Remove CTO Hire Remove Dilution Remove Entrepreneur Remove Finance
article thumbnail

Introducing the Cap Table and Hiring the CTO

Feld Thoughts

As Finance Fridays continues, we are introducing the concept of the Cap Table. This week they set out to create their cap table and hire a CTO. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time.

Cap Table 133
article thumbnail

Startup Advice: When to Use a Consulting CTO

rapidrollout.wordpress.com

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Startup Advice: When to Use a Consulting CTO There are not many to be found. Most likely, this is a person who is a serial entrepreneur and was the chief technology officer for two or more web startups. .&#

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is TheFunded Founder Institute?

Startup Company Lawyer

If a founder’s company raises more than $50,000 in debt or equity financing, excluding funds from the founder, within 18 months of formation, then the founder must pay a tuition fee of $4,500, which is used to cover the Institute’s expenses in providing the program. Joe Betts-LaCroix – CTO, OQO. Hiring and Firing.

Founder 28
article thumbnail

What to expect before accepting the offer to become Engineer #1 at a startup

The Next Web

They were referring to non-founder engineers, most commonly the first hire for technology businesses. Every time a startup raises capital, all common shareholders are diluted. In a CTO Salary and Equity trends report by Safire Partners, it finds non-founder equity compensation to settle out below 2 percent.

Engineer 129
article thumbnail

Building a High-Tech Startup Team

Business Plan Blog

Don’t hire people with skills and qualifications similar to yours. Hire based on functionality and avoid having too many C’s. Hire based on functionality and avoid having too many C’s. Rather, give titles such as VP of Engineering, Product/Technology, Sales, Marketing, Finance, etc. Early Stage.

article thumbnail

Why is there such a large founder to early employee equity drop-off? - Quora

www.quora.com

As a result, there is a much bigger supply of these people than there are of founders who can get a company to the point of hiring some early employees. The barrier between entrepreneur and money (incubators, angels, etc.) Connections seems to make the most sense with serial entrepreneurs (or someone who had prior success).

Equity 40