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This is standard now, so that the founder can buy a Tesla and a house and get focused on the long term to maximize the company without taking the first buyout. Employees job is to do the work, trust them to understand. Don't buy a Ferrari and you'll be fine.

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No one pays employees enough to buy houses; it’s pretty surprising that you don’t have to make a successful exit to earn that much as a founder.

The bottleneck to making more money isn't directly employees, it's leadership. Market wins.

This would imply that EMs and Directors at bigger corporations are making that kind of money. Far as I can tell, they aren’t.

Depends on where you live. There are lots of places in the U.S. where you can buy a house on a developer's salary. Not all startups are located in areas where the cost of real estate is ridiculously high.

We’re talking about startups, it should be pretty clear what geography is implied. You can live in those places but getting VC funding in one of them is an anachronism if it’s possible at all.

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