Founders office role compensation

And there's the resident a hole of grapevine

Yes! They're f***ing useless.

What !!?🤯 just to manage employees and read/manage Emails !??

And listen to all the bullshit, make business plans, GTM strategies, hire across department, becoming a pseudo HR cum admin. Fuckall work life balance so yeah

But if it’s a small fund, lower funded amount - could even be lower than this

It depends on stage of the startup. For Seed - series B - It's basically a growth/strategic partnership role, identifying new segments and business strategy. - Ideally it should not exist at this stage and Founder should have more involvement Series B + - When the team size expands, it can serve various purpose 1. Take on the new 0-1 initiative and try to experiment with them or build a function 2. Act as a generalist in different functions, identify the problems and report your observations back to the founder - It could be Hiring, Product, Sales, Ops 3. Help the founder in raising capital. You can get better idea from this podcast https://spotify.link/ncfpbO2z7Cb