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Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals. who start with small equity percentages don’t end up making very much from startups.

CTO Hire 241
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CTO Equity - Negotiation After Funding

SoCal CTO

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 167
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CTO Equity - Negotiation After Funding

SoCal CTO

I have been through many months with them but because of lack of funds, I spent lot of time doing non-technical work for first 4-5 months, spending time with them on putting pitches for investors, cash flows, budgets, writing business plans, product prototype setups etc. Likely this greatly affects cash vs. equity.

CTO 150
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The Changing Venture Landscape

Both Sides of the Table

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. If you’re going to play in the big leagues you need to be writing checks from a $700 million?—?$1 Are we in a bubble?” By definition?—?I’m of the fund.

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Finding a Technical Cofounder for Your Startup

SoCal CTO

I promised I would write this post with some thoughts and ideas on the topic. The bad news is that Finding Developers is Tough Here in Los Angeles and even people willing to pay have a hard time finding Web Development in Los Angeles. Here's an example of that kind of email. The bad news is that they can get a good paying job anytime.

CTO Hire 211
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Be Careful Not to Lose Twice

Both Sides of the Table

I fought with landlords (when the real estate market crashed), venture debt providers (who wouldn’t take a hair cut when everybody else had to), the board (over compensation), our competitors (over everything) and any service provider who didn’t live up to our perceived contract (recruiters, accountants, sales lead companies, web hosting companies).

Startup 199
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Free Startup CTO Consulting Sessions

SoCal CTO

I'm looking for free (equity only) development, should I contact you? We can likely provide technical strategy help at little to no cost, but hard core development generally requires that you have found someone to do it for you for equity or that you have some capital available (think $50K+). Do I have to write up the overview?

CTO Hire 264