Mark Cuban Capped His Salary in This Expensive City
Channel: Startup to Storefront
Date: 18/04/2023

When Jason Wilk founded Allscreen TV, Mark Cuban was the lead investor.  But, it came with a cost.

Jason Wilk, and his co-founder, both had to cap their salaries at $30,000, despite living in San Francisco, one of the most expensive cities in the country.  

Unfortunately, this caused Jason Wilk to rack up a number of overdraft fees from his bank.  Frustrated, he remember this when he started his next company, Dave.

And yes, Mark Cuban did double down, and invest in Dave.  But, he didn't cap Jason Wilk's salary this time around. 

#podcast #podcasts #startup #startupcompany #losangeles #entrepreneurship #entrepreneurship #finance #financetips #overdraft #banking #businessinterview #markcuban

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