Remove CTO Hire Remove Stock Options Remove Technical Cofounder
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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

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. Jane and Dick want to bring in their friend Praveena as CTO, but they don’t know how to structure the compensation.

Cap Table 133
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From Nothing To Something. How To Get There.

techcrunch.com

Inevitably, the excuses begin: I need to hire people to build the product. Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. The business person can take all the meetings while the technical folks work on making the product better. I don’t know any developers.