where does the funding come from? if it's from investors, then wont' you have already allocated a portion of the funds they are investing towards salaries up front?
On Mon, Jul 18, 2011 at 3:03 PM, Geoff McQueen < [email protected]> wrote: > Yeah, that sounds about right. Guess it really depends on the expectations > of the investors... > > > On Mon, Jul 18, 2011 at 15:00, Vamsi Gullapalli <[email protected]>wrote: > >> Here's a question for all the founder's and angel investers. >> >> How much salary is reasonable for a founder to pay themselves in the >> first year when they have no revenue, some funding but hope to be cash >> flow positive in 18 months. >> >> Does $50K sound right if you are working full time on the project? >> >> -- >> You received this message because you are subscribed to the Silicon Beach >> Australia mailing list. >> >> Guidelines on discussion: >> http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den >> >> No lurkers! It is expected that you introduce yourself. >> >> To post to this group, send email to >> [email protected] >> To unsubscribe from this group, send email to >> [email protected] >> For more options, visit this group at >> http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en >> > > > > -- > Geoff McQueen > Founder & CEO > Hiive Systems > > Phone: 1.877.425.7315 (US) - 1800 2 44483 (AU) > Cell/Mobile: 650.450.4384 (US) - 0414.678.466 (AU) > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. > > Guidelines on discussion: > http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den > > No lurkers! It is expected that you introduce yourself. > > To post to this group, send email to > [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- Dan Purchas GradConnection 044 909 7781 www.gradconnection.com.au -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
