The article emphasizes the undervaluation of startup founders, who make, on average, $150,000, significantly less than private company CEOs. Studies find that founders earn about 20% less than non-founders in similar roles. This issue is more pronounced in early-stage startups where compensation can neglect due to lack of structure. A former founder and investor stresses the importance of addressing compensation early to prevent burnout and resentment. Advocating for fair pay is crucial as neglecting it could adversely affect both the founder's well-being and the company's success.
Running a startup is a grueling job, and founders deserve to be compensated justly for their efforts.
Studies have indicated that startup founders, on average, take home up to 20% less in cash compensation than non-founders in comparable corporate roles.
Neglecting founder compensation can lead to burnout and resentment, ultimately affecting both the founder and the company.
It's essential to advocate for your own compensation, especially in early-stage startups where pay can be overlooked.
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