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by PudgePacket
2231 days ago
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You pay yourself what you need to survive and use the rest to re-invest in the company, extend the runway, do marketing, etc. You can't walk away from your day job at $BIGCO, start your own company and expect to get paid like you used to, it doesn't work like that (at least at the beginning). Your pay is having a large % ownership in (what you think will be) a valuable company down the line. |
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My issue, I guess, is not with salary, but moreso the value add. 75k does not seem like enough to A.) Live on, really, B.) Extend runway, really, C.) "Fix the internet", really. I can understand trading in cash for agency, I would absolutely do it. But this doesn't really seem like that either, given that presumably lots of founders would need to either seek further funding or work second jobs.