www.lanceglasser.com

MAY 13, 2012

Finance and budgeting. What does a CTO do? What does a CTO do? What does a CTO (Chief Technology Officer) do in a high-tech company? So what is the CTO job? First it is to ensure that the company has the best technology. This is where you should see the CTO. Let the Games Begin!

CTO 40

CTO CTO Hire Technical Review Architecture 40

SoCal CTO

SEPTEMBER 27, 2011

For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. For example, suppose you're just two founders and you want to hire an additional hacker who's so good you feel he'll increase the average outcome of the whole company by 20%. n = (1.2 - 1)/1.2 =.167. and we have 11.1%

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

rapidrollout.wordpress.com

JANUARY 15, 2011

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. He or she might call himself a “consulting CTO,&# “freelance CTO,&# “on-demand CTO,&# “CTO on call,&# “CTO for hire,&# or just a “technology strategy advisor.&#

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

Startup Professionals Musings

APRIL 22, 2014

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Look at the big picture first of development, finance, and marketing/sales. Partner decisions are more important than hiring decisions. Passion for what they do. No historical baggage.

Partner 269

Partner Software Review CTO Hire Fractional CTO 269

View from Seed

SEPTEMBER 18, 2019

Projecting from the seed stage, there are two types of team-building topics you want to address – key senior hires and org-level team building. As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

www.huffingtonpost.com

MAY 10, 2011

Ive occasionally worked with executive recruiters, for example in hiring a CTO for my first company, Eve.com. This time, I decided to handle the process myself. Minted.com is both a global design community and stationery retailer.

CTO 43

CTO CTO Hire PHP Cofounder 43

Startup Professionals Musings

JULY 16, 2017

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Look at the big picture first of development, finance, and marketing/sales. Partner decisions are more important than team member hiring decisions. Feels a real passion and love for their role.

Partner 140

Partner Software Review CTO Hire Cofounder 140

Startup Professionals Musings

FEBRUARY 8, 2013

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Look at the big picture first of development, finance, and marketing/sales. Partner decisions are more important than hiring decisions. Passion for what they do. No historical baggage.

Partner 258

Partner Software Review CTO Hire Equity 258

Hunter Walker

JUNE 7, 2014

Hiring Has Changed: Before the press was a way of generating interest for hiring. You Don’t Need to Show Off for the Fortune 500 CTO: Funding announcements used to be the credibility you’d need to get a meeting with the CTO or other management with purchasing power and a RFP. What’s changed?

Technical Review 118

Technical Review CTO Hire Finance Stealth 118

Both Sides of the Table

JULY 1, 2010

As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. You’ll get sales information from your VP of Sales, marketing information from your VP Marketing, tech information from your CTO and so on.

CTO Hire 308

CTO Hire Management Technical Review Part-Time VPE 308

www.aaronkharris.com

SEPTEMBER 12, 2011

I recently left one of the worlds largest hedge funds, and finance in general, to launch Tutorspree. Well, thats what Im figuring out every day.Observations on that, technology in general, and what I encounter along the way will form the substance here. I handed out a whole bunch of business cards, and got rejected time and time again.

CTO Hire 40

CTO Hire New York City .Net Cofounder 40

Startup Professionals Musings

JUNE 29, 2011

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Look at the big picture first of development, finance, and marketing/sales. Partner decisions are more important than hiring decisions. Passion for what they do. No historical baggage.

Partner 240

Partner Software Review CTO Hire Fractional CTO 240

Both Sides of the Table

OCTOBER 30, 2014

It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. Meredith came to see me along with the CTO Marc Berte.

Technical Review 418

Technical Review Software Review Due Diligence CTO Hire 418

www.informationarbitrage.com

FEBRUARY 24, 2010

Main February 23, 2010 Advice for CTO Founders: Dont Let Business Kill the Business Founding a technology company is an amazing thing. Too often, however, I have found CTO / Founders paired with business people who not only don't add value, but frequently detract from the value of the business.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

Gust

APRIL 13, 2014

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Look at the big picture first of development, finance, and marketing/sales. Partner decisions are more important than hiring decisions. Passion for what they do. No historical baggage.

Partner 179

Partner Software Review CTO Hire Fractional CTO 179

Steve Blank

OCTOBER 24, 2017

Hire a CEO to Go Public. The VCs would hire a CEO with a track record who looked and acted like the type of CEO Wall Street bankers expected to see in large companies. The role of the independent member was typically to tell the founding CEO that the VCs were hiring a new CEO.). People had to actually pay you for your product.

Founder 245

Founder Technical Review CTO Hire IPO 245

Startup Professionals Musings

MAY 24, 2010

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Look at the big picture first of development, finance, and marketing/sales. Partner decisions are more important than hiring decisions. Passion for what they do. No historical baggage.

Partner 230

Partner Software Review CTO Hire Fractional CTO 230

This is going to be BIG.

AUGUST 31, 2011

At a board meeting yesterday, a management team was talking about their hiring needs and some of the challenges they're having hiring great people. Here's a simple tip: track hiring analytics and assign them to someone. If you're not interviewing enough people, you're not going to be able to hire someone--simple as that.

CTO Hire 113

CTO Hire Hiring Bandwidth Metrics 113

Startup Lessons Learned

DECEMBER 14, 2017

Two particularly important roles include the chief venture capitalist, because the investment philosophy for invention is different than traditional finance, and the chief internal ambassador “who connects the two [functions] and builds bridges.” LESSON #3: Avoid these three hiring mistakes. LESSON #2: Forget innovation.

