Re:Ask HN: Sources to determine "reasonable compensation?" f...
by tptacek on Monday December 29, 2008 @04:26PM
(#413480)
There are two extreme data points you're getting here:
(1) The absolute lowest number people think you could get away with.
(2) The ridiculous numbers awarded to vanity CEOs of VC-funded companies.
You probably want to be somewhere in the middle. There's no rule about what a "CEO" makes; you're compensated based on the value you create in the company. If you do the same work as a lead developer, pay yourself like a bare-bones startup would pay a lead developer.
Web companies pay CEOs 200k because they're suckers.
(1) The absolute lowest number people think you could get away with.
(2) The ridiculous numbers awarded to vanity CEOs of VC-funded companies.
You probably want to be somewhere in the middle. There's no rule about what a "CEO" makes; you're compensated based on the value you create in the company. If you do the same work as a lead developer, pay yourself like a bare-bones startup would pay a lead developer.
Web companies pay CEOs 200k because they're suckers.