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Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.
I’ve been having discussions with several people recently about the role of the CTO (ChiefTechnologyOfficer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. That’s why Roger Smith puts the focus of the CTO on programming for the earliest stage.
One Kings Lane , the online, home furnishings flash sales site which splits its operations between San Francisco, Los Angeles, and New York, said today that it has snagged former Zappos.com CTO Arun Rajan as its new ChiefTechnologyOfficer. Rajan will be at the company''s San Francisco offices. READ MORE>>.
Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). Or they are looking at Hiring a CTO and want to see what salary and equity ranges look like.
Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Of course, I provide part-time CTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions. Is it a sourcing question around whether you need a Startup CTO or Developer or both?
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Of course, I provide part-time CTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions. Is it a sourcing question around whether you need a Startup CTO or Developer or both?
Fundamentally venture capital is about human capital. The rest of our team included the founding CTO of Maker Studios (Ryan Lissack) and the CEO of DataSift (Tim Barker) so we seemed to all be in good company of ex Salesforce execs looking to make a difference. Venture Capital is a people business. Nothing fancier.
The Abundance of Late-Stage Capital Benefits All A lot has been said about the negatives of the late-stage capital that has entered the VC world but the reality is that it also is incredibly important at funding “the long game” and letting many of these companies remain independent and ultimately IPO.
Los Angeles-based Bridg has named a new CTO, saying today that Rony Sawdayi has been appointed as ChiefTechnologyOfficer. Bridg is backed by March Capital Partners, Morpheus Ventures, NextEquity Partners and Visa. Sawdayi was previously Vice President of Engineering at Bizrate Insights Inc. READ MORE>>.
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-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? He needed some kind of CTO and as well Developers.
Chang as its ChiefTechnologyOfficer. Chang was most recently CTO at Advent Software, where she had run the firm's technology operations for the past 19 years. Medsphere is venture backed by Azure Capital Partners, Epic Ventures, Thomas Weisel Venture Partners, and Western Technology Investment.
Los Angeles-based Triton Digital , the Oaktree Capital-backed provider of digital advertising services to the traditional and online radio market, said today that it has named Jean-Francois ("Jeff") Gadoury as its ChiefTechnologyOfficer.
Music Mastermind , which develops software which combines music creation, social gaming, celebrity musicians, and others in its games, said this morning that it has tapped a veteran of Muve Music and Napster as its new CTO. Mitchell also has served at CTO of Napster. READ MORE>>.
Los Angeles-based restaurant ordering systems developer Chownow says it has named a new ChiefTechnologyOfficer. According to the company, Bharath Chinamanthur has joined the company as CTO from Blink Health, where he was EVP of Product, Engineering, and Operations.
Santa Monica-based Corenerstone OnDemand , a developer of software-as-a-service for human resources and talent management, announced today that it has named Mark Goldin as ChiefTechnologyOfficer of the firm. Goldin was most recently Chief Operations and TechnologyOfficer at Green Dot Corporation.
Los Angeles-based Mojix , a developer of RFID technology, said today that it has promoted Dr. Christopher R. Jones as its new ChiefTechnologyOfficer. Mojix is venture backed by Oak Investment Partners, Red Rock Ventures and InnoCal Venture Capital. Jones also served at Broadcom. READ MORE>>.
Woodland Hills-based ReachLocal , which provides online marketing products for small- and medium-sized businesses, reported today that it has named Jeff Hagins as ChiefTechnologyOfficer, and promoted Steven Power, former Australia CEO, to Executive Vice President of Global Sales Operations. Edwards, and Lockheed Martin.
Santa Monica-based GoodRx , a venture-backed startup which runs a prescription drug pricing marketplace, has named Jody Mulkey as the company's ChiefTechnologyOfficer. GoodRx is backed by Founders Fund, Upfront Ventures, Highland Capital, SV Angel, Lerer Ventures, Dawn Lepore (drugstore.com), and Mike Ovitz.
Valencia-based Capital Exchange , an online community site focused on the financial community, has been acquired by Los Angeles private equity firm Revolution Capital Group , Revolution Capital said today. Financial terms of the acquisition were not disclosed. READ MORE>>.
As the organizer of the LA CTO Forum , I get lots of inquiries by job seekers and people looking for CTO / VP Engineering talent. I’ve written quite a bit about aspects of this topic, especially from the perspective of startup founders looking for talent – you can find these in: Startup CTO.
CyberFlow, which is headed by Dr. Hossein Eslambolchi--former ChiefTechnologyOfficer of AT&T--said the new round brings its total raised to $2.6M. The company said it will use the investment to commercialize its security technology. cyberflow analytics security software venture capital protection cybersecurity'
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?
500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? First Principles.
Some great posts from April 2010 that talk to me in terms of being a CTO at a Startup. Redeye VC , April 13, 2010 Startup Development - SoCal CTO , April 23, 2010 Want to Know the Difference Between a CTO and a VP Engineering?
Investors: Matrix (Dana Stadler, who was the CTO of PayPal). Blippy (and their competitor Swipely – which was founded by Angus Davis , who has a great track record from both Netscape and TellMe, both aim to capitalize on the era of consumers living more openly ala Twitter, Foursquare and Gowalla. 15mm in Series A. OpenCandy.
