1messyworld@alien.topBtoStartups•As CTO what should my salary be after receiving seed round?English
1·
11 months agoOk, so one of my friends joined a startup, 3 people company where he is the CTO but not a cofounder. CEO and COO are the cofounders. CEO decided to give $230k to each one of them. When he was talking to VCs they asked him why he was drawing such a huge base salary as a cofounder? After that VC call he and the COO changed their salary to $40k. They are raising seed round of $3M.
This is a very sound advice 💯