What salary does the founder of your favorite startup get?
1–10 of 89 posts
Re: What salary does the founder of your favorite startup get?
#2Well... my favorite startup is Fogbeam Labs, and I get a salary of a whopping $0.00 / year. :-(
Re: What salary does the founder of your favorite startup get?
#3Well... my favorite startup is Fogbeam Labs, and I get a salary of a whopping $0.00 / year. :-(
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Re: What salary does the founder of your favorite startup get?
#4Re: What salary does the founder of your favorite startup get?
#5I wonder if there are similar statistics for NYC? I'd guess pretty similar to London.
Re: What salary does the founder of your favorite startup get?
#6This may be more interesting if it were split into startups that make money vs startups that don't / have funding or don't have funding.
Re: What salary does the founder of your favorite startup get?
#7Re: What salary does the founder of your favorite startup get?
#8I've always heard that a founder's salary should be the amount that allows the founder to focus on the business. The concept of a super low salary seems to be focused on the 20 something single crowd. I have a family to support, so I can't take a super small salary and eat Top Ramen. This may be a subtle way that older founders are discriminated against. The story I've heard from founders who have families is that they have a savings from a previous business that they are tapping into to make up the difference, or their spouse is carrying the majority of the family burden. Neither of these situations are mine and I'm sure I'm not the only one.
Re: What salary does the founder of your favorite startup get?
#9I suspect many founders of profitable non VC funded startups have small salaries and instead "pay" themselves through dividends as it can have tax advantages which might color the value of such graphs. That said, I believe such companies aren't always considered "startups" around these parts for some reason but that can be hazy when it comes to other people's surveys.
Re: What salary does the founder of your favorite startup get?
#10Well... my favorite startup is Fogbeam Labs, and I get a salary of a whopping $0.00 / year. :-(
I guess according to Thiel, your startup should be infinitely successful?