Remove Cost Remove Founder Remove Fractional CTO Remove Vesting
article thumbnail

Should You Share Equity with Consultants?

www.inc.com

Should You Share Equity with Consultants? Science and Technology Technology. Back in 1997, Randy Parker was staring at a blank whiteboard, wondering where hed find the money to hire the employees and consultants he needed to build his new product. "We The 2011 Inc. 500|5000 List. The 2011 Top Lists. 500|5000 Conference.

article thumbnail

A Part-Time CTO - In-House or Outsource?

blog.aparttimecto.com

A Part-Time CTO Technology. Unless you’re fortunate to have one or more technical founders, you’ll quickly be faced with this simple question: Do we hack out a prototype somehow, find a developer or outsource the development? Cons: Cost - Most development shops work on a cash basis. In Plain English.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. What are the terms of their relationship with the founder? They’re typically pursuing a foundry/studio model. What are the timelines?

article thumbnail

Startup Lessons for the Proto-Founder

www.metamorphblog.com

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. You need a Co-Founder, not an Engineering Bitch. Treat everyone you hire like a co-founder. Tiny, contracting market.

Founder 51
article thumbnail

Why is there such a large founder to early employee equity drop-off? - Quora

www.quora.com

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? The real question here is: why is it fair for founders to get so much more?

Equity 40
article thumbnail

Why Startups Fail - 20 Top Reasons Gleaned from 32 Startup Failure Post-Mortems

www.chubbybrain.com

After a thorough analysis of those 32 start-up post-mortems, we have determined the common reasons founders gave to compile this list of the top 20 ways to have your startup fail. Work life balance is not something that startup founders often get and so the risk of burning out is high. 13 – Disharmony with Investors/Co-founders.

article thumbnail

CEO Friday: Why we don’t hire.NET programmers

blog.expensify.com

Do a curl (or your.NET equivalent) on each domain, and see how many are running a Windows server: I think you’ll find the fraction very small. Shame on you for spinning your desire for junior developers as being solely related to cost. Nothing says contraction negotiation like the smell of cordite. originalgeek.

Java 107