It's typically discouraged for startup founders to pay themselves very high salaries. Box isn't a startup any more, but compensation of $189k (not $155k, notice

It's typically discouraged for startup founders to pay themselves very high salaries. Box isn't a startup any more, but compensation of $189k (not $155k, notice the cash bonus) doesn't seem bad for a young company losing over $100M per year. As others have said, he may have cashed out options along the way as well. Keep in mind, he was paid ~$2M in stock options in 2013, and owns 4% of shares overall. The IPO will make the other executives/shareholders very wealthy. Box likely had this IPO in its sights for a while, so that probably made it easier to take home "just" $189k.