Remove 1997 Remove Hiring Remove Internet Remove Salary
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Should You Really be a Startup Entrepreneur?

Both Sides of the Table

Low salary. The truth is that in my experience very, very few people really enjoy the “pure&# startup environment: months with no salary, months with no live product and lots of trial, error & rejection. It was 2002 – the “dog days&# of the Internet and we were running out of cash. Long hours. High stress.

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My story and support for the Founders Visa

K9 Ventures

couldn’t draw a salary). The latter was fine by me since there was no money in the company for me to draw a salary any way. I graduated from Carnegie Mellon in 1997 and decided to use my OPT to give the company a proper shot. I hired my TA as my first employee and paid him $12.50 I formed SneakerLabs, Inc.

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Building a Great Startup Board: Pt 1

Reid Hoffman

With his usual awesome first principles focus, my friend Reed Hastings has articulated that the fundamental responsibility of the board is to hire, fire, and compensate the CEO. For example, I frequently tell people that hiring a CEO is an activity that usually has–at best–a.500 You rarely can find that quality in a hired gun.

Startup 36
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Should You Really be a Startup Entrepreneur?

Both Sides of the Table

Low salary. The truth is that in my experience very, very few people really enjoy the “pure&# startup environment: months with no salary, months with no live product and lots of trial, error & rejection. It was 2002 – the “dog days&# of the Internet and we were running out of cash. Long hours. High stress.