2 ms·
>IMHO, the purpose of a founder's salary is to cover monthly expenses so we can focus on building the business Pay yourself same €150k, problem solved.
by rasz 4y ago
>IMHO, the purpose of a founder's salary is to cover monthly expenses so we can focus on building the business
Pay yourself same €150k, problem solved.
- solumunus 4y agoHow does that solve the problem of needing to keep costs low? Silly.
- rasz 4y agoIf you are bootstrapping you dont need a $150K/year cofounder, you need one willing to put money into the business. If you are VC funded you need to pay yourself good salary, because chances of cashing out are very low and chances of burnout while doing 15h days on ramen are high.
- nh2121 4y agoYou just added a whole new perspective. Thanks for sharing!