CTO Salary and Equity Trends 2009-2011

SoCal CTO

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). You can also enter salary and equity data to see where you stand.

CTO 130

Startup CTO Salary and Equity Data

SoCal CTO

Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. You can find a public Google Spreadsheet with the data: CTO Equity Compensation Google Spreadsheet.

CTO 117

Trending Sources

Startup CTO

SoCal CTO

I've posted quite a few things on the topics associated with being a Startup CTO. Here are some resources that come from other sources: Want to Know the Difference Between a CTO and a VP Engineering? Lessons Learned: What does a startup CTO actually do?

CTO 83

CTO Equity and Compensation at Venture Backed Companies

SoCal CTO

Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. You can find a public Google Spreadsheet with the data: CTO Equity Compensation Google Spreadsheet.

CTO 135

Startup CTO Resources

SoCal CTO

I've posted quite a few things on the topics associated with being a Startup CTO. Here are some resources that come from other sources: Want to Know the Difference Between a CTO and a VP Engineering? Lessons Learned: What does a startup CTO actually do?

CTO 83

Visualization of Startup CTO Equity and Salary Data

SoCal CTO

A long-time friend and colleague, Steve Wexler, who is great at visualization took my Startup CTO Salary and Equity Data and produced a really need interactive visualization via Tableau. Of course, as you would suspect, equity percentages dilute based on years in business.

CTO 59

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. I've organized the LA CTO Forum (a private group of 150+ CTOs in Los Angeles) for 10+ years.

CTO 129

Free Startup CTO Consulting Sessions

SoCal CTO

I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Of course, I provide part-time CTO services. In talking with a colleague who also does Acting CTO work, he said that he also does this kind of free consulting sessions and offered to help me if I didn't have enough time - which sometimes happens. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.

CTO 87

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. I've organized the LA CTO Forum (a private group of 150+ CTOs in Los Angeles) for 10+ years.

CTO 102

Equity for Early Employees in Early Stage Startups

SoCal CTO

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept.

Are You Getting Your Fair Share Of Startup Equity?

Startup Professionals Musings

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone.

Founder's Dilemmas: Equity Splits

www.startuplessonslearned.com

Founders Dilemmas: Equity Splits. The following is an exclusive excerpt which sets up a common pitfall regarding equity splits. Setting the early equity split in stone is one of the biggest mistakes founders can make. Founders Dilemmas: Equity Splits. Lessons Learned.

Introducing the Cap Table and Hiring the CTO

Feld Thoughts

This week they set out to create their cap table and hire a CTO. Equity is split 55% and 45%, but where is that officially recorded? Jane and Dick want to bring in their friend Praveena as CTO, but they don’t know how to structure the compensation. The benefit of hiring Praveena is they think they could keep more equity and control of the company. But, Praveena hails from the land of big paychecks and is not ready to leave that without considerable equity.

How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

How to Divide Equity to Startup Founders, Advisors, and Employees. The part that I’d like to zero in on is when you’ve got a high growth company what are some of the best practices out there to distribute equity to the founders, advisors, and employees? Equity for Founders.

What is Sweat Equity Worth?

www.entrepreneur.com

What is Sweat Equity Worth? Determining how to value sweat equity is key when negotiating with investors and employees. Entrepreneurs often ask me how to value the sweat equity invested in their startup. But over the years, I have come to realize that sweat equity isn't the same thing as market value for your startup. Investors have no idea how to value sweat equity, and I now believe it's a bad idea to let them tell you how to do it.

10 Partner Qualities to Test Before Sharing Equity

Startup Professionals Musings

The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. entrepreneur startup co-founder partner equity business

Equity Compensation at a Startup is a Big Gamble

Startup Professionals Musings

CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% It never hurts to ask in a job interview what stock options are available, and don’t accept an offer which promises to “work out the equity terms later.”

CMO CTO COO Equity and Compensation

SoCal CTO

I was just asked about a particular startup situation (seed stage, CMO hire, non-founder) and particularly what compensation and equity is appropriate.

A VC: Employee Equity: How Much?

www.avc.com

Employee Equity: How Much? The most common comment in this long and complicated MBA Mondays series on Employee Equity is the question of how much equity should you grant when you make a hire. And the amount of equity you need to grant to accomplish these hires is also an art and most certainly not a science. However, a rule of thumb for those first few hires is that you will be granting them in terms of points of equity (ie 1%, 2%, 5%, 10%).

CTO Equity - Negotiation After Funding

SoCal CTO

I received an inquiry from a reader of my blog and thought I would provide some thoughts, but would definitely welcome input: I am an unpaid CTO of a small startup. 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). Now I feel like I was part of the team to build the company but equity valuation offered to me is not fair.

