3 ms·
Very informative interview. It definitely shows PGs enthusiam for YC and does a nice job of explaining the rationale behind the company. Question, for a YC fu
by ChrisJ 19y ago
Very informative interview. It definitely shows PGs enthusiam for YC and does a nice job of explaining the rationale behind the company.
Question, for a YC funded company that gets picked up after demo day, what would the average salary of the co-founders be in comparision to someone with comparable experience working in industry (i.e. "in a cubicle)? adf471587879rzq
- pg 19y agoAs founders you want your salaries to be as low as possible. You've raised x amount of money by selling some of your stock. Every dollar of that that you pay yourself in salary is a dollar that doesn't go toward making the company succeed. And the big payoff for you as a founder is in the company succeeding. People don't start startups to make money from salary. Investors are usually fine with you making, say, 70% of what you'd make on the open market. But it's in your interest to take less if you can. At Viaweb I made less than half what the COO did.