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CTO Equity - Negotiation After Funding

SoCal CTO

I received an inquiry from a reader of my blog and thought I would provide some thoughts, but would definitely welcome input: I am an unpaid CTO of a small startup. I have been working full time with two founders for about 10 months on full time basis. Please let this be a lesson to everyone – founders and CTOs.

CTO 167
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CTO Equity - Negotiation After Funding

SoCal CTO

I received an inquiry from a reader of my blog and thought I would provide some thoughts, but would definitely welcome input: I am an unpaid CTO of a small startup. I have been working full time with two founders for about 10 months on full time basis. Please let this be a lesson to everyone – founders and CTOs.

CTO 150
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Equity-Only CTO and Equity-Only Developers

SoCal CTO

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.

CTO Hire 241
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Equity for Early Employees in Early Stage Startups

SoCal CTO

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%

Equity 391
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10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

Every investor expects to see some business traction, both before and after a funding event. If you have neither, and choose to approach an investor, you will get no attention, and probably never again get a shot at funding with that investor. Now investors will pay attention, since scale-up funding is less risky and has a time frame.

Funding 112
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The Case for Optimism and Risk at Startups

Both Sides of the Table

.” When Elon Musk set out to build SpaceX he wasn’t greeted with enthusiasm from the space community not used to having a private enterprise challenge the government funded space exploration of NASA. Of course the naysayers are out again. We hired outside experts. We checked charge times. Time will tell.

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The Power of Getting the Band Back Together

Both Sides of the Table

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.

CTO Hire 320