SoCal CTO

JANUARY 18, 2011

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). I tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time.

CTO 167

CTO CTO Hire Equity Vesting 167

Startup Professionals Musings

JUNE 2, 2021

Apple pulled ahead of other mobile phones in its early days largely because it cultivated an ecosystem of software developers who created iPhone apps to meet every consumer niche and need. Simple metrics and your personal knowledge of the industry can’t keep up with all the relevant competitive forces.

Software Review 355

Software Review Algorithm Global IPO 355

SoCal CTO

JANUARY 18, 2011

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). I tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time.

CTO 150

CTO CTO Hire Equity Vesting 150

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Startup Professionals Musings

FEBRUARY 8, 2013

If both of you are experts at software development, even though one loves design and the other loves coding, that still won’t get the marketing done. Look at the big picture first of development, finance, and marketing/sales. This is a critical element of a good relationship, but a tough one. Complementary skills.

Partner 258

Partner Software Review CTO Hire Equity 258

SoCal CTO

FEBRUARY 13, 2013

If you are on the lower complexity end, the key is defining small chunks of work that can be done quickly by a developer. Equity-Only CTO and Equity-Only Developers Technology Roles in Startups Want to Know the Difference Between a CTO and a VP Engineering? The "Questions" post is probably the most important.

Technical Cofounder 338

Technical Cofounder Technical Review CTO Hire Fractional CTO 338

The Startup Magazine

JANUARY 15, 2020

Software development is an ongoing project. The company recently announced its first minority investment, from Spectrum Equity. That personal approach to software development has been a key feature of Kajabi’s culture since the company launched in 2010. Investor Input?

Software Developers 81

Software Developers Software Development Equity Software 81

Steve Blank

MAY 17, 2022

But they herald a sea change in what computers are capable of doing, how they do it, and what hardware and software is needed to do it. These rules are explicitly coded into a program using a software language (Python, JavaScript, C#, Rust, …). Classic Computers – Software Updates, New Features. Classic Computers- Hardware.

Artificial Inteligence 419

Artificial Inteligence Software Review Algorithm Technical Review 419

SoCal CTO

APRIL 28, 2014

Other Topics Covered I also covered topics that are covered more thoroughly in the following posts: Document Your MVP for a Developer. I’m a long way into development and I’m 90% done and we are having issues getting it completed See Symptoms of a Weak Development Team and Poor Software Developers - Pull the Plug Early.

Technical Cofounder 280

Technical Cofounder Developer Fractional CTO CTO Hire 280

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

YoungUpstarts

JUNE 16, 2020

When you’ve properly valued your business, you can use that valuation as collateral for a loan or new equity to expand operations, or establish another location. million dollars, because your software development firm is expected to generate enough revenue over time to offset that. This is called a multiple.

Valuation 162

Valuation CPA Software Review Revenue 162

Feld Thoughts

OCTOBER 7, 2013

After getting up at 5, having a delightful run at 6, walking Brooks, and then hanging with Amy for four minutes, I got in my car and drove over to Rally Software for their Big 1% Give Back event. Part of that vision became the agile software development products that Rally makes. My day started out great.

Community 182

Community Colorado Common Stock Equity 182

Startup Professionals Musings

OCTOBER 5, 2014

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

This is going to be BIG.

AUGUST 21, 2014

What you can offer is interestingness, a thoughtful challenge, and a little bit of equity. Plus, from the advisor side, it might be a good way to build up a little portfolio of startup equity without having to put up angel cash. Working with young companies is cool and it gets the juices flowing.

Founder 120

Founder Software Developers Software Development Venture Capital 120

SoCal CTO

MARCH 12, 2012

I've talked about that in lots of other posts, so you can visit some of these to help determine what you specifically need: Startup CTO or Developer Startup Software Development – Do Your Homework Before You Develop Anything Key ingredients in the equation are: How complex is the system? Go to user groups.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

Startup Professionals Musings

FEBRUARY 21, 2012

The cost of giving up more equity early is often more than offset by the increased flexibility to recover from mistakes. Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. Great strategy. Do it yourself and barter for services.

Burn Rate 232

Burn Rate Startup Salary Equity 232

ReadWriteStart

JUNE 1, 2020

In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. Any custom manufactured IoT device would require software development as well as hardware customization. Forms of funding. ? Equity investment.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Hearpreneur

APRIL 24, 2024

“Apptimistic” – Apptimistic is a No-Code software development agency. ” I wanted to create a positive anticipation specifically related to the potential success or impact of software applications. All my previous and current business names I have come up with follow this same exact format and pattern.

Naming 142

Naming Entrepreneur Hungary Search 142

Startup Professionals Musings

JANUARY 28, 2011

The cost of giving up more equity early is often more than offset by the increased flexibility to recover from mistakes. Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. Great strategy. Do it yourself and barter for services.

Burn Rate 231

Burn Rate Startup Salary Equity 231

ReadWriteStart

JANUARY 20, 2020

All while the majority of the economy is driven greatly by boring industries often owned by private equity, not venture capital. That was before we even discussed the required software development. No, I prefer boring businesses and established companies that are not seeking their own sweat equity for services provided.

