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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. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.
I’ve been having discussions with several people recently about the role of the CTO (ChiefTechnologyOfficer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. That’s why Roger Smith puts the focus of the CTO on programming for the earliest stage.
What does it mean to be a CTO for a startup? Should a startup CTO spend their time programming? Exploring new technologies? The role of a CTO varies as the company matures. This is a safe choice, of course - but is it the best choice? A CTO can help you find the right answers. What does the role demand?
Because more technology people probably read startup blogs I’m guessing this post will come under more scrutiny. The terms “CTO&# and “VP Engineering&# have such stigmas associated with what they are that I’m sure some people will feel uncomfortable with the definitions I’ve put forward. But barely.
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. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.
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. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions. See Equity-Only CTO and Equity-Only Developers for more on this.
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. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions. See Equity-Only CTO and Equity-Only Developers for more on this.
I had a recent email dialog with the founder of a company looking for a CTO for their startup. Did they really need a Startup CTO or Developer or both? And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? He needed some kind of CTO and as well Developers.
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. The larger the circle, the larger the number of responses.
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. The larger the circle, the larger the number of responses.
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. Please let this be a lesson to everyone – founders and CTOs. Of course, that doesn’t help here. Don’t put yourself in this situation. What type of shares?
Are you a non-technical startup founder who’s about to go have a conversation with a Chief Technical Officer (CTO) or Technical advisory type person? Maybe you are trying to determine what technologies might apply that you should be evaluating. Of course, when you go to have this conversation be prepared.
Based on my posts Startup CTO or Developer and Acting CTO , Chris O’Meara wrote an interesting post Startup CTO: Could It Work? If you think that's person you need, the question becomes "what else do you expect a CTO to contribute?" " Of course, that’s a rare combination. I love blog conversations.
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. Please let this be a lesson to everyone – founders and CTOs. Of course, that doesn’t help here. Don’t put yourself in this situation. What type of shares?
As the organizer of the LA CTO Forum , I get lots of inquiries by job seekers and people looking for CTO / VP Engineering talent. I’ve written quite a bit about aspects of this topic, especially from the perspective of startup founders looking for talent – you can find these in: Startup CTO.
We had an interesting presentation at the LA CTO Forum by the CTO of a startup who chose Groovy / Grails as the framework for their startup. t prompted a good discussion around how CTOs go about choosing the programming language and framework for their startup. Of course, I'm not sure that anyone chooses Java alone.
Then my CTO quit. And the CTO was a super close friend (and former roommate). I had never talked to my CTO about making sure he had no single-points-of-failure on his team – including himself. And as a board it is of course our responsibility to ask the tough questions, too. From then on in we all talked about it.
Of course, to be able to use this kind of formula, you will need to be able to determine how much impact the person will have and figure out a valuation. Of course, all of that assumes that the early employee does make an impact. Suppose further that he's going to cost $60k a year in salary and overhead, x 1.5 = $90k total.
When I talk with early-stage companies, often the discussion starts with them asking me about Hiring a CTO for Your Startup , or Finding a Technical Cofounder for Your Startup or How to Find Programmers for Your Startup. In many cases, during my Free Startup CTO Consulting Session with them, we discuss where they are in in the process.
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? The good news is that likely is not what they want.
These are often the same things that cause a founder to reach out to me about helping their CTO, VP Engineering, tech team, off-shore development, etc. CTO Knowledge and Skill I personally believe that the best CTOs will have a technical/developer background. Some of the top symptoms are: Frequently missed deadlines.
they need a developer more than they need a CTO. What happens when you have a really good developer is that a gap exists where you may not ask the right questions to specify the right system, consider appropriate 3rd party technologies, etc. Of course, you probably are going to provide more of a feature list.
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. Here’s the other aspect that both Tony and I preach: get help.
Quality of Events Of course, the bigger issue with events is finding the ones where you will have a really good opportunity to network with interesting people. He talks about a bunch of the different networking events that occur in Los Angeles and other parts of Southern California.
Correct your course quickly. Don't be fooled by a Common Misunderstanding in Agile Software Development. While You Are Building Your MVP Look for the following Symptoms of a Weak Development Team. And when you have Poor Software Developers - Pull the Plug Early. Learn how to test and possibly use testing and load tools.
