3 ms·
Nitpick: when you're raising $8.6M you're not taking a ridiculous risk, your investors are. Arguably you then have less risk, e.g. you can reliably draw a salar
by nandemo 14y ago
Nitpick: when you're raising $8.6M you're not taking a ridiculous risk, your investors are. Arguably you then have less risk, e.g. you can reliably draw a salary for several years even if your company isn't yet profitable.
- mibbitier 14y agoIs this true? Will investors happily let founders draw comfortable salaries for several years? That doesn't sound right to me...
- ThePherocity 14y agoYea, there are a lot of companies, pre sellout or pre IPO that will run for year and years without a profitable business model. To name one off the top of my head... Twitter.
- pyre 14y agoI think this was the point he/she was trying to make: Will investors happily let founders draw comfortable salaries Do the founders really draw comfortable salaries during that run? If not then their risk is that they are 'wasting' their time at below market rates.