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No, it shouldn't. If both senior and junior are starting the company at zero and working fulltime/equally pouring sweat equity in and assuming similar living ex
by Geekette 9y ago
No, it shouldn't. If both senior and junior are starting the company at zero and working fulltime/equally pouring sweat equity in and assuming similar living expense profiles, then they should be compensated similarly. If you can't see your cofounder as equal, then partner with someone else. Or if the salary differential is that important to you, then remain on the corporate path.
- deleted 9y ago[deleted]
- nopinsight 9y agoWhat if the junior partner is the best person available with history of good working relationships with the senior cofounder? Not considering him/her because of salary differential might be suboptimal for the startup. At the same time, the senior cofounder could have a much larger need for salary because of mortgage and family to take care of, so receiving too little salary would cause hardship and adversely affect the startup, while the junior person has less financial obligations.