Hacker News new | ask | show | jobs
by IshKebab 2436 days ago
I think you underestimate salaries. They are allowed to pay themselves. Extra money can be used to pay future salaries, fund other projects etc. They can probably even accumulate it to use as an endowment, I'm not sure about that though.

I'm not exactly sure what happens if the founders decide their salaries will be $1m/year. I'm not aware of anything explicitly stopping that - some charities pay their CEOs hundreds of thousands.