Peter Thiel, co-founder of Pay Pal and current president of Clarium Capital, is giving his fellow entrepreneurs—especially the new ones—some advice.
According to the venture capitalist, nothing more than $150,000 is the ideal starting salary for a start-up chief executive. “Less than $150,000,” even, he stated. “[It’s about] setting the right tone for the company and you always want to get to this question of motivation – do people actually believe in what they’re doing?”
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Photo credit: Markham Johnson