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Many CEOs of software-enabled businesses call us with a similar concern: Are we getting the right results from our software team? We hear them explain that their current software development is expensive, deliveries are rarely on time, and random bugs appear. What does a business leader do in this situation?
It was like having a bunch of mini- Free Startup CTO Consulting Sessions all in one room. Review the code being built. This is exactly the kind of thing I'm doing as a Part-Time CTO or Technical Advisor for startups. I was very worried for several startup in the room. Plan for past the initial MVP.
Santa Monica-based Factual , the open data startup headed by Gil Elbaz, the inventor of Google's AdSense technology, said today that it has launched a new open set of data that the firm says provides geo-coded data for 14 million local U.S. businesses. READ MORE>>.
Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. Actually, many startups need two kinds of technical advisors. They look at the code produced on a regular basis to ensure that it’s high quality and right for you. No good innovator turns down advice!
The era of VCs investing in successful consumer Internet startups such as eBay led to a belief system that seemed to permeate many enterprise softwarestartups that hiring sales or implementation people was a bad thing. We only want software revenue.” We prefer to sell software, not get involved with client systems.”
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. The practical uses for uBeam technology is limitless. Did anybody hold patents that would prevent us from using this technology? We hired IP specialists to review prior art.
If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. Spend time building relationships, ask for referrals, and follow up.
Part I of this series describes the 360-review that I conducted at a growing, dynamic SaaS business which has recently graduated from the startup stage and entered the early-growth phase. One of the most compelling conclusions I drew from the reviews is that both Founders need delegate more of their day-to-day tasks.
I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. What makes up revenue?
Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. After leaving Juno, he founded his own software company, Fog Creek Software. Working at Juno.
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. However, I’ve now begun questioning how and what an early-stage / startup CTO should be.
Anyone looking for signs that the economy is turning around, might want to look at what appears to be happening in Southern California's technology jobs market. Mangers said that it appears that for companies that have survived the storm of 2009 and the economy, things are looking up. Why the disconnect?
It is also a result of pent-up demand. So we loaded up on flat screen TVs, multiple generations of iPods and trips to Hawaii. When the market run started in March people were relieved that “the world wasn’t ending” so they started spending again. In the following post I argue that this increased pace may be temporary.
million software developers worldwide. Are specific technologies or platforms involved in your project? Do they have experience with the technologies involved in your project? Although noteworthy, working with large corporations differs remarkably from working with startups. In 2023, there were approximately 26.3
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. Even bigger is the desire to stick one’s middle finger up at all of the people who doubted you all along. We checked regulatory rules.
Los Angeles-based CapLinked , which operates an online platform for managing fundraising by startups, has linked with the Startup America Partnership. According to CapLinked, it will make its premium capital raising and investor reporting tools available to the more than 8,500 startups enrolled with Startup America.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Do you have a Startup Founder Developer Gap ?
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Do you have a Startup Founder Developer Gap ?
Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Innovate In the early years of a startup there is a lot of kinetic energy of enthusiastic innovators looking to launch a product that changes how an industry works.
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. The first thing I do is suggest they explore if they really need to hire a full-time CTO for their startup and if so, what kind of CTO they need.
of all statistics are made up. Here’s how I learned my lesson: I started my life as a consultant. Fortunately I was mostly a technology consultant, which meant that I coded computers, designed databases and planned system integration projects. People throw them around at cocktail parties. I say it deadpanned.
This is part of my ongoing posts on Startup Advice. The world has changed much since I started my first company in 1999. Tim started to change our processes. Tim encouraged us to set up a blog and start talking openly about what we were doing as a company and inviting comments. Back then it seemed foreign.
The final episode of Bravo’s Start-ups: Silicon Valley aired recently, wrapping up an 8-episode run of what could be considered the most bizarre depiction of entrepreneurs and start-ups to date. They sound serious about start-ups, however actions speak louder than words. What was that ?
I promised to do this post as a follow-up to the session to provide additional links and information. The real reason to build an MVP is to do early tests of key Startup Metrics for the business. We end up using WordPress a lot as the marketing front-end of our web sites. Review the code being built.
seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.
