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Still, if you’re a business leader and your developers haven’t asked you these questions, look for a FractionalCTO to help navigate the critical early stage of development. How are you funding this? What level of funding do you currently have? Do you have a custom algorithm or other technology?
What does it mean to be a CTO for a startup? Should a startup CTO spend their time programming? Exploring new technologies? The role of a CTO varies as the company matures. Getting something to market and getting funding override any other concerns. A CTO can help you find the right answers.
Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.
Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.
I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. I used an image from Roger Smith that describes the varying roles of a CTO as the company matures.
I've posted quite a few things on the topics associated with being a Startup CTO. Here are some resources that come from other sources: Want to Know the Difference Between a CTO and a VP Engineering? Lessons Learned: What does a startup CTO actually do? Lessons Learned: What does a startup CTO actually do?
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-timehire 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.
I've posted quite a few things on the topics associated with being a Startup CTO. Here are some resources that come from other sources: Want to Know the Difference Between a CTO and a VP Engineering? Lessons Learned: What does a startup CTO actually do? Lessons Learned: What does a startup CTO actually do?
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-TimeCTO , Technology Advisor , CTO Founder , Acting CTO ? He needed some kind of CTO and as well Developers.
I generally am working as an acting CTO for about 3-4 start-ups or other companies at any one time. I also found this interesting graphic of the changing needs around the CTO role in different size/type companies that somewhat echoes my experience. During Stabilization, often the focus is transitioning to a full-timeCTO.
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.
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.
This is not only sad but incredibly frustrating, because it is so easy to see how a great technology can be developed and commercialized if only - if only the CTO hadn't been impulsive and insecure and brought on a business partner too early in the game. … And it’s not just inexperienced CTOs.
I’ve worked with 30+ early-stage companies in all sorts of capacities (and spoken to many, many more), so I thought it might be worthwhile trying to classify the various ways that I’ve engaged in different technology roles in startups. It depends on the business, people, technologies, etc. Each situation is just a bit different.
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?
San Diego-based eSUB Construction Software --fresh off a $12M funding round --says it has hired on a new Chief Technology Officer (CTO), to help it development its platform.
As I’ve written about recently, at Upfront Ventures we started talking a couple of years ago about wanting to fund stuff with more meaning. I think this is a combination of being realists as venture capitalists that outsized returns in our funds must come from taking on bigger, more impactful projects that can move markets.
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. Downey Ventures, M13, and SterlingVC.
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. READ MORE>>.
You may even have as much time left to get it "done" as it took to get it "mostly done" Normally, when I get this call, it's pretty far downstream (as in this situation). The funds have been used up on the existing development. And the person is trying to get it from mostly done to done with little additional cost.
They often make great team members such as head of products, CTO, head of sales, CFO, etc. If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? Why should I be? That’s hard core. It was May.
Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ).
The cuts, which amount to around one-third of Glossier’s corporate workforce, will primarily impact the company’s technology team. “[W]e W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 A Different Kind of Incubator - The Hive I recently met with The Hive a new incubator in Orange County. What I really liked in my conversations with The Hive is that they are willing to work with and fund ventures that would never get VC dollars. in Computer Science.
The technology team disagrees on direction and wants resolutions. You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. So we discussed his ideas several times. Your head of sales thinks she should fire somebody. He looked stunned.
skip to main | skip to sidebar SoCal CTO Tuesday, February 20, 2007 Innovation and Geography I ran across a post in Read/Write Web - Does Location Matter in Web Innovation? that talked about a recent NY Times article When It Comes to Innovation, Geography Is Destiny. eHarmongy) as an acting CTO. in Computer Science.
But you’re not a great candidate to be funded by VCs then. One great solution I see is to hire an outstanding CFO who runs both. I usually encourage people to think about titles like, “Founder & CTO&# or “Founder & VP Marketing.&#. Create hassles for post-merger integration of technology or teams.
more in a Series B funding round, the company said Wednesday, in a round led by Palisades Growth Capital. According to X1, the new funding will go to hire aggressively in development and sales. X1 is led by CEO Craig Carpenter and CTO Brent Botta. Pasadena-based e-discovery software developer X1 has raised $5.1M
in funding from Charles River Ventures, First Round Capital, DFJ Frontier, and angel investors. So, we put something together, and put in some money, and literally the next day I was out to breakfast with Josh Roth, the former CTO of Rent.com and NTI Group, and Josh was also looking for something to do. Jamie, thanks.
You fill out the short questionnaire, lawyers submit their price quotes, and they get hired. It occurred to us that a startup company with limited funding is not going to pay $5000 upfront, and that we would have loved to know the prices up front and not have to go through the same eight conversations eight times.
We now have seven companies, and have our own venture fund as well, and we'll be doing four or five for the next few years. It's created this perfect storm, where there's all kinds of new technology and challenges, which are slowly being fixed. On the customer side, we have companies like Samsung, GE, Kaiser Permanente, Accenture.
The press around the raise & company was fantastic and the promise of their technology – wireless charging that works as easily as WiFi – would positively affect many of our lives. As you may know Google recently restructured so that Larry could spend more time on big innovations – on “moonshots.”
It really wouldn’t take much to turn a great technology ecosystem into a truly electric one. Your highest priority right now is hiring the 1 or 2 people that are going to join your company and make a difference. There’s you and your killer CTO co-founder. As I gear up to give a keynote at the annual Seattle 2.0
Their fees are too high to put on a $15 ticket, and you don't need to pay for the technology to handle 30,000 people simultaneously trying to get assigned seats. Because of that, we saw problems in the industry, because the technology was not there to succeed. How did you get into the technology business?
You need to find the skills or experience you don’t have in business, technology, or money. Thus the real discussion must start with who will be doing the work, providing the funding, and delivering results. Level of responsibility and time allocated. Amount of venture funding provided.
I founded that with the former CTO of my first company, Kevin Smilak, who now works at Google. We were hired by a company that did outsourced medical billing and consulting for physicial medicine and rehab doctors. As we got out to visit doctor''s offices, and saw the technology, it seemed like they were ten years behind.
We''ll mostly be doing enterprise sales here, but also looking at the technology and design front, hiring better talent, taking design to a new level than maybe what we are in China. Michael Kleist: We''re seed funded, and have already raised money from twelve investors. Our CTO is mainland Chinese, but was educated here.
We spoke with Dave Fink , CEO and co-founder of Posite, and Jonathan Neddenriep , co-founder and CTO of the company, to learn more. Dave Fink: Postie is a building a technology platform with a mission of making direct mail marketing behave as easily and dynamically as your favorite, programmatic channels. What is Postie?
Last week, Santa Monica-based Revolution Prep announced its first, institutional round of funding, worth $15M, from Kennet Partners. It was us, funding ourselves from credit cards, literally, to a company that is now on par with Kaplan and Princeton Review. That's a big part of it. Ramit Varma: There are two things.
I spent an hour on the phone working with Sam Rosen, the CEO of MakeSpace on a senior exec he is considering hiring. I will soon announce a few fundings (not yet closed, sorry) and I’m beginning to help them think about how to ramp up their engineering teams. It came from my weekend activities.
Aaron Crayford: Before Rippol, I was the CEO and CTO of Vusion, a company that provided HD video streaming. Finally, how is the firm funded? We've been running for eleven months now, with me and another eight people working full time, and about ten people parttime. Aaron Crayford: We're completely bootstrapped.
A technology that will surely revolutionize how viewers interact with content and television in the very near future. The implications of what types of new interactive experiences can be made utilizing this technology are phenomenal. All of this is made possible by Coincident’s ScreenSync TV technology. Cool, right?
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