[john_moscow]

Because in the current market you can get yourself a better lifestyle burning through VC cash than by trying to get that cash from the paying customers.

[jackgolding]

We have a winner.

And even if you fail you write some blog posts, do the speaking circuit and end up with another high paying role in a startup, VC or a services company (Government, Co-working space, law firm...)

[cncrnd]

I thought the expectation was for VC funded CEOs to take low salaries. How often do they sell equity in fundraising rounds and/or take decent salaries (500k+)?

[kolpa]

> decent salaries (500k+)?

Oh, HN.

[gadders]

I think they are encouraged to in later rounds by some VCs: https://bothsidesofthetable.com/should-founders-be-allowed-t...

[yawz]

> take decent salaries (500k+)

Now, seeing this, I would totally settle for some "unsatisfactory" $450K. :)

[cncrnd]

Heh. I mean decent for someone who has the skill to pull lots of VC money.

They are probably good at rising up the ladder in some company, that's a reasonable upper management salary for them there.