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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%
Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. If you do not break it down into small pieces, its hard to make progress with part-time resources, freelancers, etc. Third party products are used appropriately.
So, here goes: Dr. Tony Karrer Over the past 15 years, Tony has been a part-timeCTO for more than 30 startups. Most notably, he was the original CTO for eHarmony for its first four years making him partly responsible for more than 4% of the marriages every year. Tony has a Ph.D.
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. They both would have lots of thoughts and ideas. What type of shares?
skip to main | skip to sidebar SoCal CTO Friday, March 9, 2007 Map of VC Investments Found this Map of 2006 VC Investments post. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup 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. I have been working full time with two founders for about 10 months on full time basis. They both would have lots of thoughts and ideas. What type of shares?
Los Angeles-based subscription box service Loot Crate said today that it has hired its first CTO, John Williams. Williams was most recently at TrueCar, where LootCrate said he created the unified data platform and technology strategy behind the company. Downey Ventures, M13, and SterlingVC. Downey Ventures, M13, and SterlingVC.
As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. You’ll get sales information from your VP of Sales, marketing information from your VP Marketing, tech information from your CTO and so on.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Finding Good Developers in Los Angeles? Im part of a CTO group that meets once a month to discuss various topics. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. Meredith came to see me along with the CTO Marc Berte.
Tony Karrer is CEO/CTO of TechEmpower , a Los Angeles Web Development firm, and is considered one of the top technologists in e-Learning. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Tuesday, February 27, 2007 Stanford Podcasts - eHarmony - Greg Waldorf I was just pointed to a set of great podcasts done by Stanford B-School and particularly, I just listed to the podcast by eHarmonys Greg Waldorf. He has twenty years’ experience as a CTO. in Computer Science.
skip to main | skip to sidebar SoCal CTO Tuesday, March 13, 2007 8 Ways the Internet has Changed Software Marketing Great post - 8 Ways The Internet Changed Software Marketing - is an interesting take on how different it is these days to market software. He has twenty years’ experience as a CTO. Good stuff. in Computer Science.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Kevin Federline Search Engine Just saw a post - Sleep with a pop star, get your own branded search engine. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. in Computer Science.
Los Angeles-based Global Fitness Media , which is developing a number of fitness-related online web sites, has hired on a new Chief Technical Officer, according to the firm's search agency, NeoHire. According to the firms, Daniel Auld has been appointed to the position. READ MORE>>.
skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 About this Blog Ive been thinking about doing a blog with my thoughts on technology and whats happening in the Los Angeles area technology scene for a while, but it was Ben Kuos recent start of a blog that inspired me to actually go ahead and do it. Thanks Ben.
skip to main | skip to sidebar SoCal CTO Sunday, February 25, 2007 Interesting Model for University President Saw a post by Paul Kedrosky pointing us to Graeme Thickins on How Stanford Does It. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. in Computer Science.
skip to main | skip to sidebar SoCal CTO Wednesday, February 28, 2007 Google Maps Mobile I recently downloaded Google Maps Mobile for my Treo. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Monday, March 12, 2007 MyShape Article - Analyst Misses the Point The NY Times did a piece today on MyShape, a start-up in Pasadena - Log in Your Measurements, and the Clothes May Fit. “They’re probably a little ahead of their time,&# she said. in Computer Science.
link] [link] Posted byTony Karrer at 5:33 PM 0comments: Post a Comment Newer Post Older Post Home Subscribe to: Post Comments (Atom) About Me Tony Karrer Dr. Tony Karrer is CEO/CTO of TechEmpower , a Los Angeles Web Development firm, and is considered one of the top technologists in e-Learning. He has twenty years’ experience as a CTO.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Time Rich, Time Poor and Apple Jeremy Liew at Lightspeed Venture Partners has an interesting post: Time Rich or Time Poor? In it he separates web consumers into: Time Rich (more time than money) and Time Poor (more money than time).
