Remove Cost Remove Equity Remove Part-Time VPE Remove Programming
article thumbnail

The Secret History of Minnesota Part 1: Engineering Research Associates

Steve Blank

Parker became President, and got 50% of the company’s equity for a $20,000 investment (equal to $315K today) and guaranteed a $200,000 line of credit (equal to $3M today). Norris became the VP of Engineering, Engstrom the VP of Research, and Meader VP of Manufacturing. Costing $250,000 ($3.2

Minnesota 281
article thumbnail

How To Find A Programmer To Build Your Startup Idea

socialmatchbox.com

The first part is the hardest part: hunting for a programmer. If you have a friend who is a recruiter then ask them to tell you what they recommend that will not cost anything. For the tech savvy this might include reading an intro book on programming. Be sure to post your opportunity here. at this stage.

article thumbnail

Startup Advice: When to Use a Consulting CTO

rapidrollout.wordpress.com

He or she might call himself a “consulting CTO,&# “freelance CTO,&# “on-demand CTO,&# “CTO on call,&# “CTO for hire,&# or just a “technology strategy advisor.&# If you find him, he’s gold, and not only because of his knowledge and experience.