Stealth • 2d
How much salary should a founder take at the beginning of a startup after receiving some funding?
This totally depends on size of your comapany.
Just to meet your personal expenses and live basic living
Like I feel initially founder's should will not get big salary but when they grow then they will get including 5 employees
•
Wipro • 2d
About a lakh should be enough
Basic salary to survive. Funding is not for the founders, it is for the startup to achieve its goals.
Null
Is it allowed to draw salary from Seed round ?
[This post has been deleted by the creator]
Equal to his/her essential expenses. Just it Nothing more Nothing less. Note that essential expenses do not include expensive suits and watches for power dynamics in board meetings. Grow up. Even if you want those items, you should still take the lowest possible amount from the balance sheet of company because you are going to make millions, not your employees.
If the founders need are fullfilled with previous then no need. Ultimately that money will be used in YOUR company. Think of it like an stock investment
Very subjective. Bare minimum to have a basic lifestyle.
I think he shouldnt take any
Founder should not pay themselves lakhs and all..especially if they are not first time founder
1-5 lakh would be my estimation 😁🫰
Depends where it’s set up, how much they used to earn, what kind of family req they might have
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