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A FractionalCTO bridges the gap between founders and developers to help keep your tech strategy aligned with your business goals. This helps your startup stay agile and competitive in a fast-paced marketplace.
What does it mean to be a CTO for a startup? Should a startup CTO spend their time programming? Increasing competitive advantage? The role of a CTO varies as the company matures. That’s why the CTO’s attention is on programming for the earliest stage. A CTO can help you find the right answers.
The terms “CTO&# and “VP Engineering&# have such stigmas associated with what they are that I’m sure some people will feel uncomfortable with the definitions I’ve put forward. I hope many will read this and have an answer for the question, “what’s the different between a CTO and a VP of Engineering?&#.
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.
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? Ben Casnocha: The Blog , April 15, 2010 Everyone I spoke with loved the idea.
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. You motivate, cajole, reassign tasks, hire, fire and push the organization forward. Extremely talented people are ultra competitive. You set direction.
As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. You’ll get sales information from your VP of Sales, marketing information from your VP Marketing, tech information from your CTO and so on.
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.
You can always tell during this discussion whether the entrepreneur has logged into their products, talked to their customers, read all the news stories and gotten all of the back channel info on the competition. You can tell if they have a deep-seated competitive spirit. Can’t go a mile deep on competition?
” Bill Gross, who is one of the Godfathers of the Internet, once told me, “ If you don’t design a product that is 10x better than the competition then you’ll never build anything truly big or amazing.” ” That’s what we’ve set out to build at MakeSpace. 10x the experience.
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.
Because I am true to the hiring practices I preach, I wanted a strong exec who would “ punch above their weightclass ” by taking a job they hadn’t yet done but would hugely aspire to and thus work harder to out perform. In the same year they won Business Insider’s Startup competition. Nice sweep!
You fill out the short questionnaire, lawyers submit their price quotes, and they get hired. We''ve worked out he bugs, and since then have hired a full timeCTO and others. The hard part, is getting in front of those people at the right time. There are over 100 different questionnaires on the website.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. A good overall example is the synergy between Google co-founders Sergey Brin and Larry Page, as well as long-time Executive Chairman Eric Schmidt. Feels a real passion and love for their role.
Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. You’ll need to hire and retain talen to grow your company. It was accept the terms or go into bankruptcy so we took the money. The VC assumes you’ll have an option pool.
He listed all of the product releases that were up coming, the customers that were in the pipeline and where he saw his competition moving. 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.
In his spare time he raised nearly $30 million. Trust me – that kind of encounter can mean the difference between securing a contract, protecting yourself from getting turfed or getting acquired one day. In Rob’s spare time he always seems to be going to a boxing class or some other competitive, physical activity.
We''ll mostly be doing enterprise sales here, but also looking at the technology and design front, hiring better talent, taking design to a new level than maybe what we are in China. It''s also a dog-eat-dog world over there with the competition. Our CTO is mainland Chinese, but was educated here. Getting the talent is an issue.
You’ll learn about competitive products that exist or are being built. Startups that come to me and ask me to sign an NDA in order to get Free Startup CTO Consulting really are missing it. The Top Five Reasons Entrepreneurs Should Learn About IP Law What Can a Well Drafted Contract Do For Your Company?
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. The passion has to be in the business context – meaning results oriented, customer oriented, and sensitive to competition. Partner decisions are more important than hiring decisions.
You’ll learn about competitive products that exist or are being built. Startups that come to me and ask me to sign an NDA in order to get Free Startup CTO Consulting really are missing it. The Top Five Reasons Entrepreneurs Should Learn About IP Law What Can a Well Drafted Contract Do For Your Company?
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. The passion has to be in the business context – meaning results oriented, customer oriented, and sensitive to competition. Partner decisions are more important than hiring decisions.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. The passion has to be in the business context – meaning results oriented, customer oriented, and sensitive to competition. Partner decisions are more important than hiring decisions.
At CallWave, Colin was CTO, Jason was CFO and I was in charge of product marketing and customer acquisition. Who do you view as your biggest competition? We’re always hiring great people. I think these personal traits are what reunited us; even more so than our vision for RingRevenue. You’re right.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. The passion has to be in the business context – meaning results oriented, customer oriented, and sensitive to competition. Partner decisions are more important than hiring decisions.
We''re looking for lighting bolts in time which are important. Whether that''s for competitive analysis or market analysis, our product is basically able to monitor--on a very large scale--things that are important to your particular company. I was hired to head up strategy, marketing development, and product management.
It might not be problems in geometry, it might be because students can't add fractions in algebra. So, we give basic instruction and then signal teachers on where to better focus their classroom time. We also have a director of curriculum and CTO, which as enlarged the user experience on the technical team.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. A good overall example is the synergy between Google co-founders Sergey Brin and Larry Page, as well as long-time Executive Chairman Eric Schmidt. Feels a real passion and love for their role.
It’s the exact same phenomenon in sales when you’re in a competitive RFP and 5 firms are pitching. It’s the MOST important thing you need to do in fund raising — create a million excuses of why you need a little bit more time and have more stuff to show them. By the end the buyer forgets why they loved your presentation.
Therese is the former CTO at SunGard Treasury Systems, and has a wealth of experience in the financial software market. I had actually retired from SunGard as CTO before starting BlackLine. How much competition is there in this space with people like Oracle, SAP, etc? I've always worked on financial systems.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Of course, a real contract or purchase order from a big customer is even better.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Of course, a real contract or purchase order from a big customer is even better.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Of course, a real contract or purchase order from a big customer is even better.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. The passion has to be in the business context – meaning results oriented, customer oriented, and sensitive to competition. Partner decisions are more important than team member hiring decisions.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CIO) and a product lead (CTO). It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Of course, a real contract or purchase order from a big customer is even better.
We were over 2x up on this round, and we also had a bunch of individual investors who wanted to put in--people who had invested in our competition a few years ago. It's a great time for that, because there's lots of talent out there. We were oversubscribed, and had a stack of term sheets.
I seem to encounter a lot of people who want to attach a CTO label to me as I'm the only programmer on the founding team of three. While I do fill that role at the moment, I'm a little hesitant to refer to myself as a CTO as we still haven't launched a product, acquired a single user, or turned or a penny in profit. Who will do that?
Bringing in Steady engineers too early could result in a less competitive product, bringing them in too late could result in instability. Ive hired some of my best people straight out of college, taxi cab drivers and have even stolen coffee makers from Starbucks. Steady engineers are likely to sacrifice innovation for quality.
We initially hired him as our in-house recruiter. Tim did such a great job of hiring the best, brightest people so quickly that our company infrastructure wasn’t keeping up. Our IT group was not able to support all of the new people we hired. As CTO, it was my job to solve this problem. Tim was my right arm at L90.
August was a slow month in terms of traffic and I was away for a lot of the month, but there were some really great posts at the intersection of startups, technology, product and being a Startup CTO. Every time I see my graduate students try to teach for the first time, it’s usually so painful I bite my lip. The Dry Run.
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. Use external sourcing to fill in the non-critical gaps.
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. Competing To Win Deals - A VC : Venture Capital and Technology , November 7, 2010 The venture capital business is highly competitive. You got it.
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. Use external sourcing to fill in the non-critical gaps.
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