TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Ask HN: What is a good lead founder's salary?

18 pointsby stevejobsalmost 15 years ago
If one obtains a seed round of funding, how much should go to pay the founder's salary versus other needs?

4 comments

dillydallyalmost 15 years ago
As little as possible. You want every bit of free cash to be going back into the company.<p>The difference between a $75k and a $150k salary is an extra employee.<p>Peter Thiel has gone so far as to say that the best predictor of startup success is a low CEO salary.
评论 #1575139 未加载
sabjalmost 15 years ago
Har har, nice try Steve.<p>In seriousness, I find this a curious thought experiment too. Obviously, minimum salary at first makes perfect sense. But let's say that there is a successful business with good cash flow -- what then? One doesn't want to appear gauche, but it's good to allow the founder to lead a more full life a little bit, same idea as allowing for liquidity events in subsequent rounds of financing, right?
harscoatalmost 15 years ago
before you really get financial traction (from paying users) it should be low (imho around the 50k) as you set the expectations for the rest of the team. One way to still get some cash upfront after the seedround closing is to have in your seed agreement that the company's debt twds you (the amount you invested either in cash or salary not paid) be repaid in a slump sum. You could do the same after the seed: salary should be 80k but you just get 50 and the rest will be repaid as debt owed when Series A comes in.
评论 #1571029 未加载
keefealmost 15 years ago
pay minimum living expenses with a little cushion to be safe?
评论 #1570329 未加载