Startup Professionals Musings

FEBRUARY 21, 2012

As a rule, you need to review your burn rate every month, and manage it every day. The cost of giving up more equity early is often more than offset by the increased flexibility to recover from mistakes. Pay people with equity or future revenue. The components are simple - expenses and income. Great strategy.

Burn Rate 232

Burn Rate Startup Salary Equity 232

Startup Professionals Musings

JANUARY 28, 2011

As a rule, you need to review your burn rate every month, and manage it every day. The cost of giving up more equity early is often more than offset by the increased flexibility to recover from mistakes. Pay people with equity or future revenue. Investors assume it will only go up with more funding. Great strategy.

Burn Rate 231

Burn Rate Startup Salary Equity 231

Startup Professionals Musings

FEBRUARY 5, 2010

As a rule, you need to review your burn rate every month, and manage it every day. The cost of giving up more equity early is often more than offset by the increased flexibility to recover from mistakes. Pay people with equity or future revenue. Investors assume it will only go up with more funding. Great strategy.

Burn Rate 120

Burn Rate Startup Salary Equity 120

rapidrollout.wordpress.com

JANUARY 15, 2011

Investors use a consulting CTO for technical due diligence. And finally, you may be able to avoid diluting your equity. Preserve your equity by using a consulting CTO to ramp up your company before securing early-stage financing and hiring a permanent technology partner. Why are consulting CTOs so scarce? Beware, however!

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

SoCal CTO

FEBRUARY 13, 2013

Even with these, you will have paper-tested your MVP, but the reality is that customers will not be able to assess the value to them until they actually use it. If you are on the lower complexity end, the key is defining small chunks of work that can be done quickly by a developer. Review the code being built.

Technical Cofounder 338

Technical Cofounder Technical Review CTO Hire Fractional CTO 338

sivers.org

JUNE 25, 2010

They log in to translate the documents, one at a time, marking each finished when done, which sends the file back to the company for review.” Also important: Only go for providers who have great reviews from many past customers. Decline bids from providers without many great reviews. The translator rejects or approves.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84