A person who is financially independent (of investor money or otherwise) enough to embark on a business without taking a salary is one who doesn't need investor money for his business anyway. That is, unless the goal is explicitly to have rocket growth and exit, lottery style (via IPO or acquisition).
On the other hand, businesses for which "rocket growth to a large exit" are feasible are not going to have their success hinge on whether the founders pay themselves a market salary once they have funding. So it seems to me the restriction you quote of an investor is more an assertion of power than a reasonable constraint.
On the other hand, businesses for which "rocket growth to a large exit" are feasible are not going to have their success hinge on whether the founders pay themselves a market salary once they have funding. So it seems to me the restriction you quote of an investor is more an assertion of power than a reasonable constraint.