User Power
Value/Post Ratio
89%
- Oct 18, 2014
- 372
- 331
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Alright, so we are getting ready to go for funding, and the founder wants a HUGE salary --150k. from the get go.
long story short, he doesnt know much about startups, he just has a great idea.
he says that he heard that a cutoff on salary for a startup founder should be no more than 150k so he will just go from there.
i feel like thats a problem. from my research, i saw that a startup founder should first start with 50k.
i have equity in this as well.
1) is this a potential problem?
2) if yes, how should i go about this situation in terms of approaching him and having a conversation about it? he listens to opinions and advice...but i dont think he understands them well...
long story short, he doesnt know much about startups, he just has a great idea.
he says that he heard that a cutoff on salary for a startup founder should be no more than 150k so he will just go from there.
i feel like thats a problem. from my research, i saw that a startup founder should first start with 50k.
i have equity in this as well.
1) is this a potential problem?
2) if yes, how should i go about this situation in terms of approaching him and having a conversation about it? he listens to opinions and advice...but i dont think he understands them well...
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