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. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept. Same Value for Sweat Equity as Investment Dollars? n = (1.2 - 1)/1.2 =.167.

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

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

Feld Thoughts

SEPTEMBER 2, 2011

This week they set out to create their cap table and hire a CTO. Equity is split 55% and 45%, but where is that officially recorded? Jane and Dick want to bring in their friend Praveena as CTO, but they don’t know how to structure the compensation. Praveena wants to invest $20,000 and get 20% equity.

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

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

www.reincubate.com

FEBRUARY 1, 2010

Email us or call +44 (0) 844 3579899 home about services blog labs Chief Technology Officer job description (for web, start-up or corporate) « Upgraded your iPhone to OS 3 but files are missing? Some companies look for a more strategic or a more hands-on CTO. Firstly, theres no one-size-fits-all description.

Fractional CTO 40

Fractional CTO CTO Technical Review CTO Hire 40

SoCal CTO

MARCH 12, 2012

I've talked about that in lots of other posts, so you can visit some of these to help determine what you specifically need: Startup CTO or Developer Startup Software Development – Do Your Homework Before You Develop Anything Key ingredients in the equation are: How complex is the system? Go to user groups. Refine your elevator pitch.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

Steve Blank

OCTOBER 10, 2023

At the Agency , 85% of my time was spent navigating bureaucracy and equities, arguing for resources and permission for operations, and dealing with the bottom rung of employees, all while making decisions with little data or data overload. Unless you can translate how your skills provide commercial value, you won’t get hired.

Government 174

Government CTO Hire Technical Review Advisory Board 174

Startup Professionals Musings

FEBRUARY 8, 2013

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Partner decisions are more important than hiring decisions. In this context, I’m broadening the definition of partner from co-founder to “business partner.” No historical baggage.

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

You can’t afford and don’t want to hire a full-time CTO or architect. For me, if I can help you within a couple hours Free Startup CTO Consulting Sessions , I’m happy to do that and I don’t expect compensation or equity for that. Here’s the other aspect that both Tony and I preach: get help.

Advisory Board 241

Advisory Board Fractional CTO CTO Hire Startup 241

Business Plan Blog

AUGUST 20, 2013

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 Level Board Member or dedicated Adviser (Free or Equity).

CTO Hire 55

CTO Hire Fractional CTO Architecture Cofounder 55

www.lanceglasser.com

MAY 13, 2012

Customer Equity. What does a CTO do? What does a CTO do? What does a CTO (Chief Technology Officer) do in a high-tech company? So what is the CTO job? First it is to ensure that the company has the best technology. This is where you should see the CTO. General Management.

CTO 40

CTO CTO Hire Technical Review Architecture 40

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. He or she might call himself a “consulting CTO,&# “freelance CTO,&# “on-demand CTO,&# “CTO on call,&# “CTO for hire,&# or just a “technology strategy advisor.&#

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

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

Austin Startup

OCTOBER 11, 2021

Honor Technology, Inc. , the world’s largest senior care network and technology platform which recently acquired global home care provider Home Instead , today announced it has raised $70 million in Series E funding and $300 million in debt financing. We’re trailblazing in an industry that takes care of our parents?

Technical Review 62

Technical Review Engineer Finance Technology 62

www.entrepreneur.com

SEPTEMBER 22, 2011

What is Sweat Equity Worth? Determining how to value sweat equity is key when negotiating with investors and employees. Entrepreneurs often ask me how to value the sweat equity invested in their startup. But over the years, I have come to realize that sweat equity isn't the same thing as market value for your startup.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

SoCal CTO

MAY 27, 2010

There are a bunch of questions in Startup Software Development – Do Your Homework Before You Develop Anything and in Startup CTO or Developer. Now there are some hard challenges around what technologies to use to balance short-term and long-term. 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

www.huffingtonpost.com

MAY 10, 2011

Ive occasionally worked with executive recruiters, for example in hiring a CTO for my first company, Eve.com. Size of Opportunity - market size, revenue or usage, exit outcome and their ability to get equity early are all important. Minted.com is both a global design community and stationery retailer.

CTO 43

CTO CTO Hire PHP Cofounder 43

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

blog.aparttimecto.com

OCTOBER 23, 2010

A Part-Time CTO Technology. Flexibility - You won’t need to commit to something, either cash, equity or involving other people, upfront. Cons: Money - Unless you have cash to pay, the pool of developers willing to work for equity is small. In Plain English. Archive Jun 20th Sun In-House or Outsource?

CTO Hire 40

CTO Hire Fractional CTO Equity Vesting 40

www.inc.com

SEPTEMBER 24, 2011

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 But sharing equity can have pitfalls, too. The 2011 Inc.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

The Next Web

SEPTEMBER 18, 2012

The accelerator, which counts Amazon CTO Werner Vogels among its startup mentors , will be showcasing its first batch of startups (see list below) in Silicon Valley on the 20th of September, followed by a panel discussion about “The Future of the European Startup Community” Sounds riveting!

