Behind the glitz of multimillion-dollar funding rounds that define today’s unicorns are often years of founder sacrifices and barely-there paychecks. Kirill Bigai, the cofounder and CEO of online education marketplace Preply, paid himself virtually nothing for an entire year while getting his now $1.2 billion business off the ground.
“We agreed to not pay each other salaries, because we didn’t have a lot of capital,” Bigai tells Fortune. “We wanted to really make it successful. We had jobs on the side…But the majority of our time was still spent with Preply.”