Comment by ryguytilidie

I was thinking about this recently and I had a bit of a question. People used to always ask "wow why do founders get so much equity and dish so little out to employees?" and the answer would always be "because the founders takes all the risk". In the last few companies I work for, none were profitable, all had founders making 150k+, and all took at least 1m from our rounds out for themselves. It made me wonder where this supposed risk comes from and why VCs don't seem to mind founders paying themselves so much?