What most people don't realize is that, working in a startup, he probably holds a large amount of equities. When/If there is an exit, he will cash out a LOT mo

What most people don't realize is that, working in a startup, he probably holds a large amount of equities. When/If there is an exit, he will cash out a LOT more than his employees. That's his real 'bonus'. In Wall Street/corporations, executives are less prone to have exits so they give themselves tremendous bonuses. A totally different case.