why are VC's taking 200-300k+ as salaries when founders are expected to subsist on just above avg wage or around 100k?
As wealth changes hands over time, this expectation may change.
The startup world isn't encouraging of founders who take high salaries or who take money off the table..
Some of this exorbitant salaries could have been paid to extend the runaway of key startups and generate better returns.
Surely the Lp's should look at such high salaries as exorbitant..
[0] - Secret App that has since closed shop