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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.
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. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
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.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. I used an image from Roger Smith that describes the varying roles of a CTO as the company matures.
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-TimeCTO , Technology Advisor , CTO Founder , Acting CTO ? He needed some kind of CTO and as well Developers.
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%
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.
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?
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?
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.
But if you level up , raise capital and grow customers, revenue and staff – life changes. Eventually you need a VP of Product to handle your product roadmap, a CTO for engineering leadership and VPs of sales, marketing & biz dev. You hire great people. Do you hire more sales people? You set direction.
He hired his co-founder and CTO Adam LeVasseur who set out to build systems to allow you to see all of your storage items in a beautiful app but also to build tech for logistics, driver management, customer service, billing and so forth. After 9 months it was time to raise seed capital and go test drive our new software and processes.
Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ). Onward & upward DataSift. Startup Lessons'
It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. Meredith came to see me along with the CTO Marc Berte.
Los Angeles-based Global Fitness Media , which is developing a number of fitness-related online web sites, has hired on a new Chief Technical Officer, according to the firm's search agency, NeoHire. According to the firms, Daniel Auld has been appointed to the position. READ MORE>>.
skip to main | skip to sidebar SoCal CTO Friday, March 9, 2007 Map of VC Investments Found this Map of 2006 VC Investments post. 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?
This is part of my Startup Advice series. I had a picture in the office of my first company with the logo above and the capital letters JFDI. (In You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. He was stuck on capital raising.
skip to main | skip to sidebar SoCal CTO Tuesday, March 13, 2007 8 Ways the Internet has Changed Software Marketing Great post - 8 Ways The Internet Changed Software Marketing - is an interesting take on how different it is these days to market software. He has twenty years’ experience as a CTO. Good stuff.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Kevin Federline Search Engine Just saw a post - Sleep with a pop star, get your own branded search engine. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
HyreCar's CEO is Joe Furnani, and its CTO is Abhi Arora. HyreCar's service lets drivers rent cars which they can use to drive for Uber and Lyft, with no contracts and no sign up fees. That earlier equity funding had a target of $2.975M, and had included 62 investors as of November. READ MORE>>.
skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.
The truth is you really don’t know how your teammates or your bosses will perform in good times and bad. You hire people who look good on paper. So one of the surest signs you’ve hired a leader is the willingness of his or her former team to re-assemble. After 6 months – you know. You REALLY know.
The email recounts some of the company’s recent mistakes, including prioritizing strategic projects that “distracted” the company from its core beauty business and that executives “got ahead of ourselves on hiring.”. billion valuation from Lone Pine Capital, Sequoia, Forerunner Ventures and others.
skip to main | skip to sidebar SoCal CTO Monday, March 12, 2007 MyShape Article - Analyst Misses the Point The NY Times did a piece today on MyShape, a start-up in Pasadena - Log in Your Measurements, and the Clothes May Fit. “They’re probably a little ahead of their time,&# she said.
link] [link] Posted byTony Karrer at 5:33 PM 0comments: Post a Comment Newer Post Older Post Home Subscribe to: Post Comments (Atom) About Me Tony Karrer Dr. 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.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Time Rich, Time Poor and Apple Jeremy Liew at Lightspeed Venture Partners has an interesting post: Time Rich or Time Poor? In it he separates web consumers into: Time Rich (more time than money) and Time Poor (more money than time).
They often make great team members such as head of products, CTO, head of sales, CFO, etc. I recently read the book eBoys about the founding of Benchmark Capital and the founding of eBay. About 18 months ago in early 2008 we hired an analyst (pre-MBA), but wanted to wait until after Summer to hire a post-MBA associate.
more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. According to X1, the new funding will go to hire aggressively in development and sales. X1 is led by CEO Craig Carpenter and CTO Brent Botta. Pasadena-based e-discovery software developer X1 has raised $5.1M
In my post, Technology Roles in Startups , I described some of the different ways I engage with startup companies such as CTO Founder , CTO , Part-TimeCTO , Acting CTO , Consultant, Advisor and Advisory Board Member. And don’t confuse having a CTO with getting an Technology Advisor.
The Internet doesn't work right, and is broken, and without a CDN, you can't do what you need to do if you're the CTO of a large website. We happen to be very profitable company, but as we look to grow, also need to explore different sources of capital. Really, it's just another source of capital.
Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Gee, if they treat me like this in good times I wonder how they’d treat me in bad times!&#. You’ll need to hire and retain talen to grow your company. That’s normal.
in funding from Charles River Ventures, First Round Capital, DFJ Frontier, and angel investors. So, we put something together, and put in some money, and literally the next day I was out to breakfast with Josh Roth, the former CTO of Rent.com and NTI Group, and Josh was also looking for something to do. Jamie, thanks. We raised $2.1M
skip to main | skip to sidebar SoCal CTO Thursday, March 22, 2007 Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups Ive been participating in a Yahoo Group that are users of LinkedIn and who are Bloggers: [link] Its an interesting group of folks from diverse backgrounds.
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.
Great content again in September that meets at the intersection of startups, technology, product and being a Startup CTO. Shortly after we sold Opsware to Hewlett-Packard, I had a conversation with the legendary venture capitalist Doug Leone of Sequoia Capital. Some have made the model work. It’s great advice. It’s simple.
Your highest priority right now is hiring the 1 or 2 people that are going to join your company and make a difference. There’s you and your killer CTO co-founder. When you think about the success that is Silicon Valley, the unfair advantage is not just the huge amounts of available venture capital. Venture Capital.
VMIX said that it has appointed Mike Glickenhaus as President and CEO, and appointed co-founder and former CEO Greg Kostello as CTO. Co-founder and EVP Terry Ash is now in charge of partner alliances, and the firm has hired on Dan Charleston as SVP of Business Development. READ MORE>>
And not enough capital embracing these moonshots. We hired outside experts. And that’s why uBeam is rightly focused on perfecting their product, innovating, hiring and building for the future not on responding to every criticism from those without details of what we’re actually doing. Working on it. I was not fried.
This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.
He left out capital sources, but it's still a pretty succinct list of the types of people / communication you should be having early stage. Startups that come to me and ask me to sign an NDA in order to get Free Startup CTO Consulting really are missing it. You need all of these people to bake the cake. What is Stealth?
We''ve raised around $72 million now in equity capital. I founded that with the former CTO of my first company, Kevin Smilak, who now works at Google. We were hired by a company that did outsourced medical billing and consulting for physicial medicine and rehab doctors. Back to Kareo--what''s next for you?
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