Do founders take salary from the Fund money?.

Question

If not, how do they sustain themselves?

Uma Venugopal · Accepted Answer

Usually, yes. Even if you're a founder, you're still an employee to your company so whatever best fits your mental framework of being compensated.

Andrew Cook · Answer

They can either choose to take a salary, hourly, or pay themselves $1 to fit salary requirement laws then live off of debt by leveraging the company.

Peyt Spencer Dewar · Answer

Full time job sustains me currently 😂

Daniel Zaitzow · Answer

Some take a profit share - some take a small salary - some take a large salary - some take dividend payments out of the company revenue.

Very much case by case.

Andrew Cook · Answer

I am not a financial advisor nor am I an accountant or anything of the sort.

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