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by falcolas 2054 days ago
So was the founder. SV level salary, per their words.

And, as I've said elsewhere, startup salaries are rarely on par with the industry average. Working at a startup is typically sold as "you'll be paid less, but if we sell you'll get a payout to make up for it".

2 comments

It is pretty simple though, either they negotiated some stock based component to their compensation when they started and would be getting payout, or they didn't and they have been fully compensated by their salary.
Are you sure that Baremetrics employees were sold that? If not then what is your issue?