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Investors generally balk at founders taking much salary if the company is not profitable. They need a place to live and eat but beyond that investors want their
by code4tee 8y ago
Investors generally balk at founders taking much salary if the company is not profitable. They need a place to live and eat but beyond that investors want their money helping the company, not funneling into a founder’s pocket. High cash comp should be coming from operating revenue/profits not an investor’s pocket.
- yoz-y 8y agoIn a very competitive environment such as SV you probably can't be too stingy on salaries either. Good employees are quite high on the list of things that will make or break your company.