3 ms·
The reason founders get more is because they are less willing to accept a bad deal, and more able to turn a bad deal into a good one. An employee who brings str
by fleitz 16y ago
The reason founders get more is because they are less willing to accept a bad deal, and more able to turn a bad deal into a good one. An employee who brings strategic assets to a company will make a lot of money, neither Eric Schmidt or Tim Cook are founders of their respective companies but they do VERY well for themselves.
The best explanation is found on Ribbon Farm in The Gervais Principle.
http://www.ribbonfarm.com/2009/10/07/the-gervais-principle-or-the-office-according-to-the-office/ http://www.ribbonfarm.com/2009/10/07/the-gervais-principle-o...
And yes, Founders are 1000x more valuable to the market than their employees. They may not be more valuable according to any other logic but the market is the person who cuts the cheques.