Startup Professionals Musings

AUGUST 4, 2014

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors and large potential customers. Building the product may be the easy part of your startup challenge. The CTO of many technical startups was the original founder. Experience and connections in your business area.

Cofounder 261

Cofounder Stock Founder Technical Cofounder 261

Steve Blank

OCTOBER 24, 2017

Twenty-five years ago, to go public you had to sell stuff – not just acquire users or have freemium products. People had to actually pay you for your product. This required a repeatable and scalable sales process, which required a professional sales staff and a product stable enough that customers wouldn’t return it.

Founder 245

Founder Technical Review CTO Hire IPO 245

Startup Professionals Musings

APRIL 23, 2012

Building a product doesn’t get it distributed and sold. Even still, regardless of the initial equity split, you should seriously consider vesting your founders shares over at least two years. Who will be the CEO, CFO, and CTO? Expertise can be marketing, technical, financial, or sales. Pre-existing intellectual property.

Intellectual Property 252

Intellectual Property Equity Cofounder CTO Hire 252

Startup Professionals Musings

JULY 1, 2022

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 343

Stock Options Advisory Board Stock Startup 343

Startup Professionals Musings

AUGUST 24, 2016

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Building the product may be the easy part of your startup challenge. The CTO of many technical startups was the original founder. Experience and connections in your business area.

Equity 120

Equity Cofounder Technical Cofounder Intellectual Property 120

SoCal CTO

MARCH 1, 2007

skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.

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Technical Cofounder Networking Southern California Los Angeles 150

www.informationarbitrage.com

FEBRUARY 24, 2010

Main February 23, 2010 Advice for CTO Founders: Dont Let Business Kill the Business Founding a technology company is an amazing thing. Too often, however, I have found CTO / Founders paired with business people who not only don't add value, but frequently detract from the value of the business.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

Startup Professionals Musings

NOVEMBER 8, 2010

Building a product doesn’t get it distributed and sold. Even still, regardless of the initial equity split, you should seriously consider vesting your founders shares over at least two years. Who will be the CEO, CFO, and CTO? Expertise can be marketing, technical, financial, or sales. Pre-existing intellectual property.

Equity 228

Equity Intellectual Property Cofounder CTO Hire 228

blog.aparttimecto.com

OCTOBER 23, 2010

A Part-Time CTO Technology. One of the main challenges of starting a products based company is how do you build your product? This is especially true of web based companies, whose product consists of mainly a web site and very little more. In Plain English. Archive Jun 20th Sun In-House or Outsource?

CTO Hire 40

CTO Hire Fractional CTO Equity Vesting 40

The Next Web

OCTOBER 7, 2013

It is typical for employees to vest their options over four years with a one year cliff, which means a new hire must stay on the company for at least one year to see any shares. After a year, shares will vest in monthly or quarterly splits until the full grant is vested. percent to 3 percent range for engineer #1s.

Engineer 129

Engineer Dilution Option Pool Vesting 129

Startup Professionals Musings

SEPTEMBER 25, 2019

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Equity 237

Equity Stock Options Advisory Board Stock 237

Both Sides of the Table

MARCH 10, 2013

He believed we had a weakness with his CTO. And far more importantly: lost productivity. The CTO had at-will employment with no notice period. He had vested 18 months or so. Then on top of that I proposed we offered 2-3 weeks of pay (with a view of settling around 4 weeks) and that we vest an extra 3 months.

Vesting 344

Vesting Cofounder Salary Sales 344

Both Sides of the Table

MAY 5, 2011

He listed all of the product releases that were up coming, the customers that were in the pipeline and where he saw his competition moving. There’s you and your killer CTO co-founder. They haven’t launched their next gen product – watch this space. No Dave S. = no knowledge of what BuddyTV is up to for me.

Seattle 317

Seattle Silicon Valley Technical Review Los Angeles 317

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. If we believe in founders enough, we should believe in their potential more than what they could be paying us to build the product.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

www.avc.com

SEPTEMBER 22, 2011

The first bracket is the senior management team; the CFO, Chief Revenue Officer/VP Sales, Chief Marketing Officer/VP Marketing, Chief Product Officer/VP Product, CTO, VP Eng, Chief People Officer/VP HR, General Counsel, and anyone else on the senior team.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

www.inc.com

SEPTEMBER 24, 2011

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 We had a rough time early on," says Parker, president and chief technology officer of Roving Software Inc. , Receive package valued at $2,000!

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Startup Professionals Musings

OCTOBER 21, 2017

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock 140

Stock Stock Options Advisory Board Startup 140

thinkspace.com

SEPTEMBER 7, 2012

David Crow writes in his article “ Founders versus Early Employees “, “Remember the goal is to incent early employees to have an emotional ownership of the product and company they are building. How long should people vest – four years? And the vesting doesn’t necessarily need to be time-based either.

Equity 62

Equity Employee Founder CTO Hire 62

Startup Professionals Musings

OCTOBER 17, 2013

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 224

Stock Options Stock Advisory Board Startup 224

Startup Professionals Musings

SEPTEMBER 22, 2012

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 230

Stock Options Stock Advisory Board Startup 230

Startup Professionals Musings

JULY 24, 2011

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Equity 234

Equity Advisory Board Stock Options Stock 234

Startup Professionals Musings

MARCH 29, 2015

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock Options 120

Stock Options Stock Advisory Board Startup 120

www.metamorphblog.com

OCTOBER 23, 2010

The difference between your initial idea and your ultimate product is the difference between a slab of rock and the David. You may or may not have a working product. Your product may or may not suck. What matters is your vision of what the product will be and how it will change the world. Vest, young man.

Founder 51

Founder Startup Cofounder Vesting 51

Startup Professionals Musings

JUNE 20, 2010

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% 7% Product Manager,2 -.3% Advisory Board Member, 1% Senior Engineer,3 -.7%

Stock 144

Stock Stock Options Advisory Board Startup 144

Both Sides of the Table

NOVEMBER 4, 2009

If you’re thinking about joining as the director of marketing, product management manager, senior architect, international business development lead, etc. Stock vests for 4 years. So a friend recently called to ask for advice on becoming the CTO of a startup. Let’s face it. you won the lottery). Wait a second.

Stock Options 418

Stock Options Stock Liquidation Preference Option Pool 418

www.chubbybrain.com

SEPTEMBER 28, 2011

What we didn’t account for was the magnitude of the current correction and the effect that it would have on discretionary luxury spending even within a population that financially could still afford our product. It lacked the audience my product needed to succeed – the early adopters web hackers looking for the next cool toy to play with.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

www.startuplessonslearned.com

MAY 4, 2012

In my dataset, half of the teams had neglected to include any dynamic elements (vesting, buyout terms, and the like) in their equity agreements, sentencing themselves to the same risks faced by the Zipcar and govWorks.com teams. He cofounded and served as CTO of IMVU. Minimum Viable Product: a guide. Get New Essays by Email.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

www.quora.com

SEPTEMBER 22, 2011

Early employees are paid a salary from day 1, don't have to have the reputation/connections to raise money, take on much less risk, and often have much more information about the company (team so far, financials, product traction/progress) when they decide to join than the founders do when they found the company. This answer.

Equity 40

Equity Employee Founder Cofounder 40

blog.expensify.com

APRIL 24, 2012

In fact, the open source community can learn a lot from Microsoft in terms of backward compatibility and tools for productivity. These development platforms have contributed significantly to the popularity of the products from Apple and Microsoft. Eclipse has been emulating Visual Studio for years now. March 26, 2011 at 12:17 am.

Java 107

Java PHP Software Review Coder 107