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How much should founders pay themselves?

@charlieweaverswright

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Why it worked

The video addresses a common pain point for founders: how much they can pay themselves after securing funding. By providing a specific average salary figure (£49,000) based on real investment data, it offers concrete information that resonates with the target audience. The direct question at the end encourages engagement and discussion.

Summary

This video discusses founder salaries after venture capital funding, noting that the average salary across five investments was £49,000, regardless of the amount raised. It prompts viewers to consider if this amount is too low.

Structure

1Introduction to founder salaries post-VC funding
2Average salary based on recent investments
3Factors influencing salary (amount raised, personal situation)
4Examples of low vs. high funding rounds
5Question to the audience about salary adequacy

On-screen text

How much should founders pay themselves? Based on our last 5 investments 💰

Transcript

How much should founders pay themselves after they've raised venture capital? The last five investments we've made, the average founder salary was £49,000. It goes without saying that this in extreme cases, and sometimes even zero. If the founders don't even want to take a salary, sometimes they don't. It all depends on that founder's situation at the time that they raised the money. Now, some of these founders had raised very little money, maybe a couple of 100k, whereas some of the founders have actually raised upwards of £2 million. Yet the average founder salary was actually relatively consistent across all five businesses. So a question to you, do you think this is too little, or do you think founders should be paying themselves more?

Original caption

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