SoCal CTO

SEPTEMBER 27, 2011

For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. For example, suppose you're just two founders and you want to hire an additional hacker who's so good you feel he'll increase the average outcome of the whole company by 20%. n = (1.2 - 1)/1.2 =.167. and we have 11.1%

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

Both Sides of the Table

SEPTEMBER 17, 2011

One great solution I see is to hire an outstanding CFO who runs both. I usually encourage people to think about titles like, “Founder & CTO&# or “Founder & VP Marketing.&#. Focus the most senior person in the company’s time away from critical decision making on daily business. and my favorite].

Operations 292

Operations CTO Hire Startup Early Stage 292

www.avc.com

SEPTEMBER 22, 2011

The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. First, a caveat. x $125k which is equal to $31.25k.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

Startup Company Lawyer

MAY 4, 2009

Joe Betts-LaCroix – CTO, OQO. June 23rd, 2009: Create a revenue model for your business. Hiring and Firing. July 14th, 2009: Implement hiring policies and practices. Description: When to hire and when to fire? How to hire the best vendors for the best rates. Michael Arrington – TechCrunch.

Founder 28

Founder Warrant San Francisco Intellectual Property 28

Business Plan Blog

OCTOBER 4, 2013

Don’t hire people with skills and qualifications similar to yours. Hire based on functionality and avoid having too many C’s. This helps to better divide the work, make people accountable, and show investors just why each founder/hire is key to the organization. Hiring the right people at the right time is key.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

David Teten

OCTOBER 1, 2015

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. Help identify key technologist and product hires to transition in-house (week 13 onward, however this can take 1 year).

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60