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Well, that depends on the individual situation. A micro-ISV could bring that number as low as a reasonable salary. A startup like 37Signals needs to have that n
by run4yourlives 18y ago
Well, that depends on the individual situation. A micro-ISV could bring that number as low as a reasonable salary. A startup like 37Signals needs to have that number high enough to support a small number of employees. Of course, a VC backed firm counting on a grand exit needs a much greater reward.
I think what Matt correctly points out though is that by limiting yourself to the VC option, you are only seeing 1/3 of the avenues available to you. These are limits for the VC, but they don't need to be limits for a founder.