read more
In April, we launched a public Trello board with our product roadmap that is still operational and up to date.Read more
In June, we had a cash-flow crisis resulting in several financial changes at Buffer, including a round of lay offs.Read more
In February, our COO and CTO decided to leave Buffer. We shared more about this change and the vision for the future of Buffer.Read more
In April, we shared Buffer's first Equal Pay report, a report that detailed what men and women earned at Buffer.Read more
In December, we had our first profit share of $300,000 and charitable donation of $50,000.Read more
In August, we decided to spend $3.3 Million buying out our VC investors as it was clear that Buffer had become less of a fit for VC funding.Read more
In the same month, we shared our company budget and operating expenses transparently.Read more
In June, after two years of successful profit sharing, we shared our formula for profit sharing and charitable contributions.Read more
In April, we shared every team communication we had around COVID-19.Read more
We moved our transparent salaries from a spreadsheet to a table more prominently displayed on our website and added in a clear depiction of our salary formula and compensation philosophy.Read more