Lean 245

Lean Startup CTO Hire Cofounder 245

The Startup Magazine

AUGUST 28, 2019

Blockdraws Technologies COO, Konstantinos Despotakis is a former online casino CEO and also a former Deputy Director of Compliance at the AGCC. In addition, the founder Darin Oliver, also took in Kim Lumbard, the Blockdraw’s current CTO. In casino and finance structures, it is unacceptable to make mistakes.

Open Source 85

Open Source CTO Hire Fractional CTO Algorithm 85

David Teten

JUNE 6, 2011

My rough notes follow: Mike Dubno , CIO, Global Markets and Research Technology & Operations, Bank of America. Previously CTO, Goldman Sachs. Very enthusiastic about the potential for the NY tech ecosystem, leveraging our strength in finance. Introductory remarks. Maria Gotsch. Formerly MS IT department. 15 yrs at MS.

Fractional CTO 122

Fractional CTO CTO CTO Hire Azure 122

This is going to be BIG.

MAY 19, 2010

That's why hiring at the stage that our companies tend to be at is a unique proposition.one that can seriously create or destroy a ton of value. Because this is so important to our companies, we've been spending a lot of time trying to figure out how we can add more value on this front. That's the way a lot of this stuff goes.

CTO Hire 99

CTO Hire Hiring Portfolio Early Stage 99

Both Sides of the Table

JANUARY 28, 2011

I’m looking for somebody who is good at planning but doesn’t try to do the work of the VP Finance. So yes, I want to hire somebody with really high IQ and EQ but not somebody who is more knowledgeable at your specific skill set than you are. or; “I don’t have enough money to hire my team yet.

Leadership 363

Leadership CTO Hire Technical Review Cofounder 363

ConversionXL

MARCH 10, 2021

Onboarding goes beyond hiring new employees. Furthmore, you can take advantage of Connect iPaaS to eliminate the need to manually create and update identities in Active Directory—assuming the new hire record has been created or updated in ADManager Plus ( ADP ). Continued management of those assets often feels like a full time job.

CTO Hire 138

CTO Hire Cloud Software Review Employee 138

Growthink Blog

OCTOBER 23, 2015

The ability to measure outputs, in real time, allows for fractionalized delivery of traditional industrial services - like as mentioned by Splunk CTO Snehal Antani - the rental and leasing forklifts not by a period of time (i.e. New Business Models.

Internet 48

Internet CTO Hire Fractional CTO Silicon Valley 48

Both Sides of the Table

MAY 27, 2013

In this period (less than 2 years) he has brought on incredibly talented senior execs is sales, marketing, product management, client services, finance, vp engineering and more. In his spare time he raised nearly $30 million. So naturally we’re pushing for him to drop critical information when their paths cross organically.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Both Sides of the Table

NOVEMBER 5, 2014

Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. We hired outside experts. Marc Berte, the CTO, and a masters from MIT, is exceptionally gifted. What about battery charge times? I have witnessed it working.

Technical Review 417

Technical Review South Korea San Francisco Software Review 417

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. 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.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

Both Sides of the Table

SEPTEMBER 22, 2012

It encourages a bit too much FOMO (fear of missing out) and over-valuation in companies and a desire to do huge financing rounds to be perceived as the “knock-out winner.” Ryan Lissack is the CTO of Maker Studios. I don’t really think the incentives work well in this scenario. And he’s now the CFO of Fab.com.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Austin Startup

NOVEMBER 1, 2017

The Financier (Finance Manager): Assesses the viability & profitability of the business and product — This is vital when looking for investors. Additionally, your Finance Manager should understand the relationship between data, decisions, and people. Define the position’s role requirements and craft a job description.

Software Review 54

Software Review Technical Review CTO Hire San Antonio 54

Both Sides of the Table

JANUARY 5, 2010

They often make great team members such as head of products, CTO, head of sales, CFO, etc. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. We weren’t ready to hire an associate yet so I offered him a summer internship. Not my problem.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Both Sides of the Table

APRIL 23, 2017

It’s why raising a round of capital often feels like a hollow victory because it almost feels like a temporary reprieve from the Grim Reaper and in a way every new round just sets the bar higher to clear for the next round of financing or the hope of reaching profitability.

Burn Rate 238

Burn Rate Term Sheet CTO Hire Fractional CTO 238

View from Seed

MAY 11, 2016

The reasons are fairly obvious: It’s easy to reference them and understand their track record; they’ve made a ton of mistakes already that they have hopefully learned from and are unlikely to make again; they are probably more adept at raising and managing capital, which reduces financing risk down the road, etc.

Founder 159

Founder Cofounder CTO Hire Early Stage 159

The Next Web

OCTOBER 7, 2013

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 cases where a startup is sold within a few years time, there is often acceleration agreements for unvested shares.

Engineer 129

Engineer Dilution Option Pool Vesting 129

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. Or you can find seed-stage investors who will give you the money to hire a developer. You have two avenues open to you.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

Both Sides of the Table

JANUARY 26, 2010

When the CEO of an early-stage startup tells me that they plan to hire a COO I’m usually not interested in the next meeting. Who does finance report to? It’s different when you’re co-founders and one person gets the title COO. But even then I think it’s funny. But that’s a digression.

Entrepreneur 286

Entrepreneur CTO Hire Cofounder Early Stage 286

Rob Go

SEPTEMBER 3, 2012

link] – Not a meetup, but a great mentorship program started by serial CTO Sean Lindsay. Not Boston focused, but definitely follow his reports of PE and VC financings and the state of the venture market. @danprimack. Scaling Companies To Watch (ie: probably hiring). Dataxu - Demand Side Platform for Real Time Ad Buying.

Boston 72

Boston Community CTO Hire Cofounder 72