Alf: I don't believe Laura is overpaid. I am not sure the point of adding more dilution to her salary but I do think she should file a plan with the SEC to buy shares.
Is it unfair for a start-up CEO to make $60,000, and have millions in shares, before they have $1 in revenue?
No, for the same reason Laura is worth her base: no competent person would do it for less.
“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw