Founder Compensation Data & Trends for Angel-funded Companies - Boston Search Group Blog, by Clark Waterfall, May 19, 2010

http://bit.ly/c9Z5nB

One of the many challenges for early-stage technology and
science-driven companies revolves around compensation for founders. 
When a start-up is created, how do those there at the beginning get
compensated?  When there isn’t any cash in the bank yet, and
there may be a period of time where products are in development, do
founders get compensated, and if so, how?  When angel investors seed the
company, what happens then? Founders usually will get cash
compensation, but perhaps not at the same levels as when the company
later gets venture capital funding.

We were asked by one of our clients to help determine appropriate
compensation parameters for an angel-funded enterprise.  From this,
there were clear norms that emerged–http://bit.ly/c9Z5nB