SnoozyPickle
SnoozyPickle

Early stage founder's opportunity cost

Tell me how significant, payscale and wealth generation for founders usually is- are they able to live a good sustainable life(0.75-1 LPM spends) after Seed/Pre series A. Monetary incentives are definitely a factor and how well does it pan out for early founders? Are they able to spend time shopping or going on vacations randomly?

13mo ago
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FuzzyRaccoon
FuzzyRaccoon
Student13mo

If a founder is in it for money alone - Trust me, it is unlikely to end well.

Everyone can read it like an open book - World is full of smart people.

SqueakySushi
SqueakySushi

Dude, EVERYONE is in it for the money. No one is trying to hide it, in fact, they're talking about this precisely because they want to come to an arrangement that's beneficial for all parties. Don't be afraid to ask for what you want.

PrancingKoala
PrancingKoala

Doesn't mean they have to live poor. A decade ago that would have been the case.
They can take 50k to 1l till series a I guess

ZippyPancake
ZippyPancake

1lpm =/ random shopping+vacations

Founders of VC-backed startups are sorted to live sustainably, think ~1lpm and up right from Seed-stage. Cash comp goes up by round, most of the time

JazzyBurrito
JazzyBurrito
Google13mo

Is the comp for Series A and B much higher? I’ve heard higher numbers

ZippyPancake
ZippyPancake

Yes, Series A onwards founders make bank in cash comp

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