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I think these numbers are a little on the low end these days, if you've raised at least a respectable series A.
by abstractbill 16y ago
I think these numbers are a little on the low end these days, if you've raised at least a respectable series A.
- webwright 16y agoYaw, I did say "smallish" series A. If you're raising 4-6m, then founder salary really ceases to be a big needle mover in terms of runway. Certainly angel investors will often push hard on founder. If you have less than a million in the bank, I think the question needs to be framed as "How much do I need to survive" and NOT "What did I make at my last job". If the founders aren't trying to dig deep here, then I'd wonder about their motivations (unless revenue was taking off). Lack of runway kills startups.