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A comment on Founder to CEO: How to build a great company from the ground up. Parent comment

Re:Founder to CEO: How to build a great company from the gro... by john_moscow on Tuesday July 03, 2018 @02:21AM (#17447980)
Because in the current market you can get yourself a better lifestyle burning through VC cash than by trying to get that cash from the paying customers.
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Re:Founder to CEO: How to build a great company from the gro... by jackgolding on Tuesday July 03, 2018 @02:25AM (#17447996)
We have a winner.

And even if you fail you write some blog posts, do the speaking circuit and end up with another high paying role in a startup, VC or a services company (Government, Co-working space, law firm...)

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Re:Founder to CEO: How to build a great company from the gro... by cncrnd on Tuesday July 03, 2018 @07:02AM (#17449149)
I thought the expectation was for VC funded CEOs to take low salaries. How often do they sell equity in fundraising rounds and/or take decent salaries (500k+)?
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Re:Founder to CEO: How to build a great company from the gro... by kolpa on Tuesday July 03, 2018 @06:49PM (#17454194)
> decent salaries (500k+)?

Oh, HN.

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Re:Founder to CEO: How to build a great company from the gro... by gadders on Tuesday July 03, 2018 @08:53AM (#17449716)
I think they are encouraged to in later rounds by some VCs: https://bothsidesofthetable.com/should-founders-be-allowed-t...
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Re:Founder to CEO: How to build a great company from the gro... by yawz on Wednesday July 04, 2018 @08:47PM (#17460223)
> take decent salaries (500k+)

Now, seeing this, I would totally settle for some "unsatisfactory" $450K. :)

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Re:Founder to CEO: How to build a great company from the gro... by cncrnd on Thursday July 05, 2018 @07:43PM (#17467827)
Heh. I mean decent for someone who has the skill to pull lots of VC money.

They are probably good at rising up the ladder in some company, that's a reasonable upper management salary for them there.

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