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a. yes, it can work for first timers probably. b. dividend is better in your case IMO. exits can take long and not many can afford 50% salary for a decade. but if you want early profitability this way your interests aligned.
re: b, at current market rates, 50% salary, even local market rate, in Texas is totally fine, which is a big reason for doing it down here.
well, for which job title? for a software engineer, yes. even in new york engineers forgo some salary to work at companies they like instead of banks. but i think we are kind of the exception, no?
Any kind of entrepreneur. We'll target local talent and people in high cost locations, invite them to come down and build a company in a friendlier environment, hopefully with some good advice. We would not limit ourselves to software. Physical products harder but can work.
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