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Why Uber is The Revenge of the Founders

Steve Blank

Uber , Zenefits , Tanium , Lending Club CEOs of companies with billion dollar market caps have been in the news – and not in a good way. Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. Hire a CEO to Go Public.

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When Should Technical Founders Become CEO?

Both Sides of the Table

Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ).

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Realistic Entrprenuers Guide to Venture Capital

SoCal CTO

Tony Karrer is CEO/CTO of TechEmpower , a Los Angeles Web Development firm, and is considered one of the top technologists in e-Learning. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Investors own 25%, the founders own 75%.

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Want to Know Difference Between a CTO and a VP of Engineering?

www.bothsidesofthetable.com

Raising Venture Capital. Sales & Marketing. Want to Know Difference Between a CTO and a VP of Engineering? The terms “CTO” and “VP Engineering” have such stigmas associated with what they are that I’m sure some people will feel uncomfortable with the definitions I’ve put forward.

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Is Going for Rapid Growth Always Good? Aren’t Startups So Much More?

Both Sides of the Table

Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.” ” There’s an allowance for a period of time where there’s “slow or no growth” while you’re figuring things out. Growth, again. And headlines.

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Need a Technical Co-founder? Hire a Product Design Lead First

This is going to be BIG.

Every business person with a dollar and a dream these days thinks they’re a technical co-founder away from interweb stardom. A CTO will also want to ensure that the businesspeople on their team will understand important product and technical decisions. Are you even building the right thing in the first place? It just works.

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