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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%
Eventually you need a VP of Product to handle your product roadmap, a CTO for engineering leadership and VPs of sales, marketing & biz dev. The “doers” in your organization. You hire great people. You motivate, cajole, reassign tasks, hire, fire and push the organization forward. You set direction.
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.
The way we dealt with this issue is that we took each senior exec in the company (including the CFO and the CTO) and assigned them to important accounts. It isn’t uncommon for CEOs to talk about biz dev deals prematurely, hint at product announcements or even hint at acquisitions. The organization gets used to it and adjusts.
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.
The third piece of our business, is we''ve developed the infrastructure, technology, and methodology to discover content, and put it into our own, salesforce like system, which allows our researchers to pick out videos, track down the content creators, and do all of the contracting through the system. Lee Essner: That''s a great question.
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. What did you guys consciously do to manage this transition and how much of it was organic? “To free weekly Infochachkie articles!
We caught up with CEO Serge Gojkovich to learn more about what the company is up to, and to hear more about the company''s acquisition of Curby this week. So how did this acquisition come about? What is Curbstand up to right now? Serge Gojkovich: I came aboard in April of this last year, and we did a $3M raise shortly thereafter.
Wireless & Voice Application Software) Exit: technology acquired Lesson: Timing is critical. Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. The SWAT team helped us kick-start the project and get it to market in less time that it would have taken us to interview and hire a small team.
Wireless & Voice Application Software) Exit: technology acquired Lesson: Timing is critical. Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. Ive hired some of my best people straight out of college, taxi cab drivers and have even stolen coffee makers from Starbucks. Zondigo, Inc. Startup 3.0:
Wireless & Voice Application Software) Exit: technology acquired Lesson: Timing is critical. Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. We initially hired him as our in-house recruiter. Our IT group was not able to support all of the new people we hired. Zondigo, Inc. Startup 3.0:
This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions). Add basic partner contracts or alliances. Actively pursue mergers and acquisitions.
You want somebody who can raise $15 million to build out your R&D, business development and sales organizations. They often are very good at getting information out of people, helping create a framework for making decisions and pushing for support amongst the organization from those that back the decision and those that do not.
This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions). Add basic partner contracts or alliances. Actively pursue mergers and acquisitions.
This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions). Add basic partner contracts or alliances. Actively pursue mergers and acquisitions.
aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. Call it facts for hire. It would be a bit like the hired gun in the old west, but more suited for today’s times. You got it.
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