Re:Another reason many startup founders are young - salary
by vegashacker on Tuesday September 25, 2007 @03:45PM
(#59522)
Not speaking from experience, but I believe that it's very common for founders to pay themselves a modest salary once they have received funding.
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Re:Another reason many startup founders are young - salary
by jsjenkins168 on Tuesday September 25, 2007 @05:42PM
(#59572)
I could see that being the case, especially after VC funding. I guess I would just personally have a problem with that, knowing I was increasing the burn rate of the company I'm trying to build. That money could be used to hire another good hacker.
But I'm not speaking from experience either.