SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. It may be that all the doomsayers are right.

Technical Review 175

Technical Review Startup Product Technology 175

Both Sides of the Table

MAY 13, 2018

If you truly believe that you, your company and your products are exceptional and your company will be valuable then you’re actually doing them a FAVOR by helping them invest in your startup. Like any sale you first need to plan your “prospects” and qualify whether or not they’d be a good fit for your product?—?an

Venture Capital 332

Venture Capital Funding Startup Sales 332

Both Sides of the Table

APRIL 25, 2011

There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. They have created two internal technology “products&# and wanted to figure out how they could turn their services business into a product business that could be financed. This team is talented.

Services 332

Services Venture Capital IP Startup 332

Startup Professionals Musings

SEPTEMBER 29, 2018

You will make mistakes. Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money.

Startup 89

Startup Search Engine Optimization Outsource Development Social Media 89

Startup Professionals Musings

SEPTEMBER 14, 2016

You will make mistakes. Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money.

Startup 108

Startup Search Engine Optimization Outsource Development Social Media 108

SoCal CTO

FEBRUARY 25, 2010

And I would add to his list that part of it might be time available to help product definition, pursue market opportunities, early sales, raise funds, etc. Once it’s set up I recommend bringing in a co-founder and giving them 10-30% of the company depending upon when you bring them in.

CTO Hire 150

CTO Hire Startup Equity Sales 150

InfoChachkie

MAY 16, 2011

“Learn from the mistakes of others. During those same 25-years, I also made innumerable mistakes. Thus, I will recruit independent distributors and they will sell my new and innovative products on my behalf. Ask them to accept equity in exchange for all or a portion of their overall compensation. Make Your Own Mistakes.

Startup 242

Startup Outsource Development Outsource Sales 242

Startup Professionals Musings

OCTOBER 5, 2014

You will make mistakes. Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. The best entrepreneurs manage cashflow ruthlessly and never delegate decisions about spending money.

Entrepreneur 105

Entrepreneur Search Engine Optimization Outsource Development Social Media 105

SoCal CTO

SEPTEMBER 8, 2010

August was a slow month in terms of traffic and I was away for a lot of the month, but there were some really great posts at the intersection of startups, technology, product and being a Startup CTO. Product Friday: Monetizing Content is a Product Problem - This is going to be BIG. m the f%*kin’ boss.”. Same goes for television.

Startup 191

Startup Venture Capital Blogging CTO Hire 191

Startup Professionals Musings

OCTOBER 24, 2015

One mistake many entrepreneurs make, especially with online businesses, is a fundamental misunderstanding of how interesting they need to appear to others. You know how to bootstrap a business, build it from nothing, and burn sweat-equity for long hours to push your dreams to reality. Yes, you are a fascinating person.

Entrepreneur 106

Entrepreneur Customer Custom Mentor 106

Both Sides of the Table

DECEMBER 1, 2009

Once it’s set up I recommend bringing in a co-founder and giving them 10-30% of the company depending upon when you bring them in. I advocate treating them like a co-founder in every way except when they join and how much equity they get. Your company of 10 people doesn’t need 5 that are like you.

Startup 289

Startup Venture Capital Entrepreneur Sales 289

Both Sides of the Table

OCTOBER 22, 2009

Everyone in the outside world is talking about how great you are but internally you know that your sales aren’t ramping, your product isn’t shipping on time, you have doubts about the quality of your code, you’re not convinced you’re doing a good job on marketing – whatever. You’re stressed.

Startup 327

Startup Sales Class CIO 327

Tech Zulu Event

MARCH 16, 2015

And when it comes to timing, wait until you’ve come up with a working prototype and developed your product before you seek external funding. This can be a great way to test your product and get customer feedback. If your product is capital-intensive this can be a good financing option. Start with your fundraising end in mind.

Startup 40

Startup Venture Capital Equity Funding 40

Startup Professionals Musings

OCTOBER 23, 2017

Thus top entrepreneurs spend as much time getting the right team in place to run the business as building the product or service. Of course, the right ones cost may you equity, but a small percentage of a big business is worth far more to you than a large chunk of nothing. Don’t repeat the mistakes of others.

Help 66

Help Startup Course Technical Review 66

InfoChachkie

OCTOBER 24, 2011

New hires in a depressed economy also tend to be more willing to accept below-market salaries in exchange for equity-based compensation. For instance, a product that enhances productivity can be sold as a revenue generator in an “up” market and as a cost saver in a “down” market. Phoenix Effect. “If Watson, IBM Founder.

