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I'm not sure how you can call it "self-centered" as neither the founder nor myself were CEO. The reason to use the CEO's salary was because he had the highest s
by 18pfsmt 14y ago
I'm not sure how you can call it "self-centered" as neither the founder nor myself were CEO. The reason to use the CEO's salary was because he had the highest salary.
If you want to use more realistic numbers, the engineers were paid $90-150k, and the CEO was paid ~$225k. We had about $1.8M revenue, but still not EBITDA profitable. To give even more data, this is Denver in 2006, at an embedded software/ hardware company.