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> If you raise a small angel or friends & family round, you’ll probably want to spend it on other things than founder salaries. This part in particular doesn’t
by abalone 9y ago
> If you raise a small angel or friends & family round, you’ll probably want to spend it on other things than founder salaries.
This part in particular doesn’t make sense, or at least assumes founders have savings and assets. But what if you don’t because you’re young or you’ve already bootstrapped your way through all of it and gone into debt too?
It makes sense to pay subsistence salaries at the angel stage.