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I did a presentation this week at Coloft that looked at how Non-Technical Founders can go about getting their MVP built. There are a few cases where you somewhat need to see the system operating to have a sense of the value. And the back-end is something that a non-technical founder can manage. WordPress is pretty easy to hack.
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.
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. But don’t get greedy.
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.
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. But don’t get greedy.
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. But don’t get greedy.
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. But don’t get greedy.
portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. mentor VCs, e.g., most VCs.
This is the first post in what’s going to be a series of blogs on how to go from nothing – no connections, no team, no money and no knowledge of how the startup industry really works – to operating a growing business. Inevitably, the excuses begin: I need to hire people to build the product. I don’t know any developers. No legal muck.
Pierce Burnette knows the meaning of “humble beginnings” and has combined her intelligence quotient (IQ), emotional intelligence (EQ), entrepreneurial spirit, and technical knowledge to forge successful careers in engineering, information technology, and education. She is committed to improving representation in Austin’s technology landscape.
His experience at Flexport; his pay-it-forward nature; and his friendly user interface, made his a desirable angel/advisor for startups. So I wasn’t totally surprised when he shared moving from operating to venture capital. And in the event you hired from outside, did existing high performers chafe at being ‘topped?’
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