Silicon Valley 123

Silicon Valley CTO Hire Continuous Deployment Cofounder 123

Both Sides of the Table

SEPTEMBER 17, 2011

I think people understand this title to mean more somebody who handles operational issues rather than somebody who is more like a “chief of staff&# as a COO often is. One great solution I see is to hire an outstanding CFO who runs both. This person can do budgeting, forecasting, strategic planning, legal, HR, office moves, etc.

Operations 292

Operations CTO Hire Startup Early Stage 292

Both Sides of the Table

NOVEMBER 19, 2009

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. But “he didn’t have the budget to hire a developer until he had raised money!&#. Should she take a chance and potentially ruffle feathers? I said that was my point.

Entrepreneur 414

Entrepreneur Fractional CTO Technical Review CTO Hire 414

SoCal CTO

DECEMBER 14, 2009

First, early in the post, Mark mentions: The idea behind the meetup is to connect technology startups with prospective hires who may be interested to work for “alternative compensation”–e.g., reduced salary, partial equity, good experience, etc. I’ll give you equity in the company.”

Software Developers 150

Software Developers Software Development Software Developer 150

OnlyOnce

MARCH 22, 2016

and 7 companies in 6 cities around the world, producing an impressive 80% hire rate. The participants who have been hired by us and our partner organizations have made impressive contributions to their companies’ businesses and cultures. The companies have benefitted from their experience and passion.

CTO Hire 48

CTO Hire Cofounder Programming Equity 48

SoCal CTO

FEBRUARY 13, 2013

Equity-Only CTO and Equity-Only Developers Technology Roles in Startups Want to Know the Difference Between a CTO and a VP Engineering? If you do not break it down into small pieces, its hard to make progress with part-time resources, freelancers, etc.

Technical Cofounder 338

Technical Cofounder Technical Review CTO Hire Fractional CTO 338

The Next Web

AUGUST 12, 2013

Finding co-founders is hard, and I would never recommend to hire a co-founder – usually you start a business with people you know for years (as there is already an existing level of trust there and you also know they are capable of fulfilling their duties). They should be able to hire great designers to help build a better product.

Cofounder 119

Cofounder CTO Hire Startup Europe 119

Ben's Blog

AUGUST 29, 2010

In my last post, I mentioned that you should strive to hire people with the right kind of ambition. In an equity-based compensation structure, optimizing for the company’s success should yield better results for individuals as well. When we hired the head of worldwide sales for Opsware, using this screen proved to be quite valuable.

CTO Hire 78

CTO Hire Technical Review Leadership Sales 78

This is going to be BIG.

MARCH 1, 2010

Content companies, for example, should be able to amass traffic and sell advertising on a bootstrapped budget before they come close to seeking equity financing—because you can, and because that’s the market expectation and that’s what your competitors are already doing. Maybe you meet a CTO who is tired of working with ad agencies.

New York City 113

New York City New York Startup Burn Rate 113

SoCal CTO

SEPTEMBER 8, 2010

August was a slow month in terms of traffic and I was away for a lot of the month, but there were some really great posts at the intersection of startups, technology, product and being a Startup CTO. equity debate. In my last post, I mentioned that you should strive to hire people with the right kind of ambition.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Call it facts for hire. It would be a bit like the hired gun in the old west, but more suited for today’s times. You got it.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Startup Company Lawyer

MAY 4, 2009

If a founder’s company raises more than $50,000 in debt or equity financing, excluding funds from the founder, within 18 months of formation, then the founder must pay a tuition fee of $4,500, which is used to cover the Institute’s expenses in providing the program. Joe Betts-LaCroix – CTO, OQO. Hiring and Firing.

Founder 28

Founder Warrant San Francisco Intellectual Property 28

thinkspace.com

SEPTEMBER 7, 2012

Office Space. Virtual Office. How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders.

Equity 62

Equity Employee Founder CTO Hire 62

www.aaronkharris.com

SEPTEMBER 12, 2011

Im a private tutor on Tutorspree Text Aug 23, 2010 @ 9:08 pm Permalink We have a CTO, and so can you! I was told that finding a CTO/technical co-founder in NYC was about as easy as climbing Everest with one leg, no O2, and carrying a dead elephant. If you want to get in touch, drop me a line at akharris at gmail dot com. startupcto

CTO Hire 40

CTO Hire New York City .Net Cofounder 40

rob.by

MARCH 8, 2012

” I believe that by this he means they want cash rather than equity. My hunch is that most good software engineers only work for cash because they don’t feel that working for equity is worth the risk of failure. If yes, hire a contract developer. I absolutely want cofounders when the time comes.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

blog.captainrecruiter.com

MARCH 8, 2012

Eventually I was able to scrape up a few bucks and hired Sarah to build me a website prototype. Eventually Ill hire a software geek of my own, but right now Im doing just fine without one. It's not a question of me being unwilling to work for equity -- I am. Also hire offshore devs to assist you in building your product.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40