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This week they set out to create their cap table and hire a CTO. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time. Jane and Dick want to bring in their friend Praveena as CTO, but they don’t know how to structure the compensation.
Boston is a great place to start and build a company. However, Boston is a transient town, especially for the student population that refreshes a large population each year. This guide is designed to help you hit the ground running and is a starting point for your entrepreneurial journey in Boston. The Grand-daddy.
Great content again in September that meets at the intersection of startups, technology, product and being a Startup CTO. 8220; His three things (worth reading his whole post anyway) are set vision/strategy and communicate broadly, recruit/hire/retain top talent, and make sure there’s enough cash in the bank. It’s great advice.
Boston is a great place to start and build a company. However, Boston is a transient town, especially for the student population that refreshes a large population each year. This guide is designed to help you hit the ground running and is a starting point for your entrepreneurial journey in Boston. Applications due Nov 20 th !
Supercomputers get Personal Back in Sunnyvale my friend had not only been hired but had convinced the team that we should be building hardware – making a new class of computers not a software application. Wasn’t he a CTO or something? (He We’re building a supercomputer.” They would all work in this one company.
A few years ago, a friend of mine who was coming off an EIR gig at a well-known venture fund in Boston ended up joining one of my portfolio companies part-time as a technical advisor / interim CTO. A couple suggestions: #1: Try solving other people’s problems.
For example, in the case of one recent company that we’ve been working with for the last 7 months, we have sourced half of the new team members for the company, including their CTO, head of marketing, head of customer success, and a talented senior engineer.
And don’t pitch a Boston newspaper on your San Francisco startup. A publication whose readers are in Boston will want to know you’re based here in Cambridge. You have a new hire (if they’re not the CEO or CTO, reporters probably won’t care). Don’t pitch the real estate reporter on an app that has nothing to with housing.
Hire qualified internal resources or outsource as needed for the required IT positions. Bring on a security-conscious CTO at the beginning. Communicate with board members and executives about the importance of developing this secure environment, as well as the process.
Ellie Mirman was the first marketer hired by the CMO of HubSpot, the Boston-based marketing software startup that IPOed in 2014. Initially, we promoted it to a list that we’d already developed through Website Grader, the free app our CTO Dharmesh Shah had built before we even had a product.
For example: - Having any more “C’s” than the CEO and CTO. Earlier today, I stumbled upon the team page of a seed funded startup in Boston, and saw 7 VP-level and higher people NOT including the CEO. Aside from the CEO and CTO, you see almost no other titles, just descriptors of what people actually do.
However, your partner could just as easily have argued that her sweat equity is worth $250,000 since that's what a prototype would have cost you to make had you hired a prototype development firm. Coming soon to Dallas, Boston and Philadelphia. This is the typical way that a founder determines sweat equity: foregone wages.
For example, in the case of one recent company that we’ve been working with for the last 7 months, we have sourced half of the new team members for the company, including their CTO, head of marketing, head of customer success, and a talented senior engineer.
Lessons Learned by Eric Ries Tuesday, September 30, 2008 What does a startup CTO actually do? Often times, it seems like people are thinking its synonymous with "that guy who gets paid to sit in the corner and think technical deep thoughts" or "that guy who gets to swoop in a rearrange my project at the last minute on a whim."
In this model, you take some fraction of the lifetime value of each customer and plow that back into paid acquisition through SEM, banner ads, PR, affiliates, etc. Beware the new hire who has "extensive experience" in startups or big companies - using a different growth driver. Take a look and let me know what you think.
And we cant hire new engineers any faster, because you cant be interviewing and debugging and fixing all at the same time! Even with the highest standards imaginable, theres no way to hire just genius hackers. Hire a CTO or VP Engineering. Worst of all, your teammates are constantly wanting to have meetings.
“Everybody felt the burden of supporting all those transactions every day,&# says Pascal-Louis Perez, kaChing’s CTO. “It took a ton of our time, and just wasn’t contributing to our long term vision.&# “It took a ton of our time, and just wasn’t contributing to our long term vision.&#
Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) Eric, I landed upon your blog when I was searching for the path to CTO a couple of months back and I have been a frequent to the site since then. Your "startup-lessons-learned" are very valuable. Amazon PostRank
For people we hired from larger companies especially, this was challenging. Im an ex-Googler, and now a CTO of a small company with lots of talented people ([link] I discovered your site not long ago, and I am learning a lot from it. where an initial bad impression affects a significantly larger percentage of potential customers.
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Joel is focused on the fact that in many environments, programmers are considered "just the hired help" akin to manual labor, and not treated properly. But increasingly we can move to a world where teams are chartered to accomplish results instead of tasked with creating work on spec. Do programmers have quiet working conditions?
Hire slow, fire fast” is not only overused–it’s also complete b t.” Obama CTO Harper Reed on Keeping Sane in a High-Pressure Environment – [link]. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link]. The Boston Globe – [link].
As the CTO/VP Engineering, I was the worst offender. Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Thats why its so essential to have a co-equal problem team.
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Think of Werner Vogels (CTO of Amazon), Guido van Rossem (founder of Python programming language and senior engineer at Dropbox) or the more senior Gerard Kleisterlee (chairman of Vodafone). We have great intellectual property protection, and have efficient ways to enforce contracts. Think Philips Electronics, NXP, ASML and Tom Tom.
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Web Startup Lessons Advice from a CTO and Entrepreneur Home About Finding a Technical Partner for Your Startup Today I received an inquiry from a student at an Ivy League university who wants to launch a web startup. Or you can find seed-stage investors who will give you the money to hire a developer. You have two avenues open to you.
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
So one of the first things we did was to hire an Oracle expert and get to work. Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading. Take a look and let me know what you think. Amazon PostRank
We spent a lot of time asking everyone we knew if they knew anyone who would be looking to intern with a startup. We’ve had some success with hiring interns for fashion design and editorial work, so we were hoping to replicate that with a coder, even in basic HTML, CSS and PHP. On a bootstrapped budget free is great.
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