Comment on Ask HN: Why don't VCs just "suck it up" and pay founders a competitive salary?Comments−sshine2yI joined a startup as the first employee. One year and €1M in VC spend later, and they were in a cashflow problem.You can definitely give yourself a too high salary as founder.I’ve learned that I’d make that money stretch a lot longer.
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I joined a startup as the first employee. One year and €1M in VC spend later, and they were in a cashflow problem.
You can definitely give yourself a too high salary as founder.
I’ve learned that I’d make that money stretch a lot longer.