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It is definitely a problem when founders spend their time tweaking code instead of making something people want. But this problem is almost entirely unrelated t
by pg 17y ago
It is definitely a problem when founders spend their time tweaking code instead of making something people want. But this problem is almost entirely unrelated to the question of how much salary founders should take. Artificially shortening the startup's runway by paying unnecessarily large amounts of its cash to the founders is a perversely roundabout solution.
- sachinag 17y agoI think you've mischaracterized my argument. I've not said anything about amount here - my position (farther down, I think) is that founders should pay themselves merely the minimum salary required to qualify for group health insurance. (Usually, it takes two employees, at least in most states.) I'm pretty sure that we actually agree about this, generally; my point is that having a sense of urgency that comes about from recognizing that the company is unprofitable due to salary expenses has, in my limited experience, done wonders to get people off of needless "optimizations" and onto making stuff people want.