SoCal CTO

article thumbnail

CTO Equity - Negotiation After Funding

SoCal CTO

During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). I tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time.

CTO 167
article thumbnail

CTO Equity - Negotiation After Funding

SoCal CTO

During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). I tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time.

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

How to Hunt Programmers for Your Startup - A Field Guide

SoCal CTO

His goal was to find a programmer who would come in as an early partner and work as an Equity-Only Developer. At that point, you can't really just try to find someone to build it on the side, do equity only, etc. The beauty of programming is that you take a concept and turn it into reality with just typing some stuff into the computer.

article thumbnail

How to Hunt Programmers for Your Startup - A Field Guide

SoCal CTO

His goal was to find a programmer who would come in as an early partner and work as an Equity-Only Developer. At that point, you can't really just try to find someone to build it on the side, do equity only, etc. The beauty of programming is that you take a concept and turn it into reality with just typing some stuff into the computer.

article thumbnail

Startup Founder Developer Gap

SoCal CTO

And this is not your buddy who does programming at some company. Obviously, the more this person does the more you should expect to compensate them with equity and/or cash. Let’s say you aren’t sure if you have a Founder Developer Gap – what should you do? We are not talking about a full-time role. Do not hire a CTO at this point.

CTO Hire 170
article thumbnail

Product Manager Entrepreneur Mark Geller

SoCal CTO

In junior high and high school, I did a bunch of programming, mostly self-taught. For me, FI was great for networking with Adeo and the other mentors, who are all world class successful entrepreneurs themselves, as well as the other founders in the program. Tell me a bit about your background.

article thumbnail

Building Your MVP as a Non-Technical Founder

SoCal CTO

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 are on the lower complexity end, the key is defining small chunks of work that can be done quickly by a developer.