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Isn't the founder salary something that only the founder and those who bought a board seat should care about? If I'm an investor and the founder wants a 40% pr
by grandalf 9y ago
Isn't the founder salary something that only the founder and those who bought a board seat should care about? If I'm an investor and the founder wants a 40% premium over what the algorithm recommends, I may or may not agree, but surely the founder's judgment on that one issue is not an outlier from other good or bad judgement he or she may have.
I'd actually be more worried about minor graft like the founder hiring a family member to provide catering or the founder taking bonuses when most employees are not paid bonuses.
- DonHopkins 9y agoAt a flat rate of $10,000/year per pop, the Duggars and their Quiverfull movement would love this Founder Salary Calculator. Should you get more or less financial reward if you pay child support to outsource your kids (KAAS) instead of raising them yourself, so you have more time to dedicate to the start-up?