Startup Professionals Musings

AUGUST 9, 2020

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity.

Cofounder 435

Cofounder Technical Cofounder Equity Intellectual Property 435

SoCal CTO

SEPTEMBER 19, 2011

I've posted quite a few things on the topics associated with being a Startup CTO. Here are some resources that come from other sources: Want to Know the Difference Between a CTO and a VP Engineering? Lessons Learned: What does a startup CTO actually do? Lessons Learned: What does a startup CTO actually do?

CTO Hire 175

CTO Hire Fractional CTO Startup Equity 175

SoCal CTO

FEBRUARY 22, 2011

Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. Todd is a go to resource for people looking for talent in startups. CTO Founders in India, have a very low equity stake.

CTO Hire 273

CTO Hire Equity Southern California France 273

SoCal CTO

APRIL 18, 2012

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). Or they are looking at Hiring a CTO and want to see what salary and equity ranges look like.

CTO Hire 294

CTO Hire Salary Equity Los Angeles 294

SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. The first few people into a startup are on a spectrum of founder vs. early employee. Early Employee Equity is an Art I somewhat agree with Fred Wilson in Employee Equity: How Much?

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

SoCal CTO

MARCH 3, 2011

I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-time CTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.

Fractional CTO 264

Fractional CTO CTO Hire NDA Technical Review 264

SoCal CTO

MARCH 3, 2011

I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-time CTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.

Fractional CTO 259

Fractional CTO CTO Hire NDA Technical Review 259

SoCal CTO

JANUARY 18, 2011

I received an inquiry from a reader of my blog and thought I would provide some thoughts, but would definitely welcome input: I am an unpaid CTO of a small startup. I have been working full time with two founders for about 10 months on full time basis. Please let this be a lesson to everyone – founders and CTOs.

CTO 167

CTO CTO Hire Equity Vesting 167

Startup Professionals Musings

SEPTEMBER 10, 2018

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity.

Equity 238

Equity Cofounder Technical Cofounder Intellectual Property 238

SoCal CTO

JANUARY 18, 2011

I received an inquiry from a reader of my blog and thought I would provide some thoughts, but would definitely welcome input: I am an unpaid CTO of a small startup. I have been working full time with two founders for about 10 months on full time basis. Please let this be a lesson to everyone – founders and CTOs.

CTO 150

CTO CTO Hire Equity Vesting 150

SoCal CTO

MARCH 2, 2015

As the organizer of the LA CTO Forum , I get lots of inquiries by job seekers and people looking for CTO / VP Engineering talent. I’ve written quite a bit about aspects of this topic, especially from the perspective of startup founders looking for talent – you can find these in: Startup CTO.

Technical Cofounder 150

Technical Cofounder Los Angeles CTO Hire Part-Time VPE 150

Startup Professionals Musings

AUGUST 24, 2016

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity.

Equity 120

Equity Cofounder Technical Cofounder Intellectual Property 120

SoCal CTO

MARCH 12, 2012

I've recently received several emails from people looking for a technical cofounder for their startup. Make sure you go through the 32 Questions Developers May Have Forgot to Ask a Startup Founder. You should definitely hit up the Startup Weekend events as well. And look at StartupDigest.com for lots of startup oriented events.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

Startup Professionals Musings

FEBRUARY 8, 2013

A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One.” The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. Partner decisions are more important than hiring decisions.

Partner 258

Partner Software Review CTO Hire Equity 258

YoungUpstarts

SEPTEMBER 15, 2015

The right advisor can have a greater impact on the success of your small business than any other hire you ever make. Have a CTO Advisor Provide Their Guidance & Due Diligence Suggestions on a Large Upcoming Technology Expenditure. It’s time small businesses started hiring more advisors.

CTO Hire 100

CTO Hire Fractional CTO Small Business Hiring 100

SoCal CTO

MAY 13, 2014

A large part of this conversation is what kinds of advisors startups should be looking for. A little while ago, I suggested that Every Web/Mobile Startup Should Have a Technical Advisor. We both felt that most startups are not taking a very systematic approach to defining with they need in terms of advisors.

Advisory Board 241

Advisory Board Fractional CTO CTO Hire Startup 241

SoCal CTO

FEBRUARY 25, 2010

This is not only sad but incredibly frustrating, because it is so easy to see how a great technology can be developed and commercialized if only - if only the CTO hadn't been impulsive and insecure and brought on a business partner too early in the game. … Mark Suster has similar advice in Hiring at a Startup? Camaraderie?

Technical Cofounder 150

Technical Cofounder Cofounder CTO Hire Founder 150

SoCal CTO

MAY 27, 2010

And I always recommend it to people involved in early stage startups. I received a follow-up question from an early-stage startup about the Founder Developer Gap that I’ve described before and that was part of the interview with Frank. This is somewhat the heart of what a CTO does. Do not hire a CTO at this point.

