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Hiring Developers Before Product/Market Fit?

SoCal CTO

Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-time hire for that? Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. The startup founder is definitely not ready to hire a CTO.

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HyreCar Raises $1.46M In Debt Funding

socalTECH

Los Angeles-based online car rental service HyreCar has just raised $1.465M in debt funding, as part of an ongoing $2.3M funding round, according to a regulatory filing from the firm on Thursday. According to those filings, the funding comes on top of $1.65M in equity raised in a round which opened in June of 2017.

CTO Hire 157
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CTO Salary and Equity Trends 2009-2011

SoCal CTO

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). Or they are looking at Hiring a CTO and want to see what salary and equity ranges look like. It has not.

CTO Hire 294
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Loot Crate Names CTO

socalTECH

Los Angeles-based subscription box service Loot Crate said today that it has hired its first CTO, John Williams. Williams was most recently at TrueCar, where LootCrate said he created the unified data platform and technology strategy behind the company. Downey Ventures, M13, and SterlingVC. READ MORE>>.

CTO Hire 100
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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The email recounts some of the company’s recent mistakes, including prioritizing strategic projects that “distracted” the company from its core beauty business and that executives “got ahead of ourselves on hiring.”. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

CTO Hire 197
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Finding a Technical Cofounder for Your Startup

SoCal CTO

I've talked about that in lots of other posts, so you can visit some of these to help determine what you specifically need: Startup CTO or Developer Startup Software Development – Do Your Homework Before You Develop Anything Key ingredients in the equation are: How complex is the system? Do you have dollars to pay for development?

CTO Hire 211
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Veoh's Shapiro Named CTO Of MySpace Music

socalTECH

Los Angeles-based MySpace Music announced this morning that it has hired Dmitry Shapiro , who founded Veoh, as its new Chief Technology Officer. Shapiro had raised over $70M in funding for Veoh, until legal battles and the economy sunk the online video sharing site. Shapiro also served as founder of Akonix Systems.

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