Sweat Equity 107

Sweat Equity Non-Compete Startup Azure 107

Startup Professionals Musings

SEPTEMBER 14, 2016

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

discuss.joelonsoftware.com

NOVEMBER 1, 2010

(Not logged on) | Register | Log On Home Discuss Jobs About The Business of Software A community discussing the business of software, from the smallest shareware operation to Microsoft. A part of Joel on Software. where I can learn about how to build a sweat equity team? Please register for a free account. The gist: 1.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

ReadWriteStart

JANUARY 20, 2020

All while the majority of the economy is driven greatly by boring industries often owned by private equity, not venture capital. That was before we even discussed the required software development. No, I prefer boring businesses and established companies that are not seeking their own sweat equity for services provided.

Sweat Equity 78

Sweat Equity Non-Compete Startup Azure 78

Up and Running

AUGUST 30, 2021

Angel investors, venture capital firms, accelerators, and (maybe) the newer equity crowdfunding will look to see if you have previous experience in startups. Alex understood he knew next to nothing about software development and engineering, so he searched for an engineer. You don’t have to be good at everything.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

The Next Web

SEPTEMBER 18, 2012

Wercker : a continuous deployment solution for software developers, hosted in the cloud. Rockstart typicall invests roughly $20,000 in exchange for 8 percent equity in participating startups, also providing six months of free office space and the aforementioned three-week road trip to Silicon Valley.

Silicon Valley 123

Silicon Valley CTO Hire Continuous Deployment Cofounder 123

Feld Thoughts

APRIL 13, 2015

All the articles about how capital efficient businesses were a result of AWS, better software development tools, easier starting points, better scaling technologies, and lots of other things. Do you remember when it was “all software, all the time?” Internet of Things wasn’t yet a buzzword. Was it just b t?

Venture Capital 70

Venture Capital Software Developers Software Development Equity 70

Software By Rob

NOVEMBER 16, 2009

Business of Software is a conference organized by Neil Davidson and Joel Spolsky , and was held this year in San Francisco. The speaking line-up is a who’s who of software bloggers and authors, including Geoffrey Moore, Paul Graham, Dharmesh Shah and Joel Spolsky. There were several great presentations during the conference.

Software Review 47

Software Review Software San Francisco RSS 47

blog.nahurst.com

JULY 19, 2010

Nathan Hursts Blog Thoughts on Software, Technology, and Startups « Back to blog Im on the technical side of entrepreneurship in NYC. This covers one of the most common situations I encounter: For a pre-funding web startup whose team includes only a non-technical cofounder, how much equity should an incoming technical cofounder get?

Technical Cofounder 43

Technical Cofounder Cofounder Equity Salary 43

Software By Rob

NOVEMBER 16, 2009

This morning Seth Godin published a post titled Debt, equity and a third thing that might work better. That’s when you find one or more (future) customers that help fund your product development in exchange for input into the process and free or highly discounted use of the software. at 5:15 pm Thanks for a great post Rob!

Equity 42

Equity Software Review RSS Widget 42

The Equity Kicker

SEPTEMBER 18, 2012

Staying disciplined is an ongoing process of self improvement and I’m always looking for new tricks and tactics, so when I saw a link to Achieving top mental performance for software developers I clicked straight through, and to my delight I found a great post. The diagram below captures the central point brilliantly.

Software Developers 157

Software Developers Software Development Software Developer 157

www.singlefounder.com

OCTOBER 23, 2010

I’d like to take a few minutes to dispel the top five myths of software startups. I could point to countless examples of mediocre software being unleashed upon the general population, after which people like you and me have to help replace it with something decent. In fact, not having one can be more helpful than anything else.

Software Review 40

Software Review Software Startup Massachusetts 40

SoCal CTO

APRIL 27, 2011

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. The first thing I do is suggest they explore if they really need to hire a full-time CTO for their startup and if so, what kind of CTO they need.

CTO Hire 282

CTO Hire Los Angeles Hiring Technical Review 282

Startup Professionals Musings

FEBRUARY 5, 2010

The cost of giving up more equity early is often more than offset by the increased flexibility to recover from mistakes. Pay people with equity or future revenue. Another one to avoid cash burn for software development is a contract for percent of future revenue. Great strategy. Do it yourself and barter for services.

Burn Rate 120

Burn Rate Startup Salary Equity 120

ConversionXL

JANUARY 18, 2022

Coca-Cola has brand equity that makes people gravitate towards it. In this article, you’ll understand what brand equity is and how to build it so your audience reaches for your product, service, or solution over the rest. Why brand equity matters now more than ever. Brand equity. It’s the safer bet. Every day in the U.S.,

Equity 94

Equity Marketing Social Media Software Review 94

SoCal CTO

MAY 27, 2010

However, many founders are challenged to engage with developers to make it effectively happen. There are a bunch of questions in Startup Software Development – Do Your Homework Before You Develop Anything and in Startup CTO or Developer. And figuring out answers may take a lot of work.

CTO Hire 170

CTO Hire Developer Founder Startup 170

Austin Startup

JULY 8, 2017

Software automation (or free templates) will not replace your lawyers, or dramatically cut legal spend. Last time I checked a solid software developer will cost you six figures in salary; ignoring equity. There is no magical software, recruiting strategy, or template on google that will get around that.

Startup 48

Startup Salary Early Stage Software 48

SoCal CTO

APRIL 27, 2011

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. The first thing I do is suggest they explore if they really need to hire a full-time CTO for their startup and if so, what kind of CTO they need.

CTO Hire 225

CTO Hire Los Angeles Hiring Technical Review 225