Dinesh Kandanchatha

I make money by investing in capital gains against those investments in the form of either an exit through public markets or acquisition by a strategic or financial partner.

The other ways I make money is by actually operating.

That's the number one way I make money.

I also do some consulting work and board work, but that's mostly just investing.

That's just mostly to support the entrepreneurs and put a dollar beside it so that people don't ignore what I say.

Yeah, it depends on your structure.

You can either get paid per meeting, and it depends on whether you're an independent director or not.

Independent directors are typically paid for their time.

But if you're...

If you're a board member in a private company, you might have more responsibilities, some more operational responsibilities.

So that might be a retainer.

Usually it's a small retainer along with some equity position.

Yeah, I guess small is all relative.

So, you know, a thousand to five thousand bucks.

a month.

Um, and if you think about it, what you have to do is whatever you're getting paid, you have to generate 10 to 20 times that in value.

Otherwise you won't keep, you won't keep your seat.

So if you can't, if you're getting paid a thousand bucks a month, you better be able to generate $20,000 in either cost savings or revenue growth.

Um, and so, you know, most board guys are getting paid that plus maybe options and then range of, you know, thousands or even hundreds of thousands.

So you might pay a board member, you know,