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I had a recent email dialog with the founder of a company looking for a CTO for their startup. And I tried to evaluate the idea and figure out: What did the founder really need here? Was it a Startup Founder Developer Gap ? And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ?
I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.
Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I spent $20k on their MVP.
Editor’s note: Understanding how to divide founderequity at a startup can be tricky, even to the point of reaching emotional riffs between founders. Below, Lee Hower offers advice for approaching these equity discussions objectively and properly.
I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.
Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I spent $20k on their MVP.
Home ▶ Businesses ▶ Startup Business Advice ▶ Current Page How To Find A Technical Cofounder For Your Online Business Idea. This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. Before You Pitch To A Technical Cofounder.
But starting a conversation with, "Just sign here" is simply unrealistic. If you’re waiting for a technical co-founder to put up a landing page with signup form, you’re lazy. Would you ever say to an investor, “I don’t trust you with my signup conversion rate?&# Names redacted.)
If I tell someone I’m the mayor of a spot, I’m in an instant conversation: “What makes you the mayor?” When a co-founder walks out of a company — as was the case for me — you’ve already been dealt a heavy blow. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweatequityfounders.
Programmers, and certainly not the visionary founders, are the most qualified for that task. #6 Im a UX and front end designer bootstrapping my own products with pure sweatequity at night but always looking for someone else to partner with(engineer/programmer)to bring these ideas life. Co-founders and outsourcing work the same.
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