How much should founders pay themselves? It of course depends on the financial health of the business and the founders personal situation. From the last 5 companies we invested in, the founders paid themselves an average of £49,000 per year. #founder #salary #startup #business #venturecapital

Entrepreneurs On IG on Instagram: "Sam Altman is the CEO of OpenAI and former president of Y Combinator. During his time at YC, he evaluated thousands of startups and founders, gaining deep insights into what drives success. One piece of advice he often shares with founders is to focus on the smallest viable market first, where they can dominate quickly and achieve product-market fit. This niche strategy lets startups iterate fast with passionate early users, avoiding the pitfalls of chasing mas