Third rule: make sure ownership, possession and control are aligned. "Bonuses and cash salaries produce opportunities for misalignment. Salary caps are very important. A categorical rule of thumb that Founders Fund has developed is that no CEO should be paid more than $150,000 per year."
More: http://www.inc.com/jessica-stillman/peter-thiel-3-rules-for-starting-a-business.html
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