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For political reasons, it's usually best to pay yourselves the same amount. Reasons for different amounts: children, loans, trust funds, etc. When you're medium
by xg 16y ago
For political reasons, it's usually best to pay yourselves the same amount. Reasons for different amounts: children, loans, trust funds, etc. When you're medium successful, that may change if one of you is still CEO. For now, don't sweat it.
I interpret pg's comment to mean that any dollars that you aren't spending growing your business are doing harm to the value of your equity. Realistically, I think this means that if you achieve some degree of product market fit, it's a bad idea to pay yourselves more than you really 'need' as those dollars could be more valuable to the business.
- subpixel 16y agoI thought I might be taking that comment too literally ;)