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> What are the right reasons? Most people work for money. The right reasons for co-founding are to grow equity in the short to medium term. Obviously. To some
by t6jvcereio 4y ago
> What are the right reasons? Most people work for money.
The right reasons for co-founding are to grow equity in the short to medium term. Obviously. To some degree you must be aware of this, and your confusion that there is such thing as "too much" for a co-founder comes across as disingenuous. These are the right reasons in the sense that align the co-founders interests with the investors. Contrast this with a co-founder who co-founds so he can draw as much investment money as possible for his salary.
- nh2121 4y agoThank you for sharing your perspective! The way I see it, every euro you don't spend on growing your business hurts the value of your equity. When we reach a certain level of product-market fit, it's a bad idea to pay yourself more than you really "need" because those dollars could be more valuable to the company. I'm all for paying people what they're worth and what they need, but if you're primarily motivated by a paycheck, you might be looking for a job, not a company.