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 A Different Kind of Incubator - The Hive I recently met with The Hive a new incubator in Orange County. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. in Computer Science.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Where LinkedIn Works for Me Ive been a long time user of LinkedIn , but only recently have started getting the benefits I always expected. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Sunday, February 25, 2007 Challenge of Predicting Winners I just read a bit on the payout to YouTube from the Google Acquisition ( Internet News , CNN ). He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. in Computer Science.
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 Computer Science.
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.
skip to main | skip to sidebar SoCal CTO Friday, February 23, 2007 Events and Networking in Los Angeles One of the issues I discussed in Innovation and Geography was that the geography and traffic in Los Angeles generally makes it more difficult for networking. He has twenty years’ experience as a CTO. in Computer Science.
I’ve had several COOs at companies in which I’ve invested. One great solution I see is to hire an outstanding CFO who runs both. I usually encourage people to think about titles like, “Founder & CTO&# or “Founder & VP Marketing.&#. I expected it to be controversial and it was. and my favorite].
Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. This followed an investment late last year by Time Warner in the company in a round totaling $36 million , led by Rachel Lam , head of their investment group. Silicon Valley and Who Will Win.
He hired his co-founder and CTO Adam LeVasseur who set out to build systems to allow you to see all of your storage items in a beautiful app but also to build tech for logistics, driver management, customer service, billing and so forth. I wrote about that experience here without giving away the details of the business.
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. Not enough time. My investment is my time. Not enough wisdom.
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!&#. Should she take a chance and potentially ruffle feathers? He looked stunned.
The math works out that the investor owns 25% of the company post deal ($1 million invested / $4 million valuation) and assuming 1 million shares, each share would be valued at $3 / share ($3,000,000 pre-money / 1 million shares = $3 / share). You’ll need to hire and retain talen to grow your company. That’s normal.
skip to main | skip to sidebar SoCal CTO Thursday, March 22, 2007 Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups Ive been participating in a Yahoo Group that are users of LinkedIn and who are Bloggers: [link] Its an interesting group of folks from diverse backgrounds. in Computer Science.
I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). Let me not bury the lede. BuildOnline (the company I founded) has just announcement plans to be more aggressive in growing in the US.
Computer Vison Startup Nanit If you follow me on Snapchat ( msuster ) you might already know that I’ve been looking at and investing in a number of companies in the computer vision space. Today I am so excited to announce our latest investment in the category — Nanit — which is a smart baby monitor.
Los Angeles-based online real estate investing marketplace RealtyMogul.com says it has named two executive, naming Sameer Shamsuddin as Chief Technology Officer and Niall Weintraub as Vice President of Marketing. The company said the two hires are part of broader growth at the company, including 10 new hires since July.
I had been doing some angel investing, and incubating several projects. So, we put something together, and put in some money, and literally the next day I was out to breakfast with Josh Roth, the former CTO of Rent.com and NTI Group, and Josh was also looking for something to do. So, with this funding, are you planning any hiring?
The sales team doesn’t like me to give demos,&# I usually think to myself, “a follow up meeting probably isn’t necessary.&# Similarly if you need your CFO to walk me through your financial model you’re probably not the right investment for me. I told him that “president&# was a strange title for a startup.
Domeyer recently told us how mobile visitors to the web are dramatically changing how Oversee looks at the market, and are pushing the firm to invest more in technology to adapt to mobile users. Debra Domeyer: I've got a good CTO, who knows the industry well, and is well networked. So, we haven't had that much trouble. READ MORE>>.
According to X1, the new funding will go to hire aggressively in development and sales. X1 is led by CEO Craig Carpenter and CTO Brent Botta. Pasadena-based e-discovery software developer X1 has raised $5.1M more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital.
The most common ones I see and salute are CEO, CFO, and CTO. This is a fancy title for a personnel manager in a large corporation who keeps track of all the hiring and firing, and has a staff to build job descriptions and personnel policy documents. More executives, or other more creative titles are seen as a big red flag.
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