Remove Architecture Remove CTO Hire Remove Product Development Remove Salary
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A Tech Company without a CTO is like a Bakery without a Chef

Business Plan Blog

In order to be a successful tech startup, the team must consist of a Chief Technical Officer (CTO) level member to help with the technology plan. This is generally achieved in one of the following ways: CTO Level Co-Founder (Equity). CTO Level Board Member or dedicated Adviser (Free or Equity). CTO Employee (Salary).

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How much does it cost to build the world’s hottest startups?

The Next Web

Therefore, if you want to bring an MVP ( Minimum Viable Product ) to market, Werdelin approximates that you’ll need $50,000 to $250,000 , depending on the skill sets of the developers and designers you hire. Werdelin equates building a successful product to building a nightclub. times that amount in total costs.

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From Nothing To Something. How To Get There.

techcrunch.com

But six months in, you’re gonna cry when you see someone else put out that same product you’re pitching me right now. Like I said, forget everything else and just get your product out the door. Inevitably, the excuses begin: I need to hire people to build the product. I don’t know any developers. No phone system.