Feld Thoughts

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Hire a VP Finance Sooner Rather Than Later

Feld Thoughts

If you don’t have a VP Finance on your team reporting to you, do yourself, your team, and your investors a favor and go hire one right now. At Feld Technologies, our fourth employee (hired in 1989) did all of our accounting. At that point, we hired a woman named Stephanie Wallace to be our Controller. This is not a CFO.

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The Generic VC / PE Reference Questions For An Executive Hire

Feld Thoughts

Was Person X well respected by the people he managed? Would you hire Person X again? ” The post The Generic VC / PE Reference Questions For An Executive Hire appeared first on Feld Thoughts. What about Person X’s vision and ability to communicate it to others? What are Person X’s strengths?

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Startup CXO: A Field Guide to Scaling Up Your Company’s Critical Functions and Teams

Feld Thoughts

For lessons from Matt and his Return Path management team, many of who are now execs at Bolster, you want to read Startup CXO: A Field Guide to Scaling Up Your Company’s Critical Functions and Teams. I’ve worked with Matt for over 20 years and have experienced many ups and downs.

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More On Recruiting Programmers To Your Startup

Feld Thoughts

We lost a great candidate because our process was in flux and he sussed out our eng management wasn’t committed to the new way. It’s an extremely tight hiring market for software developers right now. So – if you are hiring – read Chris’s post and be thoughtful about how you go about this.

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Dilbert on Cultural Fit

Feld Thoughts

I’ve written before about hiring for cultural fit, and about the importance of prioritizing cultural fit over competence when hiring at startups. I started thinking about it again when I saw this Dilbert comic , because it pokes fun at the culture of startups and their propensity only to hire people who fit into them.

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

This second kind of seed financing can be a double-edged sword for the entrepreneur and company if not very carefully managed. They close on the $750k, hire a buddy or two, buy some Macs, and get to work. At month six, one of the early hires leaves, a developer who turns out wasn’t a good fit. There is $350k left in the bank.

Burn Rate 152
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More Coders. More Diversity.

Feld Thoughts

Some choose to stay at Techtonic Group, where they become part of a team to build custom software, mobile applications and content-managed websites, while others move on to Techtonic Group clients. As Heather told me, “I have an Ivy League education, but that’s not where I learned to code.

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