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Cake day: October 29th, 2023

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  • I’ve been cto/co-founder of 4 vc backed startups that have each raised $3-5m seeds and each sold for varying levels of success. Expect a salary around $150k and increasing a bit each time you raise. Your investors will want your incentive to be with your equity, so don’t expect a salary anywhere comparable to market rate until the company is growth stage and profitable. Any salary over $150k typically also has to be approved by the board. Our seed investors always took a board seat, but that’s not always the case.