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Not speaking from experience, but I believe that it's very common for founders to pay themselves a modest salary once they have received funding.
by vegashacker 19y ago
Not speaking from experience, but I believe that it's very common for founders to pay themselves a modest salary once they have received funding.
- jsjenkins168 19y agoI could see that being the case, especially after VC funding. I guess I would just personally have a problem with that, knowing I was increasing the burn rate of the company I'm trying to build. That money could be used to hire another good hacker. But I'm not speaking from experience either.
- steve 19y agoYou could burn yourself out much faster with a $0 salary over a number of years though.