Remove Engineer Remove Hiring Remove Software Review Remove Vesting
article thumbnail

Your need for a board grows with complexity.

Berkonomics

As soon as any outside money is ingested into the corporation, others have a vested and legal interest in the behavior of officers entrusted with the best use of funds. I engineered the extraction of the outside investors, even at a near total loss. Start-ups with one founder rarely have or need a board of directors.

article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. is a SaaS tool that companies can use to assess engineers before they hire them. Vested Technology spent $17k on their MVP.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Equity-Only CTO and Equity-Only Developers

SoCal CTO

Most of the great software startups that I’ve been involved in have at least one technical co-founder (and many have more than one.) You should avoid spending your time here and instead focus on finding a way to generate revenue or to attract investors so that you can afford to hire someone. How To Get There

article thumbnail

VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. They read reviews of the products of target investments.

article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. is a SaaS tool that companies can use to assess engineers before they hire them. Vested Technology spent $17k on their MVP.

article thumbnail

Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. Vlad is also the CEO at DarwinApps , a software development shop.

article thumbnail

Why Uber is The Revenge of the Founders

Steve Blank

A version of this article is in the Harvard Business Review. 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. This seems to be occurring more and more. Why do these founders get to stay around?

Founder 274