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At my startup we're trying to pay senior devs $150k/yr with no bonuses with stupid vesting plans (if any equity at all) while the CEO is making $500k a year.

• datalopers 4y ago
  Why is the CEO pulling a salary at all? Or are they not the founder and were brought in? Founders just take the bare minimum to survive, anything else is just irresponsible.
  • leetrout 4y ago
    Ha, at a YC backed startup I was at the entire C-suite (which had the two original founders) took a pay bump to $240k+ in less than one year of operation (was not anywhere near cashflow positive) on top of whatever multiple full percentages of stock they held (and assume the founders stock was better than the employee pool. I asked a few times to see the cap table, even redacted, and they refused). I left so I don't know how much they are paying themselves now...
    • roncesvalles 4y ago
      The startup space is rife with people just looking for a job.
  • roflyear 4y ago
    They are a founder with equity. Why? Because they need to support like six kids and their wife doesn't work.
• simsspoons 4y ago
  that’s stupid
  • roflyear 4y ago
    It is incredibly stupid.