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Faraday Future Loses Three Executives

socalTECH

Los Angeles-based electric car developer Faraday Future , even after dramatically scaling back its ambitious plans, appears to be circling the drain--losing three executives, including its CFO, CTO, and head of its manufacturing line. In addition, Faraday Future said it had "terminated immediately" the employment of CTO Ulrich Kranz.

CTO Hire 113
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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

In his spare time he raised nearly $30 million. Trust me – that kind of encounter can mean the difference between securing a contract, protecting yourself from getting turfed or getting acquired one day. Ask for help reviewing your press release. Equally each of your board members are probably on 5-10 boards. Assign away.

Tips 365
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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

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. They can then direct staff, allocate budgets, talk to the press, connect you with politicians and attend events. They need somebody bending their ears.

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. This followed an investment late last year by Time Warner in the company in a round totaling $36 million , led by Rachel Lam , head of their investment group.

Media 320
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The Case for Optimism and Risk at Startups

Both Sides of the Table

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. We hired outside experts. Marc Berte, the CTO, and a masters from MIT, is exceptionally gifted. What about battery charge times?

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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

What we are talking about is a spectrum of how you restrict early communications around your business: Who you will talk to including the public / press / etc. Startups that come to me and ask me to sign an NDA in order to get Free Startup CTO Consulting really are missing it. But generally I'm going to favor being open.

Startup 211
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Getting Your Head in the Game for Fund Raising

Both Sides of the Table

Very, very few founders have an easy time despite what you read in the press. Read the press and gather every named investor you’ve never heard of before and see if they’re increasingly active. Never stop in the ink is dry on the contract and the money is in your bank account. Fund raising is hard for everybody.

Funding 238