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?
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.
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.
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
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
Is the comp for Series A and B much higher? I’ve heard higher numbers
Yes, Series A onwards founders make bank in cash comp
About the series - Asking questions that you generally don't find answers easily or think they are too basic to be asked Idea originated here - https://share.gvine.app/utBVxDbxRZxLFgzS9
Expanding the question - Most founders have worked...
Looking for insights on stocks+cash package for a co founder role (handling all things non tech). The company has raised 1mil pre series.
Anupam Mittal was shocked to know that the founders of Nasher Miles take 5-7 lakhs per month per founder
Is that alot? What has been y'all experience?
