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I've recently received several emails from people looking for a technical cofounder for their startup. "I'm looking for a partner / cofounder who can not only head the technical aspects and build a working model of the site, but someone with the connections to put a great development team together when we need it.
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 ? Did they really need a Startup CTO or Developer or both? Was it a case of needing Homework?
Two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
How does a newly hired Chief Technology Officer (CTO) find and grow the islands of innovation inside a large company? How not to waste your first six months as a new CTO thinking you’re making progress when the status quo is working to keep you at bay? But this is the first time he was the CTO of a company this size.
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. … And it’s not just inexperienced CTOs. Lack of confidence? Camaraderie?
As a cofounder you are *always* selling. To customers, to investors, to press, to team members, to potential hires, to partners. Even if you’re the most technical CTO out there, you have to get comfortable with this reality. Hiring a recruiter doesn’t solve for this.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
I did a presentation this week at Coloft that looked at how Non-Technical Founders can go about getting their MVP built. WordPress - we spent quite a bit of time talking about how you could do a lot with WordPress to provide simple forms of lots of functionality. And the back-end is something that a non-technical founder can manage.
In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Partner decisions are more important than team member hiring decisions.
In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Partner decisions are more important than team member hiring decisions.
Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-timehire for that? Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. The startup founder is definitely not ready to hire a CTO.
Jane and Dick, our fearless cofounders of SayAhh, have set up an accounting system and created their first set of financial statements. This week they set out to create their cap table and hire a CTO. The founders each have common shares that will vest over four years. Time to update the cap table.
A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One.” In this context, I’m broadening the definition of partner from co-founder to “business partner.” In this context, I’m broadening the definition of partner from co-founder to “business partner.”
A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One ”. In this context, I’m broadening the definition of partner from co-founder to “business partner.” In this context, I’m broadening the definition of partner from co-founder to “business partner.”
Two more entrepreneurial ventures later, Gleb cofounded online backup provider Backblaze to help consumers affordably, automatically, and safely back up their data. What are the pros and cons of starting a business alone versus with cofounders? How many founders are too many? Hire everyone you need as an employee.
But founders need to know how to ask for their advice and when to ignore it. After some heroics from our CTO in extracting data from SAP, the Visio CFO loved our product, thought we could save them a ton of time and money and wanted it installed ASAP. Then Visio gave us their boilerplate contract. We called the Visio CFO.
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.
So today I’m excited to announce that Upfront Ventures is leading an $8 million round with some amazing co-investors including Founder’s Fund, OATV, Lowercase, High Peaks, Collaborative Fund and many great angel investors. And for the next several months the founders literally ran the business.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
A while back I talked about how and where to find a co-founder in “ Ten Steps in Choosing the Right Startup Partner ”. In this context, I’m broadening the definition of partner from co-founder to “business partner.” In this context, I’m broadening the definition of partner from co-founder to “business partner.”
A week ago I talked about how and where to find a co-founder in “ How to Select an Ideal Startup Co-Founder ”. In this article, I’m broadening the definition of partner from co-founder to “business partner.” In this article, I’m broadening the definition of partner from co-founder to “business partner.”
Every business person with a dollar and a dream these days thinks they’re a technical co-founder away from interweb stardom. A CTO will also want to ensure that the businesspeople on their team will understand important product and technical decisions. to put together a product plan. It just works.
The truth is you really don’t know how your teammates or your bosses will perform in good times and bad. You hire people who look good on paper. So one of the surest signs you’ve hired a leader is the willingness of his or her former team to re-assemble. After 6 months – you know. You REALLY know.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. Giving a cofounder a salary won’t get you the “fire in the belly” you want. Each cofounder should get equity for value, based on these key variables: Lived a key role in a previous startup.
I guess it should not be a surprise that Founders have lots of challenges working with developers. Challenges I started by asking the founders in the room to tell me some of the challenges they have working with developers. Developers (and Founders) are challenged to know how much is okay in terms of bugs.
Some great posts from April 2010 that talk to me in terms of being a CTO at a Startup. Redeye VC , April 13, 2010 Startup Development - SoCal CTO , April 23, 2010 Want to Know the Difference Between a CTO and a VP Engineering? Ben Casnocha: The Blog , April 15, 2010 Everyone I spoke with loved the idea.
Ryan was the most talented technologist we had hired at BuildOnline. We hired Ryan at a really young age and without a tremendous amount of prior experience. We had a strategy of hiring people really young because we couldn’t afford to hire too many senior people. I knew that meant he wouldn’t come back.
Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. — Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm.
A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One ”. In this context, I’m broadening the definition of partner from co-founder to “business partner.” Partner decisions are more important than hiring decisions. No historical baggage.
Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. This followed an investment late last year by Time Warner in the company in a round totaling $36 million , led by Rachel Lam , head of their investment group. Mr. T (DeStorm) vs. Mr. Rogers.
In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Partner decisions are more important than team member hiring decisions.
One great solution I see is to hire an outstanding CFO who runs both. “We’re all equal co-founders and we don’t care about titles.&# I usually encourage people to think about titles like, “Founder & CTO&# or “Founder & VP Marketing.&#. But they aren’t the COO.
I gave him the same advice I give nearly all over-worked, control-freak, do-everything-yourself startup founders: “Your number one priority isn’t any of these things. Your highest priority right now is hiring the 1 or 2 people that are going to join your company and make a difference. That’s one model.
My daily life consists of (a) setting the strategy and rationale of the Engineering & Innovation department, based on a mixture of vision, data, and the needs of the rest of the company, (b) participate in doing the same for the whole company, (c) hire, (d) manage the managers whose teams execute the real work.
I wrote a blog post about being hands on where I argued that startup founders need to be hands-on or in my words, “you can’t run a burger chain if you’ve never flipped burgers.&#. When the CEO of an early-stage startup tells me that they plan to hire a COO I’m usually not interested in the next meeting.
aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. And I tried to evaluate the idea and figure out: What did the founder really need here? Was it a Startup Founder Developer Gap ?
For example: Mitch Kapor was a founder of Lotus. He’s a founder of Andreessen Horowitz, which has backed Facebook, Skype, Jawbone, and dozens of other companies whose products you use. Another way to learn more about who’s speaking is to sort the conference program by category and find people addressing specific topics.
As a CTO, I can definitely say without a doubt that few people understand what a CTO does. When I tell someone I’m a CTO, I’m often met with a blank stare. Even when someone is aware of what a CTO does, they often have limited context due to the wide variety of CTO roles.
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. He blogs to 10,000 web entrepreneurs at Software by Rob and co-hosts the podcast Startups for the Rest of Us. m the f%*kin’ boss.”.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
Traction is a biweekly podcast where founders share the creative or unusual things they did during the seed stage to make early progress. Founders from LinkedIn , DraftKings , General Assembly , The Muse , Behance , InsightSquared , and more have appeared on the show. How did both these companies come into being at the same time?
Projecting from the seed stage, there are two types of team-building topics you want to address – key senior hires and org-level team building. As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team.
The accelerator, which counts Amazon CTO Werner Vogels among its startup mentors , will be showcasing its first batch of startups (see list below) in Silicon Valley on the 20th of September, followed by a panel discussion about “The Future of the European Startup Community” Sounds riveting!
25, in the Enterprise Tech Meetup, where we’ll discuss best practices in B2B startup hiring. Besides me, the other panelists are: Sean Maclsaac, CTO, Yext. Daniel Chait, Co-founder, Greenhouse. I’m participating this Thursday, Oct. You can see some of my thoughts here. Moderator: João-Pierre S.
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