article thumbnail

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. Please let this be a lesson to everyone – founders and CTOs. Find a lawyer and someone who does CTO searches for VC backed companies in your area. Or was it options?

CTO 167
article thumbnail

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. Please let this be a lesson to everyone – founders and CTOs. Find a lawyer and someone who does CTO searches for VC backed companies in your area. Or was it options?

CTO 150
Insiders

Sign Up for our Newsletter

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

article thumbnail

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
article thumbnail

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

Both Sides of the Table

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). I acted as the occasional mentor, advisor and coach to Ethan. Let me not bury the lede. The company was called Red Beacon.

CTO Coach 359
article thumbnail

Interview with Michael Wong, MergeLocal

socalTECH

Michael Wong: I was previously CTO of an agency called Breakthrough Ads. My cofounder, Steven Elliott, was CTO of a company doing artificial intelligence and automated chat technology. Can you talk about how your company is funded? Michael Wong: We're with StartEngine, and have received a small amount of seed funding from them.

CTO Coach 223
article thumbnail

How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Invest in selective strategic alliances. Startups can’t usually afford a business development team, so that effort is just one of the measurements that should fall on every CTO and CEO. The initiator funds the innovators’ development activities and gives them the flexibility to work independently. Partial acquisition.

article thumbnail

Why Solving Big Food & Healthcare Problems Will Yield Spectacular Companies

Both Sides of the Table

I’ve spoken before about our desire at Upfront Ventures to fund really big ideas that solve hard problems, are science led and if successful will both have a positive effect on people’s lives as well as make great financial returns. We’re not Pollyannaish about this. In short, we’re after venture returns. They have raised $14 million to date.

Company 207