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A comment on Oxide pays all employees $191,227 (Bay Area startup). Parent comment

Re:Oxide pays all employees $191,227 (Bay Area startup) by ClumsyPilot on Tuesday March 14, 2023 @07:46PM (#35161276)
Has this ever happened in real life?
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Re:Oxide pays all employees $191,227 (Bay Area startup) by nrp on Tuesday March 14, 2023 @07:51PM (#35161378)
We’re trading anecdotes here, but in all of the Series A and earlier startups I’m familiar with, the Founder/CEO is the the lowest paid person in the company. I would assume that non-Founder CEOs being hired in would typically be the highest paid individuals though.
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Re:Oxide pays all employees $191,227 (Bay Area startup) by zamnos on Tuesday March 14, 2023 @07:53PM (#35161402)
There are headlines where the CEO takes $1 in salary, but realistically those are few and far between, and the CEO is usually well compensated in stock options and company jet usage.

https://en.wikipedia.org/wiki/One-dollar_salary

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Re:Oxide pays all employees $191,227 (Bay Area startup) by lanstein on Tuesday March 14, 2023 @08:27PM (#35161839)
Our employees make several x what our founders make.
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Re:Oxide pays all employees $191,227 (Bay Area startup) by AbrahamParangi on Tuesday March 14, 2023 @07:47PM (#35161309)
It is fairly common for CEOs at pre-scale startups to pay themselves just enough to live on.
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Re:Oxide pays all employees $191,227 (Bay Area startup) by zamnos on Tuesday March 14, 2023 @07:54PM (#35161413)
To be concrete, I've heard numbers like $50k being thrown around.
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