News for hackers. Stuff that matters.
Re:Ask HN: Board Seats and salaries by relaunched on Monday January 21, 2013 @02:16AM (#5090360)
It is highly unusual for an early stage board member to take cash out of the business, b/c every dollar is critical early on. However, it's not unusual for them to have travel to board meetings reimbursed. However, it's up to the company to set the policy regarding travel cost, hotel, etc.

It's worth noting that mature companies often pay board members in cash, equity or both.

Re:Ask HN: Board Seats and salaries by kcodey on Monday January 21, 2013 @09:46AM (#5091663)
Thanks.. that was my thinking, often larger companies have paid board seats, was wondering if it was the same with start ups.

Thanks!