CTO Hire 170

CTO Hire Developer Founder Startup 170

Business Plan Blog

AUGUST 20, 2013

Every Tech Startup Needs a Chief Technical Officer. 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 Employee (Salary).

CTO Hire 55

CTO Hire Fractional CTO Architecture Cofounder 55

Startup Professionals Musings

AUGUST 4, 2014

Two heads are better than one, so the first task in many startups is finding a co-founder or two. The first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90 percent of the equity. Level of responsibility and time allocated.

Cofounder 261

Cofounder Stock Founder Technical Cofounder 261

View from Seed

SEPTEMBER 18, 2019

Projecting from the seed stage, there are two types of team-building topics you want to address – key senior hires and org-level team building. As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Startup Professionals Musings

AUGUST 31, 2012

A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Of course, a real contract or purchase order from a big customer is even better.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

rapidrollout.wordpress.com

JANUARY 15, 2011

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Startup Advice: When to Use a Consulting CTO There are not many to be found. Most likely, this is a person who is a serial entrepreneur and was the chief technology officer for two or more web startups. .&#

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

Both Sides of the Table

SEPTEMBER 17, 2011

I recently wrote a post about why I didn’t think early-stage startups should have COOs. What a luxury in a startup to have the number one person in the business get to focus on just strategy? One great solution I see is to hire an outstanding CFO who runs both. Dilute your cash, equity or both. I find them strange.

Operations 292

Operations CTO Hire Startup Early Stage 292

Startup Professionals Musings

JUNE 17, 2011

A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Of course, a real contract or purchase order from a big customer is even better.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

YoungUpstarts

AUGUST 5, 2015

by Marcus Turner, President and CTO of Enola Labs. Lesson Learned: Equity is the ultimate power; don’t give it away without the appropriate compensation or plan. Make sure that there is a well-planned contract for everything. Having the proper contracts in place is discussed in any “business 101” setting.

CTO Hire 100

CTO Hire Fractional CTO Advisory Board Software Review 100

Startup Professionals Musings

SEPTEMBER 30, 2013

A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Of course, a real contract or purchase order from a big customer is even better. Marty Zwilling.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

www.avc.com

SEPTEMBER 22, 2011

Employee Equity: How Much? 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.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). Startup Basics Does College Matter for Entrepreneurs?

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

SoCal CTO

DECEMBER 14, 2009

There’s quite a bit of truth to what Mark is saying about startup software developers, but my guess is that there’s another reason that it seems harder to find developers in this context. reduced salary, partial equity, good experience, etc. reduced salary, partial equity, good experience, etc. Likely a lot of time and effort.

Software Developers 150

Software Developers Software Development Software Developer 150

The Next Web

SEPTEMBER 18, 2012

Amsterdam-based Rockstart Accelerator , one of the many, many startup accelerators in Europe, is taking the first class of startups who’ve graduated from its six-month program stateside this month. Owlin : a real-time news analysis and intelligence tool for traders.

Silicon Valley 123

Silicon Valley CTO Hire Continuous Deployment Cofounder 123

Both Sides of the Table

NOVEMBER 19, 2009

This is part of my Startup Advice series. So I was surprised at the sheer volumes of decisions that had to be made when I became a startup CEO. You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. I said that was my point.

Entrepreneur 414

Entrepreneur Fractional CTO Technical Review CTO Hire 414

Both Sides of the Table

MAY 27, 2013

In his spare time he raised nearly $30 million. Trust me – that kind of encounter can mean the difference between securing a contract, protecting yourself from getting turfed or getting acquired one day. You may know how much to pay in cash or equity for your new VP Engineering. Startup Advice' Always seek input.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Startup Professionals Musings

MAY 22, 2010

A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CIO) and a product lead (CTO). Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Of course, a real contract or purchase order from a big customer is even better. Marty Zwilling.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

The Next Web

AUGUST 12, 2013

It’s unrelated to the startup world, but I can highly recommend to watch “ Being Liverpool ”. But that’s the case for only tiny amount of startups. Launching a product means you need to be incredibly prepared, for downtimes, bugs, or the worst part: nothing. Learning to deal with those moments is a process, and it takes time.

Cofounder 119

Cofounder CTO Hire Startup Europe 119

www.reincubate.com

FEBRUARY 1, 2010

Share this: chief technical officer chief technology officer cto interim cto job description start-up startup cto web cto Weve been swapping some thoughts with Daniel Kehoe , a consulting CTO acquaintance of ours from across the pond. Some companies look for a more strategic or a more hands-on CTO.

Fractional CTO 40

Fractional CTO CTO Technical Review CTO Hire 40

SoCal CTO

FEBRUARY 13, 2013

The real reason to build an MVP is to do early tests of key Startup Metrics for the business. If you do not break it down into small pieces, its hard to make progress with part-time resources, freelancers, etc. Structure development contracts appropriately or directing the in-house team appropriately.

Technical Cofounder 338

Technical Cofounder Technical Review CTO Hire Fractional CTO 338