How Much Do Founders Pay Themselves?

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On average, startup founders from the United Kingdom are giving themselves higher salaries — around £15k more than their European counterparts. Reshma Sohoni posits this is because of two things: London’s higher cost of living and the average UK founder’s background. Most UK startups are concentrated around London, which is more expensive to live in. Aside from that, UK founders may think they deserve a higher salary because many of them come from business backgrounds with bigger compensations. Read full article here

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