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It might depend on where you live but I think 200k as salary for a founder in a company that is not yet profitable is ridiculously high.
by cstejerean 18y ago
It might depend on where you live but I think 200k as salary for a founder in a company that is not yet profitable is ridiculously high.
- DanielBMarkham 18y agoRecent discussion on this topic: http://news.ycombinator.com/item?id=322987 http://news.ycombinator.com/item?id=322987
- cstejerean 18y agoI'm not saying that you shouldn't pay yourself and try to live off Ramen the entire time, just that 200k is pushing it (although it depends on what people did before they started their startup and what kind of lifestyle they need to support). Edit: now that I re-read that article I think we might be talking about different things. I don't think it's common for the founders to pay themselves that much, although I can imagine having to pay that much for executives that you hire early on.