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That is a very bad strategy.... You should study or read up on startup stories. It's risk management.
by ttrreeww 14y ago
That is a very bad strategy.... You should study or read up on startup stories.
It's risk management.
- tonystubblebine 14y agoExactly. There's a time element to this. It takes 7-11 years for a startup to go public. Your life changes during that time and so does the relative impact of your salary on runway.
- ameister14 14y ago7-11 years for a startup to go public, but how long to reach profitability to the point where an increase in salary won't affect that profitability? If it takes 7-11 years for that, you're probably not in the right business. It's not about the amount you raise, it's about what stage your company is in. That's my real point there.