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Poll: As a founder, what is your salary(2016)?
If you can, please also add location, number of people in your company, age of company and if you are funded
- muzani 11y ago$25 last month, $0 this month. Founded in Malaysia, a year old. Three employees including me and my cofounder, and our operations executive who takes no equity. Funded $2500. Profitable but screw bootstrapping.
- eecks 11y agoDo you live off savings?
- muzani 11y agoYeah, but I do software development on the side. Inflation really hit hard over the last 10 years (like living costs practically doubled), so savings don't go very far.
- chirau 11y agoWow. What is a typical industry salary for your role in Malaysia?
- muzani 11y agoProbably a lot more lol. For a founder of a non-profitable seed-stage startup, it's around $700/month. If you take a government grant, it's closer to $350/month + your tech skill market rate. Around these parts, it's quite rare for a founder to be full time on investor-funded salaries. Founders are expected to have a full time job, and pay a technical guy on the side. By comparison, a good engineer (3y, non-elite degree) would make about $1500/month.
- amac 11y ago$0.
- deleted 11y ago[deleted]
- herbst 11y agoMy main side project made me about $1700 last month. It earns from ads from a international user base. I work alone on the project, and did exactly nothing the whole month. Its not funded and initial costs are just time, running costs about $30.