I have written about this notion previously, but I feel the need to reiterate what was said in these changing times.
Here is the premise: When a founder starts a company, there is often not never enough funding to pay the founder for her hard work.
This is the harsh reality of the startup money racket. Continue reading
Big Red Car here musing about how founders can get paid for the uncompensated work they do in launching their business.
A startup may cycle through bootstrapping, friends & family, angels, syndicated angels, seed VC funding, Series A/B/C/D funding.
At some time, they will be able to pay themselves some kind of living wage – the question is when?
Today, the Big Red Car shares an idea whose time has come: the Founder Note Receivable.
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