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I was just asked about a particular startup situation (seed stage, CMO hire, non-founder) and particularly what compensation and equity is appropriate. Seed Stage Compensation What are typical compensation numbers? Quick & Dirty How-To: Employee Stock Option Allocations
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: CTOEquity Compensation PDF.
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.
Todd Gitlin of Safire Partners was nice enough to compile some data on CTOEquity 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: CTOEquity Compensation PDF.
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.
I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders are likely not paid for a long time and have a sizeable equity percentage for early risk and having the concept. Same Value for Sweat Equity as Investment Dollars?
A long-time friend and colleague, Steve Wexler, who is great at visualization took my Startup CTO Salary and Equity Data and produced a really need interactive visualization via Tableau. Of course, as you would suspect, equity percentages dilute based on years in business. Most non-founders have less than 2%.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Of course, I provide part-time CTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions. Is it a sourcing question around whether you need a Startup CTO or Developer or both?
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Of course, I provide part-time CTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions. Is it a sourcing question around whether you need a Startup CTO or Developer or both?
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 tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time. Of course, that doesn’t help here.
Several people have recently come to me to help them source and/or hire full-time CTOs for their startup having found me through my post that looks at: Startup CTO Salary and Equity Data. I'd suggest: Startup CTO or Developer , Startup Founder Developer Gap , Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO.
A long-time friend and colleague, Steve Wexler, who is great at visualization took my Startup CTO Salary and Equity Data and produced a really need interactive visualization via Tableau. Of course, as you would suspect, equity percentages dilute based on years in business. Most non-founders have less than 2%.
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 tried to argue that the equity should be what it was at the time I joined and discussed but there was no formal agreement at that time. Of course, that doesn’t help here.
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'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?
Burbank-based Cast & Crew Entertainment Services , which provides technology-enabled payroll and production-management services to the entertainment industry, has snagged a PayPal executive to serve as its new ChiefTechnologyOfficer. Cast & Crew is backed by private equity investor Silver Lake Partners.
Several people have recently come to me to help them source and/or hire full-time CTOs for their startup having found me through my post that looks at: Startup CTO Salary and Equity Data. I'd suggest: Startup CTO or Developer , Startup Founder Developer Gap , Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO.
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. … Lack of confidence? Camaraderie? Perhaps all of the above.
As the organizer of the LA CTO Forum , I get lots of inquiries by job seekers and people looking for CTO / VP Engineering talent. I’ve written quite a bit about aspects of this topic, especially from the perspective of startup founders looking for talent – you can find these in: Startup CTO.
Equity-Only CTO and Equity-Only Developers Technology Roles in Startups Want to Know the Difference Between a CTO and a VP Engineering? If you do not break it down into small pieces, its hard to make progress with part-time resources, freelancers, etc.
Burbank-based Cast & Crew Entertainment Services , which provides technology and payroll and production management services to the entertainment industry, said it has named Alex Godelman as its new ChiefTechnologyOfficer.
Both Sides of the Table , July 22, 2010 An updated Digital Trends presentation - Jeff Hilimire , June 2, 2010 I do what I hate - Jessica Mah , January 7, 2010 Startup Equity Allocation - charliecrystle.com , January 11, 2010 When good investment decisions end up backing more women CEOs: Conversation with Cameron Lester at Azure Capital.
Slavin was previously a developer of real estate in the Los Angeles area, and according to the firm is a managing partner at private equity firm Napias Group.
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? Go to user groups. Refine your elevator pitch.
they need a developer more than they need a CTO. What happens when you have a really good developer is that a gap exists where you may not ask the right questions to specify the right system, consider appropriate 3rd party technologies, etc. Many are not interested in 3rd party technologies that can streamline development.
You can’t afford and don’t want to hire a full-time CTO or architect. For me, if I can help you within a couple hours Free Startup CTO Consulting Sessions , I’m happy to do that and I don’t expect compensation or equity for that. Here’s the other aspect that both Tony and I preach: get help.
Rubicon Project's Addante was formerly ChiefTechnologyOfficer and a founder of L90, and was co-founder of StrongMail systems. Rubicon is venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn.
Valencia-based Capital Exchange , an online community site focused on the financial community, has been acquired by Los Angeles private equity firm Revolution Capital Group , Revolution Capital said today. Financial terms of the acquisition were not disclosed. READ MORE>>.
Lynda.com , the online video education provider which has been one of the region's most successful, bootstrapped companies--is no longer bootstrapped, after inking a massive, $103M growth equity round. According to Eric Robison, the firm's CEO, the funding round will go towards increasing the firm's global reach and expanding content.
George Kurtz , the former founder of Irvine-based Foundstone , and most recently the CTO of McAfee, said last week that he's raised $26M for a new startup, CrowdStrike. The new funding comes from Warburg Pincus, the private equity firm where Kurtz had been serving as Entrepreneur in Residence. READ MORE>>.
Moser is a native of Switzerland, and will remain as ChiefTechnologyOfficer at the firm. ONDAX is backed by Arcturus Capital, Prospector Equity Capital, and others. Heyler was most recently at Newport Corporation.
You need to find the skills or experience you don’t have in business, technology, or money. So, the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The CTO of many technical startups was the original founder.
According to those filings, the funding comes on top of $1.65M in equity raised in a round which opened in June of 2017. That earlier equity funding had a target of $2.975M, and had included 62 investors as of November. HyreCar's CEO is Joe Furnani, and its CTO is Abhi Arora.
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. Actually, David’s taking even broader roles than I generally do as he’s CEO for at least one startup.
Los Angeles-based online advertising firm Rubicon Project is significantly boosting its executive ranks today, saying that it has named a new CTO, General Counsel, and SVP of Product Management to the firm. READ MORE>>.
There are a bunch of questions in Startup Software Development – Do Your Homework Before You Develop Anything and in Startup CTO or Developer. Now there are some hard challenges around what technologies to use to balance short-term and long-term. This is somewhat the heart of what a CTO does. Do not hire a CTO at this point.
You need to find the skills or experience you don’t have in business, technology, or money. So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The CTO of many technical startups was the original founder.
His goal was to find a programmer who would come in as an early partner and work as an Equity-Only Developer. At that point, you can't really just try to find someone to build it on the side, do equity only, etc. Ask a few CTO type people. Or ask me Free Startup CTO Consulting Sessions.
You need to find the skills or experience you don’t have in business, technology, or money. So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The CTO of many technical startups was the original founder.
The lawsuit filed in Los Angeles Superior Court makes a number of allegations against Stefan Krause and Canoo, including that Christina Krause was paid less than other founding members and not given the co-founder designation or the equity stake that often comes with that title despite being a founding employee.
AutoAlert said MotoFuze CEO Mike Dullea and co-founder Tom Walls have joined the company, with Dullea serving as Chief Sales and Marketing Officer, and Walls as ChiefTechnologyOfficer. AutoAlert is led by Brian Skutta, and owned by private equity investor HGGC. MotoFuze was based in Kansas. READ MORE>>.
Camarillo-based sensors and electronics developer Interlink Electronics has named two private equity and venture executives to its board, as part of an expansion of the group, the company said this morning. Levinson also was founder, CTO, and Chairman of testing and optical components company Finisar. READ MORE>>.
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. He would have found somebody technical and inspired that individual to work for equity or deferred payment. Should she take a chance and potentially ruffle feathers?
I usually encourage people to think about titles like, “Founder & CTO&# or “Founder & VP Marketing.&#. Dilute your cash, equity or both. Create hassles for post-merger integration of technology or teams. Functional roles provide more clarity around roles and responsibilities. and my favorite].
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