San Diego-based ServiceNow , the provider of enterprise, software-as-a-service products for IT management, has snagged the cloud infrastructure CTO out of Zynga , Allan Leinwand. Leinwand headed up Zynga's infrastructure efforts, and also previously founded Vyatta, in addition to having been a venture capitalist at Panorama Capital.
Among executives at the firm are Kenn Stearns (eRealty), who joins as Chief Product Officer; Saro Vasudevan (Capital One), Chief Customer and Credit Officer; David Subar (BreakMedia, Interthinx), as Interim ChiefTechnologyOfficer; and Michael Barton (Startup Exchange, TicketMaster-CitySearch), who joins the firm as Chief Operating Officer.
Los Angeles-based Prevoty said this morning that it has named Roger Thornton, the ChiefTechnologyOfficer at Alienvault, to its board of directors. Thornton is also the founder of Fortify Software, which he sold to HP in 2010. Prevoty develops runtime application security software. READ MORE>>.
The reality is that an early employee in a pre-funded startup that eventually raises a few rounds of capital will be diluted significantly, is down the line in preference, and will likely be locked up for a while to harvest it. And that's assuming that it's a fairly positive outcome.
These products don’t get at the full potential for cellular technology according to Daan Luining, Meatable’s chieftechnologyofficer. “We have seen the nugget and the chicken burger, but we’re working on whole muscle tissue,” Luining said.
Digiaro was former Head of Monetization and a co-founder at SlingShot Labs, and Whitcomb was formerly co-founder and ChiefTechnologyOfficer at MySpace. Tags: myspace chris dewolfe colin digiaro aber whitcomb executive venture capital.
San Diego-based Achates Power , the developer of improved internal combustion engine technology, said today that it has named John Koszewnik as Chief Technical Officer. Achates Power is venture backed by Sequoia Capital Partners, Rockport Capital Partners, Madrone Capital Partners, InterWest Partners and Triangle Peak Partners.
Stephen Stokols, the CEO of Los Angeles-based Freedompop , as well as Winklevoss Capital , which has recently had a presence in LA, have both invested in a maker of "smart outlets" which turn on using Bluetooth.
The funding came from Shima Capital, blockchain platform Forte, gaming community SNACKCLUB, guild and mod platform Overwolf, plus the founders of gaming companies Illuvium and investors Woodstock Fund, FJ Labs, Bixin Ventures, among others. Los Angeles-based gaming startup Midnight announced this morning that it has raised $7.5M
Los Angeles-based private equity investor OpenGate Capital announced this morning that it has acquired Chicago-based InRule Technology , a developer of decision management and business rules management software. Financial terms of the acquisition were not announced. READ MORE>>.
Increase in the number of inquiries I've been getting for: Free Startup CTO Consulting Sessions and/or other similar kinds of inquiries. A lot of this action is early-stage startups and it's not clear to me how all of this will shake out given how hard it is for VCs to raise capital right now. Are others seeing this as well?
The funding came from Carrick Capital Partners. According to Carrick Capital Partners, it co-founder and managing director, Jim Madden, as well as its CTO, Steve Unterberger, will both join Mavenlink''s board as part of the funding. mavenlink venture capital saas software project management cloud collaboration'
Thursday, December 1, 2016 -- TechFire: Kleiner Perkins' Eric Feng (former CTO of Hulu and Flipboard).TechFire A partner with Kleiner Perkins Caufield and Byers (KPCB), one of the most prominent venture capital firms in Silicon Valley, Eric also has deep ties with the Los Angeles tech community, having served as the founding CTO of Hulu.
Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has acquired NetDocuments , a provider of cloud-based document management, email management, and collaboration software for law firms and corporate legal and compliance customers. Financial details of the acquisition were not announced.
Irvine-based cybersecurity software developer Cylance announced today that it has raised $20M in a Series B funding, which came from Blackstone, Khosla Ventures, Fairhaven Capital and un-named private investors. Crowdstrike is led by George Kurtz, also a founder of Foundstone, and who was CTO and GM at McAfee/Intel. READ MORE>>.
The company''s ChiefTechnologyOfficer is Dave Meyer (Free Credit Report, eNeighborhoods), and its Chief Product Officer is Jeanne Anderson (DogVacay). campus steps campussteps venture capital college counseling high school student startup' Names of those investors were not announced. READ MORE>>.
Gradient X , the online mobile marketing and advertising technology developer backed by GRP Partners, Rincon Venture Partners, Crosscut Ventures, Founder Collective, Double M Capital, Baroda Ventures, Siemer Ventures, and others, has snapped up some talent from OpenX with its latest hire. READ MORE>>.
AnyBeat is backed by Freestyle Capital, Social Leverage, Arthur Bilger, Draper Fisher Jurvetson, Howard Lindzon, Tom Anderson, Alex Bard, Alex Karelin, Kenny Van Zant, and Francis Costello. Shapiro was the founder of Veoh and former CTO of MySpace Music.
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