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Do founders take salary from the Fund money?.
Ankit Gupta
5
•
1yr ago
If not, how do they sustain themselves?
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3
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Andrew Cook
Back SEO Marketing Software
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.
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1yr ago
Uma Venugopal
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.
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1yr ago
Daniel Zaitzow
Launching soon!
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.
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1yr ago
Peyt Spencer Dewar
Lyrist
Full time job sustains me currently 😂
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1yr ago
Back SEO Marketing Software