CTO Equity - Negotiation After Funding

SoCal CTO

I received an inquiry from a reader of my blog and thought I would provide some thoughts, but would definitely welcome input: I am an unpaid CTO of a small startup. 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). Now I feel like I was part of the team to build the company but equity valuation offered to me is not fair.

A Tech Company without a CTO is like a Bakery without a Chef

Business Plan Blog

In order to be a successful tech startup, the team must consist of a Chief Technical Officer (CTO) level member to help with the technology plan. This is generally achieved in one of the following ways: CTO Level Co-Founder (Equity). CTO Employee (Salary).

Los Angeles CTO / VP Engineering Job Searches

SoCal CTO

As the organizer of the LA CTO Forum , I get lots of inquiries by job seekers and people looking for CTO / VP Engineering talent. What I’ve not written as much about is what to do if you are a CTO looking for your next opportunity – especially in Los Angeles.

How to calculate the equity split between co-founders in a startup

The Next Web

There are a lot of variables to go into calculating a fair equity split a startup team. So, a CEO or CTO, would get a much higher stake than an office manager or a graphic designer, as an example. How do you manage your equity split in your company?

DoubleVerify Raises $33 Million on a $200 Million Valuation

VC Cafe

Ad verification startup DoubleVerify has raised a fourth round of $33 million from private equity fund JMI Equity and Institutional Venture Partners (IVP).

What does a CTO do?

www.lanceglasser.com

Customer Equity. 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? This is where you should see the CTO. The CTO ends up be one of the chief stewards of innovation.

CTO Founders / Cofounders

SoCal CTO

I just got done reading a post by Roger Ehrenberg Advice for CTO Founders: Don't Let Business Kill the Business where he suggests that CTO Founders should not move too early in finding a business cofounder: 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. I advocate treating them like a co-founder in every way except when they join and how much equity they get.

Entrepreneur Startup Share Depends on Contribution

Startup Professionals Musings

One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. Another common “failure to start” situation I see is one where the “idea person” insists that the idea is 90% of the value (and 90% of the equity).

How I Found a Great CTO

www.huffingtonpost.com

Ive occasionally worked with executive recruiters, for example in hiring a CTO for my first company, Eve.com. Size of Opportunity - market size, revenue or usage, exit outcome and their ability to get equity early are all important. HuffPosts QuickRead. Loading. HuffPosts QuickRead.

PHP 3

How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

The first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90 percent of the equity. The value in a startup is all about tangible results, so there is no equity value in the idea alone.

Stock 82

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? I did a presentation this week at Coloft that looked at how Non-Technical Founders can go about getting their MVP built.

CTO 107

Working with Developers

SoCal CTO

I.e., they need a developer more than they need a CTO. I just had a fellow CTO ask me about a particular technical design problem and several directions they could go and ask for my thoughts on the tradeoffs for those different choices.

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. 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.&# Investors use a consulting CTO for technical due diligence. Reply Was muss ein CTO tun?

How Much Stock Would Convince You To Join A Startup?

Startup Professionals Musings

CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% It never hurts to ask in a job interview what stock options are available, and don’t fall for the offer which promises to “work out the equity terms later.”

Stock 40

A Part-Time CTO - In-House or Outsource?

blog.aparttimecto.com

A Part-Time CTO Technology. Flexibility - You won’t need to commit to something, either cash, equity or involving other people, upfront. Cons: Money - Unless you have cash to pay, the pool of developers willing to work for equity is small. In Plain English.

Finding Startup Developers - First Email Contact

SoCal CTO

We have been reading about the LA CTO Forum and we thought it would be a great place to find him/her. I've written before about having an Initial Conversation with a Potential CTO. Here is the most recent version of an all too common email inquiry from a startup founder.

What Startup Advisors Do I Need?

SoCal CTO

You can’t afford and don’t want to hire a full-time CTO or architect. For me, if I can help you within a couple hours Free Startup CTO Consulting Sessions , I’m happy to do that and I don’t expect compensation or equity for that. I side more with Mark Suster who says : “advisory boards are an expensive equity proposition for merely introductions.” Bob Dorf just published a post Where are the Hackers?

How Valuable Are Stock Options Offered By A Startup?

Startup Professionals Musings

CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% It never hurts to ask in a job interview what stock options are available, and don’t fall for the offer which promises to “work out the equity terms later.”

Top 120 Startup Posts for 2010

SoCal CTO

Both Sides of the Table , July 22, 2010 An updated Digital Trends presentation - Jeff Hilimire , June 2, 2010 I do what I hate - Jessica Mah , January 7, 2010 Startup Equity Allocation - charliecrystle.com , January 11, 2010 When good investment decisions end up backing more women CEOs: Conversation with Cameron Lester at Azure Capital. Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc.

CTO 80

Splitting Startup Equity for Your Piece of the Pie

Startup Professionals Musings

One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. Another common “failure to start” situation I see is one where the “idea person” insists that the idea is 90% of the value (and 90% of the equity).