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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. There was an informal verbal agreement that I would work for a certain hourly rate for my time. Please let this be a lesson to everyone – founders and CTOs.

CTO 167
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Slingshot Aerospace Names Advisory Board

socalTECH

El Segundo- and Austin-based Slingshot Aerospace says it has named a Board of Advisors, which will provide it with counsel, advice, and support. Slingshot is venture backed by ATX Venture Partners, Revolution's Rise of the Rest Seed Fund, Techstars Ventures, and Okapi Venture Capital, along with others.

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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. There was an informal verbal agreement that I would work for a certain hourly rate for my time. Please let this be a lesson to everyone – founders and CTOs.

CTO 150
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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I acted as the occasional mentor, advisor and coach to Ethan. We generally have a policy to only fund entrepreneurs once the first version of a product has shipped or it near to shipping. So I asked Ethan to build his product first and then we would fund. The company was called Red Beacon. He was seeking $500k.

CTO Coach 359
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Attorney and Startup Business Advisor – Aaron Shechet

SoCal CTO

You and I were talking about a startup recently and where they might go for seed stage funding, what is your impression on that aspect here in Los Angeles? We are not “finders” and usually serve the role of advisor and attorney. A few years ago “venture capital” was a revenue model. Are you doing much of that?

Startup 150
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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

Your goal should be to turn your VCs into extended members of your team to get real value from them. Understanding where your VC partner sits in their respective fund and where their fund is in the cycle of its investment lifecycle will help you understand your VCs behavior. What Rob wrote in his post is right.

Tips 365
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Interview with Bong Koh, LifeCrowd

socalTECH

There's the problem with finding the right instructor, finding other friends who wanted to learn surfing with me, finding something that would fit my schedule, getting information about pricing, all of those things. Tony Adam is an advisor, he was formerly at MySpace. Bong Koh: The experience there has all been positive.

Startup 271