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What does it mean to be a CTO for a startup? Should a startup CTO spend their time programming? The role of a CTO varies as the company matures. Here’s a graphic from Socal CTO that illustrates the roles as they change over time: In its earliest days, a startup’s top need is often to produce a product.
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.
Based on my posts Startup CTO or Developer and Acting CTO , Chris O’Meara wrote an interesting post Startup CTO: Could It Work? Common sense says you'd do your best to hire or otherwise permanently engage that lead developer. " Of course, that’s a rare combination. They were hired to build stuff.
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’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. I used an image from Roger Smith that describes the varying roles of a CTO as the company matures.
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. I hope many will read this and have an answer for the question, “what’s the different between a CTO and a VP of Engineering?&#.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-timehire for that? Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. In other words, they come in asking for help with sourcing and hiring.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
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-TimeCTO , Technology Advisor , CTO Founder , Acting CTO ? He needed some kind of CTO and as well Developers.
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%
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. I have been working full time with two founders for about 10 months on full time basis. Please let this be a lesson to everyone – founders and CTOs.
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.
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.
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. I have been working full time with two founders for about 10 months on full time basis. Please let this be a lesson to everyone – founders and CTOs.
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 hire great people. You course correct. You motivate, cajole, reassign tasks, hire, fire and push the organization forward. Marketing of course often feels the opposite.
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.
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. In the fourth case, the founder was getting ready to sign a very large contract, but they didn't feel they had much visibility into what was going to be delivered. They couldn't plan their business.
they need a developer more than they need a CTO. Of course, you probably are going to provide more of a feature list. 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.
You can’t afford and don’t want to hire a full-timeCTO 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.
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.” We hired outside experts. I, of course, am betting on the former and am not 1% swayed by the doubters.
They often make great team members such as head of products, CTO, head of sales, CFO, etc. He and his partner told me about this new idea over the course of nearly a year. But remember what you learned in your MBA course – less downside / less upside … risk vs. reward. I finally called bullshit. It was May.
The email recounts some of the company’s recent mistakes, including prioritizing strategic projects that “distracted” the company from its core beauty business and that executives “got ahead of ourselves on hiring.”. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.
The truth is you really don’t know how your teammates or your bosses will perform in good times and bad. You hire people who look good on paper. So one of the surest signs you’ve hired a leader is the willingness of his or her former team to re-assemble. After 6 months – you know. You REALLY know.
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. But “he didn’t have the budget to hire a developer until he had raised money!&#.
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? that talked about a recent NY Times article When It Comes to Innovation, Geography Is Destiny. eHarmongy) as an acting CTO.
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-TimeCTO , Acting CTO , Consultant, Advisor and Advisory Board Member. And don’t confuse having a CTO with getting an Technology Advisor.
The Internet doesn't work right, and is broken, and without a CDN, you can't do what you need to do if you're the CTO of a large website. But, the timing is not very specific on that, and it's really about when the company is ready, and the market is ready. We're in the domain of hiring relatively technical people, gearheads.
” Of course, it’s more complicated than just checking boxes on a question list. Still, if you’re a business leader and your developers haven’t asked you these questions, look for a FractionalCTO to help navigate the critical early stage of development.
On Friday, at the LA CTO Forum , I heard from a couple of CTOs having trouble finding good developers. I don’t have specific suggestions for people you can hire. 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.
Because I am true to the hiring practices I preach, I wanted a strong exec who would “ punch above their weightclass ” by taking a job they hadn’t yet done but would hugely aspire to and thus work harder to out perform. In industry this is known as “yield management” and of course it needs to exist.
Now, I think we're seeing major companies who see that this is great, are doing pilot projects, and see the value they are getting, and realize what they need to do is go mainstream, and broaden access to all of that data to a much larger part of their organiation--and do that, ideally, without hiring hundreds of data scientists.
Great content again in September that meets at the intersection of startups, technology, product and being a Startup CTO. 8220; His three things (worth reading his whole post anyway) are set vision/strategy and communicate broadly, recruit/hire/retain top talent, and make sure there’s enough cash in the bank. It’s great advice.
I spent an hour on the phone working with Sam Rosen, the CEO of MakeSpace on a senior exec he is considering hiring. And I spoke with the CTO of another great company I used to be on the board of and enlisted his support in potentially being an advisor to one company. Of course I could go on and on. Roger Ehrenberg. Fred Wilson.
If you have existing investors of course you feel a degree of comfort knowing that they would likely have your back in tough times — but of course you never really know. Having a list of VCs to approach is of course is a good start. Of course you want the best source possible. Don’t let it!
Level of responsibility and time allocated. Co-founders only able to work part-time, with responsibility and major income sources elsewhere, don’t carry the same risk as others with more operational responsibility. The CTO of many technical startups was the original founder.
” Of course I agree with this. Of course by the next quarter if I felt ripped off I could advocate for 7% or maybe ops requirements needed to be upped to 20% for one quarter. Of course we fancy ourselves as the best sales people in the company. And of course the VP of Sales had the ultimate call.
The company provides SAT, ACT, and other similar test preparation courses and related software. The reason we were able to offer our course at that price point, and why we have our scholarship policy, is because our internal systems allow us to run the business very efficiently, and consistently, with a minimum number of internal staff.
Of course I have. Your highest priority right now is hiring the 1 or 2 people that are going to join your company and make a difference. There’s you and your killer CTO co-founder. And of course you need a mature venture capital industry. That’s why more VCs ought to be spending time in Seattle.
Messenger : Thorsten von Eicken , RightScale’s Co-Founder and CTO, Chief Architect at Citrix Online (formerly Expertcity) and Professor of Computer Science at Cornell University and UC Santa Barbara. I taught a somewhat crazy course about writing and deploying a scalable website in Ruby on Rails and deploying it in EC2.
The major source of output of course has a computer monitor that fortunately takes a lot less desk real estate than it did when I started at my first job in 1991. Of course in recent years voice as I/O is becoming mainstream. The CTO, Tor Ivry , heads engineering out of Israel. These things are knowable using computer vision.
Level of responsibility and time allocated. Cofounders only able to work part-time, with responsibility and major income sources elsewhere, don’t carry the same risk as others with more operational responsibility. The CTO of many technical startups was the original founder.
Level of responsibility and time allocated. Co-founders only able to work part-time, with responsibility and major income sources elsewhere, don’t carry the same risk as others with more operational responsibility. The CTO of many technical startups was the original founder.
He's the former CTO at Stocktwits, and he did the analysis and found out a lot of stuff. We continued to enhance our software to make it easier for them to follow the steps to cash in on credits, and of course, by following those steps they were able to predictably close more deals. What we've done a lot is really focused on hiring.
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