Remove Equity Remove Salary Remove Software Development Remove Software Review
article thumbnail

Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

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. Pay people with equity or future revenue. Great strategy.

Burn Rate 232
article thumbnail

High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

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. Pay people with equity or future revenue. Great strategy.

Burn Rate 231
Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

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. Pay people with equity or future revenue. Great strategy.

Burn Rate 120
article thumbnail

Hiring a CTO for Your Startup

SoCal CTO

Several people have recently come to me to help them source and/or hire full-time CTOs for their startup having found me through my post that looks at: Startup CTO Salary and Equity Data. Interviewing and Hiring Process Get a resume and LinkedIn profile and review both closely: Do they know the world of startup technology?

CTO Hire 282
article thumbnail

Hiring a CTO for Your Startup

SoCal CTO

Several people have recently come to me to help them source and/or hire full-time CTOs for their startup having found me through my post that looks at: Startup CTO Salary and Equity Data. Interviewing and Hiring Process Get a resume and LinkedIn profile and review both closely: Do they know the world of startup technology?

CTO Hire 225
article thumbnail

25 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

And that’s how I started my private equity business where I acquire both online and offline assets such as lead generation websites and physical real estate. Even though I had a job and earned a decent salary, I was spinning my wheels just to pay my bills. Thanks to Daniel Javor, Next Luxury ! #4- Photo Credit: Victoria Wieck.

article thumbnail

Recruiting Startup Engineers | Femgineer

femgineer.com

We engineers know that need to be agile in a startup and be able to scrap code and rebuild, but want we don’t want is to have a founder who manic or aimless. Sweat equity or salary? We like sitting at home or in coffee shops on our laptops coding away fun projects. Or do you just want a code monkey?