article thumbnail

Startup CTO or Developer

TechEmpower

What does it mean to be a CTO for a startup? Should a startup CTO spend their time programming? Here’s a graphic from Socal CTO that illustrates the roles as they change over time: In its earliest days, a startup’s top need is often to produce a product. This is a safe choice, of course - but is it the best choice?

CTO Hire 260
article thumbnail

How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Don’t waste your resources on the wrong ones. It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective.

Resource 171
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The best advice startups will never follow

Berkonomics

The problem, of course, comes if the business fails. Don’t take money, especially startup loans, from unsophisticated investors. . I was a co–lender and assumed the chairmanship of a young startup where the entrepreneur’s cousin also loaned money under the same terms. Every contact should be a learning experience.

Startup 317
article thumbnail

Entity Academy, an edtech startup that trains, mentors and places women in tech roles, secures $100M

TechCrunch LA

An edtech startup called Entity Academy — which provides women with training, in areas like data science and software development; mentoring; and ultimately job coaching — has raised $100 million on the heels of strong growth of its business, and an ambition to improve that ratio.

Mentor 297
article thumbnail

Every Startup Goes Through Distinctive Funding Phases

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million-dollar investment before they even have a business plan. Don’t waste your resources on the wrong ones. It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective.

Startup 122
article thumbnail

10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. It always reduces risk to plan your business first.

Startup 136
article thumbnail

10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” On the other hand, there are many additional creative options available for starting a business that you might not find for buying a car, home, or other major consumer item. Join a startup incubator or accelerator.

Startup 106