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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. I used an image from Roger Smith that describes the varying roles of a CTO as the company matures.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Generally I can provide quite a bit of help in that brief time. Of course, I provide part-timeCTO services. So, I wanted to use this post to make it official - we are offering free startup CTO consulting sessions.
I seem to encounter a lot of people who want to attach a CTO label to me as I'm the only programmer on the founding team of three. While I do fill that role at the moment, I'm a little hesitant to refer to myself as a CTO as we still haven't launched a product, acquired a single user, or turned or a penny in profit. Who will do that?
If you do not break it down into small pieces, its hard to make progress with part-time resources, freelancers, etc. Equity-Only CTO and Equity-Only Developers Technology Roles in Startups Want to Know the Difference Between a CTO and a VP Engineering? Third party products are used appropriately.
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. 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. Marty Zwilling.
For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. For example, suppose you're just two founders and you want to hire an additional hacker who's so good you feel he'll increase the average outcome of the whole company by 20%. n = (1.2 - 1)/1.2 =.167. and we have 11.1%
So, here goes: Dr. Tony Karrer Over the past 15 years, Tony has been a part-timeCTO for more than 30 startups. Most notably, he was the original CTO for eHarmony for its first four years making him partly responsible for more than 4% of the marriages every year. What does it cost to acquire a new customer?
In testing, AI can simulate a multitude of scenarios, predicting performance outcomes and potential failures before they occur, which reduces the risk and cost associated with physical prototyping. It can also optimize logistics through route and delivery scheduling, leading to reduced operational costs and improved delivery times.
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."
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. Finally, there was a class of what I call “business development contract terms.” It says what?!”).
Here are some of the issues that were mentioned: I just want the cost, timeline and impact. Estimating Cost – it takes a lot of work to do a reasonable estimate of cost. Re-estimating – if estimating is something they don’t like, then having to re-estimate costs based on a constantly changing target is brutal.
As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. You’ll get sales information from your VP of Sales, marketing information from your VP Marketing, tech information from your CTO and so on.
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 hiring decisions. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership. Marty Zwilling.
It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. Meredith came to see me along with the CTO Marc Berte.
The second is that the retailers were constrained by their high costs of local real estate and service staff relative to the costs of centralized warehouses where goods could be stacked high, sorted by robots, managed by RFIDs and then shipped via overnight to eager, cost-conscious customers across the US.
I've done four Free CTO Consulting Sessions in the past month with startup founders who all had run into variations of the same problem. They didn't feel they had visibility into timelines and costs for development of their software. My belief is that you shouldn't sign that contract. They couldn't plan their business.
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 hiring decisions. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership.
Level of responsibility and time allocated. Co-founders only able to work part-time, with responsibility and major income sources elsewhere, don’t carry the same risk as others with more operational responsibility. The CTO of many technical startups was the original founder. Amount of venture funding provided.
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 hiring decisions. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership.
You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. But “he didn’t have the budget to hire a developer until he had raised money!&#. Should she take a chance and potentially ruffle feathers? He looked stunned.
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 hiring decisions. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership. Marty Zwilling.
There are a bunch of questions in Startup Software Development – Do Your Homework Before You Develop Anything and in Startup CTO or Developer. This is somewhat the heart of what a CTO does. You have to determine in-house vs. outside development and what parts of the problem each person will do. Do not hire a CTO at this point.
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. 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. Marty Zwilling.
As you find your footing and begin to scale, you might feel ready to hire a formal executive team. What’s right for one company may not make sense for another, but the goal is always the same — to hire talent that will ultimately help the business thrive. When is the right time to hire an executive team?
And the person is trying to get it from mostly done to done with little additional cost. The problem is that doesn't match with reality and likely they need to find more dollars. Recovery from this situation is hard. I wish I had a better answer. This actually reminds me of another adage: No one ever tells you they fired someone too early.
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 Finding Good Developers in Los Angeles? Im part of a CTO group that meets once a month to discuss various topics. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. This means — assuming you already have a laptop — the cost is almost nothing to build the next Twitter. You have to ensure that the right people come in at the right time, and you have the right decor, ambiance and music.
The right advisor can have a greater impact on the success of your small business than any other hire you ever make. Have a CTO Advisor Provide Their Guidance & Due Diligence Suggestions on a Large Upcoming Technology Expenditure. It’s time small businesses started hiring more advisors.
Hiring the wrong person for key company positions can cost a business thousands — or tens of thousands — of dollars and man hours. This is especially true when it comes to tech companies hiring the wrong chief technology officer. Nothing can be more damaging than a misleading or careless CTO.
Because I am true to the hiring practices I preach, I wanted a strong exec who would “ punch above their weightclass ” by taking a job they hadn’t yet done but would hugely aspire to and thus work harder to out perform. I told him that this had been a big theme for me for some time.
Anyone who reads this blog frequently will know that I am a big believer in low-cost video content and specifically the power of YouTube as a content creation & distribution platform. Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. hours of TV / day.
Background This post partly really came about as a result of a great conversation yesterday with David Croslin a former CTO at HP who recently conducted an interesting experiment. This is actually fairly common and I think it’s a bit challenging in that the technology roles (from technology advisor to CTO) in a startup vary widely.
Being relatively a new service trend in today’s tech-driven world, CTO-as-a-Service (CaaS) is notably gaining its momentum. Though CTO as a traditional full-time position exists for decades, some companies do not feel they need a technology executive. Ideal scenario assumes there’s a CTO in house. By referring to ?TO-as-a-Service
skip to main | skip to sidebar SoCal CTO Tuesday, February 27, 2007 Stanford Podcasts - eHarmony - Greg Waldorf I was just pointed to a set of great podcasts done by Stanford B-School and particularly, I just listed to the podcast by eHarmonys Greg Waldorf. He has twenty years’ experience as a CTO.
skip to main | skip to sidebar SoCal CTO Friday, March 9, 2007 Map of VC Investments Found this Map of 2006 VC Investments post. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
Tony Karrer is CEO/CTO of TechEmpower , a Los Angeles Web Development firm, and is considered one of the top technologists in e-Learning. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 About this Blog Ive been thinking about doing a blog with my thoughts on technology and whats happening in the Los Angeles area technology scene for a while, but it was Ben Kuos recent start of a blog that inspired me to actually go ahead and do it. Thanks Ben.
skip to main | skip to sidebar SoCal CTO Sunday, February 25, 2007 Interesting Model for University President Saw a post by Paul Kedrosky pointing us to Graeme Thickins on How Stanford Does It. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
skip to main | skip to sidebar SoCal CTO Wednesday, February 28, 2007 Google Maps Mobile I recently downloaded Google Maps Mobile for my Treo. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
skip to main | skip to sidebar SoCal CTO Tuesday, March 13, 2007 8 Ways the Internet has Changed Software Marketing Great post - 8 Ways The Internet Changed Software Marketing - is an interesting take on how different it is these days to market software. He has twenty years’ experience as a CTO. Good stuff.
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Kevin Federline Search Engine Just saw a post - Sleep with a pop star, get your own branded search engine. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony.
by Adam Root, founder and CTO of Hiplogiq. Most of us would want to hire the most experienced, cutthroat lawyer specializing in multimillion-dollar mergers. He’s the founder and CTO of Hiplogiq , makers of marketing technologies SocialCompass and SocialCentiv. A DUI lawyer? Didn’t think so.
skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.
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