Early-Stage Founders: Navigating Salaries and Executive Assistants to Impress VCs

Early-Stage Founders: Navigating Salaries and Executive Assistants to Impress VCs
Venture capitalist Jenny Fielding sparked a lively debate on X regarding the use of executive assistants by early-stage founders. While some suggested AI assistants, she stressed the importance of cash management during critical startup phases. Fielding emphasized that founders should focus on product development rather than hiring expensive roles like COO or CFO at pre-seed stages. Excessive salaries, such as $300,000 for founders, can jeopardize funding opportunities, as prudent salary ranges are recommended between $85,000 and $125,000. VCs are closely monitoring these financial decisions as companies seek future funding.