India, May 25 -- As an investor in over 100 startups, Aditya Arora knows a thing or two about founders and finances. In a recent LinkedIn post, he explained why a Bengaluru founder drawing a salary of just Rs.50,000 per month is not admirable, but foolish.

While many may praise the unnamed founder for not 'overspending' or living frugally, Arora holds a different view. In his LinkedIn post, the CEO of Faad Capital argued that entrepreneurs who are constantly worrying about money cannot give their all to their companies. In the long run, their frugality becomes short-sightedness.

"A founder I met last week pitching for Series A pays himself Rs.50,000 a month. His company has Rs.5 crore in the bank," Arora wrote.

"He thinks underpaying h...