I fully agree with this. It’s not being “communistic” at all to pay a founder with kids a bit more. Rather, it’s about making sure he or she can actually focus on the business and outsource life’s overheads as necessary.
Investors should take the time to look at a founder’s life circumstances, and set their pay to optimize time-at-work, even going so far as to pay a nanny and house keeper directly to ensure the founder isn’t wasting precious hours on household chores.
Investors should take the time to look at a founder’s life circumstances, and set their pay to optimize time-at-work, even going so far as to pay a nanny and house keeper directly to ensure the founder isn’t wasting precious hours on household chores.