π° Founder Compensation¶
Our Commitment to Transparency¶
At brax, we believe in radical transparencyβespecially when it comes to compensation. This extends to our founders. By openly sharing founder salaries, we demonstrate our commitment to fairness, accountability, and building trust within our community.
Why We Share Founder Compensation¶
Transparency builds trust. When everyone knows what founders earn, it eliminates speculation, builds confidence in our compensation philosophy, and demonstrates that we hold ourselves to the same standards we expect from our team.
Our principles:
- Lead by example: Founders practice the same transparency we expect from everyone
- Fair compensation: Founders are compensated reasonably, not excessively
- Aligned incentives: The majority of founder wealth comes from company success, not salary
- Reinvestment mindset: Modest salaries allow more resources for team growth and product development
Current Founder Salaries¶
| Founder | Role | Annual Salary |
|---|---|---|
| Dominic Gingras | CEO | tbd |
| Robert Braxman | Product & Advocacy | tbd |
| Plamen Todorov | Product Management | tbd |
Note: Founder salaries are reviewed annually and adjusted based on company performance, market conditions, and financial sustainability. Any changes will be communicated transparently to the team.
Compensation Philosophy¶
For Founders¶
Founder compensation at brax follows these guidelines:
- Market-aligned, not market-leading β Salaries reflect industry standards for similar-stage companies
- Equity-focused β The bulk of founder wealth is tied to long-term company success
- Sustainable β Salaries balance personal needs with company financial health
- Performance-linked β Compensation adjusts based on company milestones and growth
How This Compares to Team Compensation¶
- Founders follow the same benefits structure as all employees
- No special perks or privileges beyond standard team benefits
- Bonus structures tied to company-wide performance metrics
- Stock options vest on the same schedule as team equity grants
Transparency in Action¶
What you can expect: - Annual updates on founder compensation posted here - Open discussion during all-hands meetings - Questions welcomed through your manager or People Operations - Clear rationale for any compensation changes
What transparency means for you: - Confidence that resources are allocated fairly - Assurance that founders are invested in long-term success - Evidence that our values are lived, not just stated - A model of openness that extends throughout the organization
Frequently Asked Questions¶
Why do founders take a salary at all?¶
While founders have significant equity upside, they also need to cover living expenses and focus full-time on building the company. A reasonable salary ensures founders can dedicate themselves to brax without financial stress.
How do founder salaries compare to the team?¶
Founder salaries are typically in line with senior leadership positions. The key difference is that founders hold significantly more equity and thus more long-term financial risk and reward.
Will founder salaries increase over time?¶
Founder salaries may adjust as the company grows and becomes financially sustainable. Any changes will be modest, market-appropriate, and transparently communicated.
Who decides founder compensation?¶
Founder compensation is approved by the Board of Directors and reviewed annually based on company performance, market benchmarks, and financial health.
Questions?¶
We encourage open dialogue about compensation. If you have questions about founder salaries or our compensation philosophy:
- Discuss with your manager
- Reach out to People Operations
- Bring it up during all-hands Q&A sessions
Transparency works both waysβwe're always open to feedback and discussion.
Our commitment: Founder compensation will always reflect our values of fairness, transparency, and long-term thinking. We succeed together, and compensation at every level should reflect that shared journey.