How much should SaaS founders pay themselves?

A founder should be hungry. Hungry for success. These are the words of one VC investor who explained why a founder's salary cannot be low. At the same time, salary is the biggest cash burn in startups and scale-ups. So, how can we configure a salary model for founders who often subordinate their entire lives to running the company? We will discuss this during the first #GlobalSession organized by Product dots.

Christoph Janz, a partner at Berlin's Point Nine - a fund that has invested in companies such as Clio, Loom, Typeform, Zendesk, and DocPlanner - will be a guest of Product dots. The conversation will be moderated by Tomasz Karwatka, co-creator of Divante, Vue Storefront, and currently a serial investor as part of Catch the Tornado.

Agenda

9:00-9:30 AM

Fireside chat with Tomasz & Christoph. You will learn:

• What factors should influence the founder's salary at the pre-seed, seed, and A-series round? 
• Should all founders have the same salary? If not, on what basis should differences be established?
• How to approach raises among co-founders? 
• How often should the founder's salary be reviewed, and how to discuss a raise with the supervisory board?
• How to deal with a situation where a developer earns more than the founder?

9:30-10:00 AM

Q&A for participants

Who can participate in the session?

Founders, co-founders, and CEOs of tech product companies.

Participation conditions:

Admission is free, but registration is required.

Camera must be on during the session.

Organizer: 

Product dots

Do you have a question?

Write to us, we are happy to help: [email protected]