Do people normally lock in that low forever?
We're talking about triggers for going up to an agreed upon market++ salary with next fundraising round, or some significant sales for our product, etc.
We're talking about triggers for going up to an agreed upon market++ salary with next fundraising round, or some significant sales for our product, etc.
It's in your favour that the founders have had startups/exits before (fundraising will be easier) but funding still takes months to close and you still need to ship a product before you even get to that point.
I imagine you'll be hiring other employees too which increases the strain.