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What is a CTO?

Austin Startup

Ideally, they will help you understand technology ROI, innovation accounting, and also help you understand where you can cut costs and where you need to invest. If outward facing, they will attend important sales calls and speak to the technology strategy and vision. They will review and negotiate all related contracts.

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9 Austin Startup Week Sessions at Capital Factory That Blew Us Away

Austin Startup

As the cost of starting a company goes down over time, VC’s have become more than just money providers— they also help entrepreneurs gain customers and grow their teams. The unit cost fell and this idea of pay as you go. Scott advises that when you pick investors, you have to have compatible alignments and incentives.