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> You can pay yourself a “market salary” of $500,000/yr+. That is like L6 FAANG money. Even if you're just defrauding rich investors, you're still likely putti
by Aunche 5y ago
> You can pay yourself a “market salary” of $500,000/yr+.
That is like L6 FAANG money. Even if you're just defrauding rich investors, you're still likely putting more than an L6 amount of work. I don't think these entrepreneurs are doing doing it for the money like the author is implying. I think they genuinely enjoy being an entrepreneur, sometimes to a delusional extent as with Elizabeth Holmes.