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Lessons Learned by Eric Ries Tuesday, September 30, 2008 What does a startup CTO actually do? What does your ChiefTechnologyOfficer do all day? So what does CTO mean, besides just "technical founder who really cant manage anyone?" So I initially gravitated to the CTO title, and not VP of Engineering.
(Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) He previously co-founded and served as ChiefTechnologyOfficer of IMVU. He is the co-author of several books including The Black Art of Java Game Programming (Waite Group Press, 1996).
As a last disclaimer, please consult the definition of the word hacker if youre not familiar with the controversies surrounding that term.) Its common to find a hacker at the heart of almost any successful technology company. Hire a CTO or VP Engineering. I would love to have an effective CTO or VP of Engineering to manage me.
After six months, I was able to sign up a local CTO to help build a Minimum Viable Product (MVP) that enabled me to secure funding. At this stage of the business we needed top talent, no low cost workers, so I ended the contract with the Indian team to focus on the local team. Contract Remote Teams On A Per Project Basis.
In this model, you take some fraction of the lifetime value of each customer and plow that back into paid acquisition through SEM, banner ads, PR, affiliates, etc. Paid - if your product monetizes customers better than your competitors, you have the opportunity to use your lifetime value advantage to drive growth.
For additional advice, I recommend reading " Finding a Technical Partner for your Startup ), by Daniel Kehoe, a CTOConsultant, who was kind enough to hear my struggles out and offered advice suggesting that we should supplement our current Advisory Board with a Technical Advisor.
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Although this was annoying for sysadmins, security consultants, and language purists (and for those who had proprietary modules that couldnt be bundled), it was a huge boon for developers. In my role as a CTO, Ive always tried to choose the right tool for the right job. I am CTO of a SaaS vendor, and we use PHP.
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