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Equity-Only CTO and Equity-Only Developers

SoCal CTO

Was it a Startup Founder Developer Gap ? Did they really need a Startup CTO or Developer or both? Did they have a Weak Development Team ? Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). He needed some kind of CTO and as well Developers.

CTO Hire 241
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Free Startup CTO Consulting Sessions

SoCal CTO

Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Maybe you are wondering if you have a Weak Development Team ? Do you have a Startup Founder Developer Gap ? How Does it Work?

CTO Hire 264
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Free Startup CTO Consulting Sessions

SoCal CTO

Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Maybe you are wondering if you have a Weak Development Team ? Do you have a Startup Founder Developer Gap ? How Does it Work?

CTO Hire 259
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Interview with Kevin Hell, EvoNexus

socalTECH

When companies come into our incubator, we take no equity, we take no stake in the company, it's completely free for the participant. They get to meet the team, we do some due diligence, and have them talk to functional experts. That's through the generosity of the Irvine Company.

Incubator 212
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How The IBM PC Made Me Appreciate Entrepreneurs

Startup Professionals Musings

Way back in the early eighties, I was privileged to be part of the original IBM PC development team, led by Don Estridge. The culture of a large technology company is to rely on internal development or large, stable, and proven external vendors. Internal legal reviews and required new processes were slow to finalize.

IBM 85
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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. 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. The components are simple - expenses and income. Great strategy.

Startup 92
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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. 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. Investors assume it will only go up with more funding. Great strategy.

Startup 92