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by didgetmaster
1337 days ago
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As a startup founder myself, I wish I had the luxury of paying myself a modest salary, but until the revenues support it that is how it goes. Even if I had a bunch of VC money, I would definitely feel guilty about paying myself a ton of money. I would still have a huge chunk of founder's stock, so I would pay myself well below market rates. If I were an outside investor in my startup, I would demand this. If a founder was living high off my dime I would be very worried that they would cut and run the moment the gravy train dried up. Startups run better when all the players have significant 'skin in the game'. |
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