I’m a very big proponent of the “lean startup movement&# as espoused by Steve Blank & Eric Ries. In the late 90′s I saw a dangerous trend creeping into the startup world, which was that companies were suddenly raising huge amounts of money too early in their existence. This post originally appeared on TechCrunch.
The company was founded by Bong Koh, a former EIR at Prism VentureWorks and venture capitalist at Advanced Technology Ventures; he also co-founded ibeatyou. We caught up with Bong to hear more about his new startup. What's the story on how you started the company? Bong Koh: We started at the end of April.
NEOGOV , which has quietly built an enterprise software company supplying human resources software to the government and public sector. The firm recently showed up as one of the fastest growing companies in LA as part of the Deloitte Fast 500 rankings. How were you able to find success there as a startup?
I filled up with 20 people pretty quickly and realized this schedule was masochistic. The one that stuck with me the longest was my chat with TWTFelipe (Felipe Coimbria). TWTFelipe and I ended up speaking for nearly 30 minutes and we talked mostly about why his company was based in Canada and not the US. Felipe grew up in Brazil.
It is code word for “I’m not ready to invest for whatever reason … I need more proof.&#. Tell them about what you’re up to in your business, show them your product or prototype, tell them your strategy, talk about the deals you’re working on and seek feedback. Schedule a follow up meeting.
popped up consistently in an informal (and highly non-scientific poll) of a number of readers, executive recruiters, and others in the Los Angeles area, who cited growth, brand, profitability, and other factors in their suggestions to us of the top companies. OpenX is profitable, and its ad serving software dominant among online publishers.
2023 hasn't been an easy year to be a startup. In fact, according to Crunchbase more than 212 startups closed their shutters in the third fiscal quarter alone – the highest number recorded in the firm's history. Yet, while many early-stage startups crumbled under the pressure, diamonds also emerged.
Huge thank you to Steve De Long for the write up. How did you start blogging? “My In 2004 / 2005 I was starting to get intrigued with user-generated content. was starting. You still need the presentation to back that up. If you are outside internet software we are not going to invest. Brad on blogging.
This is part of my ongoing series, “ Start-up Lessons.&#. My starting line with every entrepreneur is that everything I learned about being an entrepreneur I learned from F’ing it up on my first business. I even put that in the the preamble to my Start-up Lessons outline. That is, until I lost.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions for 2019 from Southern California's technology industry. My biggest takeaway this year was truly understanding the strength and cohesion of the Los Angeles startup community.
But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. Many funds have not performed and will start to disappear. PEHub followed up their analysis with this. Think about the math.
When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. Reviewing financial & operational performance. As You Start to Mature.
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. The first thing I do is suggest they explore if they really need to hire a full-time CTO for their startup and if so, what kind of CTO they need.
Although it may be comfortable to start a company with your friends, it is a mistake, unless your friend(s) happens to be ideally suited to their role in your venture. One could broadly recast Gates’ quote by saying, “the best way to prepare to become an entrepreneur is to start a business and study how great startups succeed.”.
Article first published as Eleven Startup Tips From Mark Cuban on Technorati. Mark Cuban is a lifelong serial entrepreneur, launching his startup career with a variety of teenage schemes, including buying and selling collectable stamps to pay for college. Mark’s Startup Tips. free weekly Infochachkie articles!
Some great content around the intersection of startups and being a Startup CTO in June this year. This continues my series of posts: Top 29 Startup Posts May 2010 Startup CTO Top 30 Posts for April 16 Great Startup Posts from March There was some really great content in June. It shows a lack of interest.
Intellectual Property (IP) is an ugly thing at a startup. However, to a Big Dumb Company (BDC), a startup’s IP is a thing of beauty. How can IP be worthless to a startup yet very worthwhile to a BDC? Patents held by startups generally have a limited ability to reduce competition. Three years is a lifetime at a startup.
Los Angeles area entrepreneurs, investors, and startups have gotten to know Paige Craig fairly well over the last few years, as he's made many investments in the local ecosystem. What drove you move from investing to startingup BetterWorks? Paige Craig: It was a couple of things.
I had a recent email dialog with the founder of a company looking for a CTO for their startup. Was it a Startup Founder Developer Gap ? 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 ? Was it a case of needing Homework?
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