How much salary should a full-time founder, previously earning ₹20 lakhs annually, take from their startup after raising ₹1 crore in angel investment?
Or should they forgo a salary entirely to maximize the runway?
Almost closed 80% target of a Pre-Series A round with some veteran angels and HNIs Paperwork is on.
Now got to fill up the 20%, i.e. 1.6 Crores.
Conversations started really slow at first, and tumbled down faster in a delightful way. 😌
2 replies4 likes
Harsh Varun
Creating Something N... • 6m
If I'm starting a startup/business and I've enough but limited funds then I should hire people on salary or partner with those people with profit share. Mujhe kis cheej pe focus krna chaiye?
11 replies6 likes
Venktesh R
•
VENZPIRE • 11m
Don’t try to go fast when building a startup.
Take it slow and enjoy the process.
Fast doesn’t guarantee consistency but being slow and steady does.
If you wanna raise funding and flex, that’s a different story 😄
2 replies3 likes
SHIV DIXIT
CHAIRMAN - BITE INDU... • 8m
Professional Business Concepts— 3
“ Business Hibernation Strategy ”
Business Hibernation is same as animal hibernation , in this process you just need to survive the period of huge problems and Competition. In this process you need to cut few thi
Perhaps it is a sample bias but I now know 5 people personally who have 15-20 years of experience but are unemployed for 6+ months or took a massive salary cut.
40s are turning out to be hard for a lot of people on the career front.
AI's growing so fast, we're all like, 'Whoa, slow down, buddy!' But seriously, these advancements are changing the world faster than a chameleon changes colors. From healthcare to entertainment, AI's got its digital tentacles in everything. After all