Company 257

Company Companies Startup Study 257

Both Sides of the Table

NOVEMBER 19, 2009

They are quick to spot their mistakes and correct. He was a really nice and personable guy who had deep domain knowledge in an industry that he’d worked in for 10 years that is in need of technological advancement. He would have found somebody technical and inspired that individual to work for equity or deferred payment.

Entrepreneur 414

Entrepreneur Technical Review Slides CTO Coach 414

Both Sides of the Table

JANUARY 1, 2016

If you have a team of 10 people then by definition 90% of the time spent on activities is not put in by you and on a team of 100 it’s 99%. In fact, 90% of our investments are either Seed or A-round investments (10% are B-round). You don’t have unlimited equity to dole out. It’s important to get buy in.

Startup 150

Startup Coach Course Invest 150

socalTECH

MARCH 6, 2017

Los Angeles-based Maple Media (maplemedia.io) recently announced a big, $30M funding from Shamrock Capital, to assemble a collection of mobile applications in the utility, productivity, games and entertainment verticals. They're an elite private equity firm, and what's even better is I can literally walk from my house to their office.

Media 153

Media Mobile Startup Acquisition 153

InfoChachkie

FEBRUARY 24, 2011

10) Seth, why does the world need SocialStay? . 8 ) SocialStay is effectively a B-to-B, SaaS product that requires you to simultaneously speak to several audiences (hotels, travelers, travel sites, etc.). Your team operates out of a barn on your idyllic, coastal property, yet you have created a world-class product.

Startup 233

Startup Design Mobile Social Network 233

Tech Coast Venture Network

MARCH 9, 2011

Investors and entrepreneurs who won at the fundraising game during and after the Great Recession offer advice on landing equity money. ” He advises entrepreneurs to appear coachable by avoiding the following rookie mistakes: 1. By Monica Mehta. “Most have a strong desire to mentor and help build companies.”

Tips 100

Tips Capital Tech Coast Angels Screening 100

Both Sides of the Table

JANUARY 21, 2010

I write about some of the lessons in my post on Startup Mistakes. You never got around to agreeing exact equity splits but you had many conversations about it. Your contractor wrote a great V1 of the product and it helped you get angel funding. This is one of the biggest source of future problems for the company.

Startup 318

Startup IP Southern California Entrepreneur 318

Alon Schwartz

JANUARY 18, 2009

Last night Jason Nazar, my partner and CEO of Docstoc hosted a session on 10 mistakes people make when starting a business. In the Q&A session someone asked about how to split equity between partners. Having the right partner can greatly help at challenging times like equity splits. What is a Partnership? Yeah right.

Startup 58

Startup Equity Tips Commerce 58

Alon Schwartz

JANUARY 18, 2009

Last night Jason Nazar, my partner and CEO of Docstoc hosted a session on 10 mistakes people make when starting a business. In the Q&A session someone asked about how to split equity between partners. Having the right partner can greatly help at challenging times like equity splits. What is a Partnership? Yeah right.

Startup 56

Startup Equity Tips Commerce 56

Alon Schwartz

JANUARY 18, 2009

Last night Jason Nazar, my partner and CEO of Docstoc hosted a session on 10 mistakes people make when starting a business. In the Q&A session someone asked about how to split equity between partners. Having the right partner can greatly help at challenging times like equity splits. What is a Partnership? Yeah right.

Startup 40

Startup Equity Tips Commerce 40

Frank Addante

APRIL 16, 2007

Under Process, Over Deliver So, you need to develop a product? ► 2006 (20) ► December (2) Just Say What it Is 12 Proven Guidelines for Rapid Product Development. So, I am going to interrupt my previous series/postings on product development to share my thoughts. Build a SWAT team 3.

Google 40

Google Advertising Startup Venture Capital 40

Tech Zulu Event

AUGUST 13, 2010

Bootstrapping process, product development, Prototyping. . Have you ever had an idea for a great product, but thought any of the following: "I don't have en. Bootstrapping development, minimum viable product, startups. . Building Products While Serving Clients: Why and How. Want 1 million people to pay for your product?

Guide 69

Guide Startup Venture Capital Entrepreneur 69

InfoChachkie

JUNE 25, 2009

Some startup attorneys will accept a portion of their initial fees in the form of equity. When you hit the inevitable bumps in the road, a lawyer who has an equity stake in your business is more likely to be flexible with respect to payment terms and more willing to give you quick, off-the-clock feedback and guidance.

Technical Advisors 124

Technical Advisors Technical Review IP Patents 124