Kimmel: Only head coder receives cash; rest of team takes equity
Mike Kimmel · What happens when a PHD professor in analytics launches a SaaS company? · Feb 14, 2023 · at 3:20
Mike Kimmel, founder of PriceSymmetrics, explains how the pre-revenue startup compensates its ten-person team.
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“We have one person getting paid right now, and that's our head coder. We basically are bootstrapping right now, although we are looking to raise money. The rest of the team is working on equity.”
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