2 ms·
We're a three-person, three month old startup and we started paying ourselves as soon as we quit our day jobs. (It helped that we managed to get a client for th
by narendranag 17y ago
We're a three-person, three month old startup and we started paying ourselves as soon as we quit our day jobs. (It helped that we managed to get a client for the base version of our product (a web based app) in the first month itself.) At the moment, two of us have quit our jobs and the third is hanging on to his while we code-code-code.
However, we do have salary bands -- bare survival money, doing well money and bring it on money. Currently we're withdrawing survival money. We're hoping to change that pretty quick by spending all our time coding and getting our product out pronto :)
- icey 17y agoOut of curiosity, is your ownership split evenly in to thirds? Or does guy #3 hold a smaller piece of the pie since he isn't taking as much risk on as the other two?