Here's an academic article on the pay for entrepreneurs backed by VCs: http://www.stanford.edu/~rehall/HallWoodward6.pdf http://www.stanford.edu/~rehall/HallWo

Here's an academic article on the pay for entrepreneurs backed by VCs: http://www.stanford.edu/~rehall/HallWoodward6.pdf http://www.stanford.edu/~rehall/HallWoodward6.pdf High average returns driven by huge exits and most entrepreneurs earn 0.