DeAngelo (Lo)
39.7K posts

DeAngelo (Lo)
@drivenpay
Modernizing Public Payments With Driven 🚗🪪| @Techstars








In 3 years from December 2019 to December 2022, Block $XYZ more than tripled its headcount from 3,900 to 12,500. Unwinding less than half an insane COVID overhiring binge has much more to do with Jack Dorsey's managerial incompetence than whether AI is going to take your job.


How much should a startup CEO pay themselves? When my last co did $2m, I paid myself ~$24,000/year. At around $5m, I paid myself like $50,000. That was VERY stupid of me. Made me feel defensive, like money was scarce, and impatient for an exit. Very dumb. Very, very dumb. Had I known what I know now, I 100% would have paid myself much more. I legit felt poor and it made me make stupid decisions, even when the biz had +$1m in the bank account. We surveyed a bunch of members and asked them what they pay themselves. Ranges from companies with $0 revenue (but some funding) all the way up to $100m/year in rev. joinhampton.com/salary-report






