Remove CTO Remove Marketing Remove Product Remove Valuation
article thumbnail

CTO Equity - Negotiation After Funding

SoCal CTO

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. During all this time, valuation pitched to the investors was in the $1M – $3M range. Find a lawyer and someone who does CTO searches for VC backed companies in your area.

CTO 167
article thumbnail

CTO Equity - Negotiation After Funding

SoCal CTO

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. During all this time, valuation pitched to the investors was in the $1M – $3M range. Find a lawyer and someone who does CTO searches for VC backed companies in your area.

CTO 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Both Sides of the Table

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. Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. I turned them down. They were nonplussed.

Valuation 405
article thumbnail

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

article thumbnail

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.” He talks about making things that people want & going after a big enough market. After all, growth equals high valuations and loads of venture capital! And headlines.

article thumbnail

10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

If you have a product description, that’s necessary, but not sufficient. A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Ship a minimum product now. For a true scientist, the product is never good enough, so it’s never done.

article thumbnail

10 Keys to Startup Traction That Investors Look For

Startup Professionals Musings

If you have a product description, that’s necessary, but not sufficient. A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). Ship a minimum product now. For a true scientist, the product is never good enough, so it’s never done.