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.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.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

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.

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Sweat Equity Equity Fractional CTO CTO 55

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

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

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? Structure development contracts appropriately or directing the in-house team appropriately. Third party products are used appropriately. Plan for past the initial MVP.

Technical Cofounder 338

Technical Cofounder Technical Review CTO Hire Fractional CTO 338

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. They can make good money consulting or working as an employee of another company.

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

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

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. can feel you now—corporate recruiters at career fairs, sending offer letters to work at banks and consulting firms. Call it facts for hire.

Technical Review 175

Technical Review Technology Product CTO Hire 175

David Teten

OCTOBER 1, 2015

Not surprisingly, the list above also is ranked from least to most equity stake in an investment for the investor, relative to the cash they invest. How would one set up such a startup to eventually raise capital from outside VCs, who will be wary of ‘dead equity’ (i.e., equity that belongs to departed cofounders)? The cliffs?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Business Plan Blog

OCTOBER 4, 2013

Don’t hire people with skills and qualifications similar to yours. Hire based on functionality and avoid having too many C’s. This helps to better divide the work, make people accountable, and show investors just why each founder/hire is key to the organization. Be sure to leave plenty of equity for investors.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

www.quora.com

SEPTEMBER 22, 2011

Type to Add and Search Questions; Search Topics and People Startups Startup Compensation Entrepreneurship Compensation Stock Options Major Internet Companies Silicon Valley Why is there such a large founder to early employee equity drop-off? This ties into this Paul Graham article: [link] /equity. Login if you already have an account.

Equity 40

Equity Employee Founder Cofounder 40

www.reincubate.com

FEBRUARY 1, 2010

Hiring a good team of PHP developers is neither likely nor easy for the non-technical. Like PHP, when hiring Microsoft programmers there’s much to be wary of.NET powers sites of all sizes (though relatively few massive ones) and is very common.NET has some CMS frameworks such as dotnetnuke and Community Server which often distract startups.

Fractional CTO 40

Fractional CTO CTO Technical Review CTO Hire 40

rapidrollout.wordpress.com

OCTOBER 23, 2010

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Finding a Technical Partner for Your Startup Today I received an inquiry from a student at an Ivy League university who wants to launch a web startup. How can I go about looking for a (very) good programmer willing to do this as sweat equity? So you see my dilemma.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

www.metamorphblog.com

OCTOBER 23, 2010

Here’s how the pitch sounds from the engineer’s perspective: ‘For ten whole percent of equity, you will slave away to build a prototype out of my shitty idea, not have any say in the decision-making process…and oh yeah, you could be fired at any point.’ Date for a bit, then split the equity.

Founder 51

Founder Startup Cofounder Vesting 51

www.chubbybrain.com

SEPTEMBER 28, 2011

The negativity either impacted investment funding (venture capital fell off a cliff in 2009) or the customers they were targeted as was the case for Untitled Partners who were building a platform for fractional art ownership. Dwelling or being married to a bad idea is not a good way to allocate resources. 3 – Not the right team.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

www.collegemogul.com

OCTOBER 23, 2010

We’ve had some success with hiring interns for fashion design and editorial work, so we were hoping to replicate that with a coder, even in basic HTML, CSS and PHP. Especially when you need external resources, dont have the cash flow for compensation, and not enough traction for equity to be considered valuable.

Technical Review 40

Technical Review Web Development Web Developer 40

techcrunch.com

OCTOBER 23, 2010

Inevitably, the excuses begin: I need to hire people to build the product. In later posts I’m going to get into more detail on specific topics like hiring, raising money, what types of ideas have the potential to get big, finding your founders, and the like. Like I said, forget everything else and just get your product out the door.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

www.quora.com

JANUARY 16, 2011

Someone who is egotistical enough to call themselves a rockstar, yet humble enough not to want 99% of the equity? Developer, engineer, CTO, or technical co-founder? Just go to a meetup or post an ad promising equity. " => Where can I find someone to do my work for me for free for a year of their life? Rockstar v.

Developer 42

Developer Technical Review Cofounder Technical Cofounder 42

Austin Startup

MARCH 7, 2018

Joseph Kopser (@JosephKopser) | Twitter Barbary Brunner CEO Austin Technology Council A self-described, “Geek Girl”, Barbary Brunner’s 25-year career includes senior executive roles at world-wide leading technology brands and a successful strategy and organizational development consultancy, prior to her joining the Austin Technology Council as CEO.

Technical Cofounder 48

Technical Cofounder Cofounder Fractional CTO CTO 48

sivers.org

JUNE 25, 2010

Derek Sivers about me blog books email list contact How to hire a programmer to make your ideas happen 2010-06-19 Do you have an idea for a website, online business, or application, but need a programmer to turn that idea into reality? Say, “We are hiring a developer to create only the beginning of an application. Hire one from each.

CTO Hire 84

CTO Hire Hiring Software Review Technical Review 84