Of course the naysayers are out again. Of course backbencher has also become a slang term for “someone who exaggerates their actual power, influence, or importance, usually for nefarious purposes.” I, of course, am betting on the former and am not 1% swayed by the doubters. Of course not. We will do that.
Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ). and Microsoft had become.
Calabasas-based BlackLine Systems , the developer of financial close software headed by Therese Tucker, is trumpeting its certification course this week, saying that it recently certified 22 consultants from KPMG as part of its professional services courses. Tucker is the former CTO of SunGard Treasure Systems. READ MORE>>.
Lynda.com offers up online education courses on things like Adobe Photoshop, Illustrator, Microsoft Excel, AutoCAD, and much more. According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content. Meritech Capital also participated in the funding.
In the early days the CEO is the jack-of-all-trades, doer-of-all, famously the “chief janitor” or coffee maker. Eventually you need a VP of Product to handle your product roadmap, a CTO for engineering leadership and VPs of sales, marketing & biz dev. You course correct. You set direction. You hire great people.
skip to main | skip to sidebar SoCal CTO Tuesday, February 20, 2007 Innovation and Geography I ran across a post in Read/Write Web - Does Location Matter in Web Innovation? eHarmongy) as an acting CTO. Of course, thats probably even more true in Silicon Valley. He has twenty years’ experience as a CTO.
Good entrepreneurs can admit when their course of action was wrong and learn from it. You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. They move the ball forward every day. They are quick to spot their mistakes and correct.
Of course triangulation is a mathematics term that is used in sailing and other activities to help you better navigate when you don’t have your bearings. On teams I have a framework for tech teams “ CTO vs. VP Eng ” or on sales I have “ Journeymen, Mavericks & Superstars ” 5. Triangulate.
Almost every day I'm talking to early stage startup founders (see Free Startup CTO Consulting Sessions ) about what they plan to do. Of course, it's way more complex than just these questions. I tend to ask a lot of questions, challenge aspects, make suggestions. But I've often been very surprised by one aspect of these conversations.
In my post, Technology Roles in Startups , I described some of the different ways I engage with startup companies such as CTO Founder , CTO , Part-Time CTO , Acting CTO , Consultant, Advisor and Advisory Board Member. And don’t confuse having a CTO with getting an Technology Advisor.
Almost every day I'm talking to early stage startup founders (see Free Startup CTO Consulting Sessions ) about what they plan to do. Of course, it's way more complex than just these questions. I tend to ask a lot of questions, challenge aspects, make suggestions. But I've often been very surprised by one aspect of these conversations.
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. Of course, this needs to be "elevator size" - 3 to 4 sentences. Please let me know if you can share this information with your members.
I've done four Free CTO Consulting Sessions in the past month with startup founders who all had run into variations of the same problem. Of course, what's really at issue here is: How much time/effort should be spent defining things that are farther away in terms of development? They couldn't plan their business.
Michael Wong: I was previously CTO of an agency called Breakthrough Ads. My cofounder, Steven Elliott, was CTO of a company doing artificial intelligence and automated chat technology. We had worked together for six years before starting MergeLocal, which came about on the golf course.
The LA CTO Forum , which I help organize, has more than 100 Software/Web CTOs from all sorts of companies. Of course, this is a bit more complicated given the issues raised in Startup CTO or Developer , but maybe leave that aside for now. It’s a pretty active, but very private network.
This aligns with understanding the the core business model: Get Users (= Acquisition, Referral) Drive Usage (= Activation, Retention) Make Money (= Monetize) (and Lifetime Value is a good one) Of course, that’s a big part of what the investor wants as well. And you definitely should have ideas around important proof points for the business.
The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. Founded in 2014, Glossier is widely touted as one of the earliest breakout successes of the DTC model, and raised its Series E last July at a $1.8
On Friday, at the LA CTO Forum , I heard from a couple of CTOs having trouble finding good developers. Of course, a lot of people say the same thing. I’m seeing and hearing that it’s becoming tough finding good developers again, at least here in Los Angeles. Depends on complexity. Sorry, I wish I could be more help.
Of course, there's a lot more on any kind of application like this to really get things setup, but Branchout has done a good job making that happen incrementally. And, of course, that person gets notified and you can tweet or post your endorsement as well. They've also done a nice job of importing LinkedIn background information.
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