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Technical Advisors: Every Startup Needs One

TechEmpower

Why do this without the right technical advisor? Just like attorneys, technical advisors can help navigate waters that many find murky. Actually, many startups need two kinds of technical advisors. CTO Founder – Do they really still need a technical advisor? Please write us at blog@techempower.com !

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The Authoritative Guide to Prorata Rights

Both Sides of the Table

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. For starters some funds are small and thus while they put $750k into your company to own 10% of your company they might not be able to write another $2 million if you then raise a $20 million round (10%).

Guide 336
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A Guide to Using Authority & Social Proof in Fund Raising

Both Sides of the Table

The book is a layman’s guide to understanding how we as humans make decisions and is underpinned by data-oriented studies to prove his claims. Social proof is defined as “looking for others to guide our decision&# and it can be both explicit and implicit. When I want to go to restaurants I check out Zagat and Yelp.

Guide 293
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WTF is Traction? A 6-Step Relationship Guide to VC

Both Sides of the Table

They get positive product reviews on TechCrunch, GigaOm or Paidcontent.org. It’s marketing 101 for tech companies in terms of how you market to customers. And I know many stories of Benchmark or similar investors writing term sheets after the first meeting. They tell you they’re going to ship product and they do.

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Document Your MVP for a Developer

SoCal CTO

He is not a technical person, but is somewhat web savvy. It's the same as when I've created financial models and then have it reviewed by a hard-core CFO, sophisticated investor or similar kind of expert. You likely are writing your first one of these. Go find a new technical resource. Founder : Umm. I know how it feels.

Develop 354
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Equity-Only CTO and Equity-Only Developers

SoCal CTO

And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? Consider what Ryan Waggoner tells us How to Find a Technical Cofounder : When I was doing freelance development, I had about one pitch per week for an equity-only opportunity. Go to tech (or other relevant industry) events. Go to user groups.

CTO Hire 241
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How I Use Visualization to Drive Creativity

Both Sides of the Table

So I thought I’d write a post about how I drive my personal creativity. (A The key is channeling what you learn when you drive onto paper for retention purposes so you have to write it down soon afterward. I want to know how many people, their level of tech sophistication, their age and their interests.

Writing 356