I would assume these gentleman hackers are smart enough to realize that you don't use the same compensation structure for a maybe-profit company with no business model as for a for-profit startup. I hope Arrington is just speculating (incorrectly) in this case and these "gentlemen" aren't drastically underpaying their employees.
It doesn't sound very gentlemanly to me to be rich enough that you've decided to open a business just to screw around (hence force referred to as "the club house") but to target employees that are young and dumb (tm) enough to accept little to no compensation while you drive your SL class into the office every day. If you can afford to pay a baseline wage but seek not to it's just a type of exploitation.