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:
Do you have a question?
Write to us, we are happy to help: [email protected]
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