3 ms·
Some things are a bit confusing, and may need more clarity in order to help reason about the situation: 1) The advisor, who has "little shares", is also the "C
by otoburb 15y ago
Some things are a bit confusing, and may need more clarity in order to help reason about the situation:
1) The advisor, who has "little shares", is also the "CEO-sales manager"? Does this mean that the advisor is the CEO, or that he's the one responsible for bringing in the $100K (in sales + services revenue)?
2) You are currently the CTO, mainly focused on a lot of the R&D, prototyping and product development. It seems that the advisor is proposing that a new position be created ("Product Engineering Manager"), yet you make no mention of whether you still retain the CTO title. If you're upset that you'll be delegating the important product development responsibilities to somebody else, yet you still keep your title, then perhaps this isn't a bad thing as you would hopefully be ramping up a larger technical team for you to (learn to?) manage.
3) It's not a problem to express doubts about a decision. What's more important is that your founders and advisor sit down and discuss the issues one by one. If your advisor is angry with you, he should try to explain why.
4) What is the equity agreement that you have? I can't help but feel that this would have an impact on the discussions, and will be an important factor in deciding whether to part ways (hopefully with vested equity still intact).
5) "Fight for the position I think I must work in" - is that as the PEM, or as CTO?
- justx 15y agoSorry, you're right, some thinks may not to be clear: 1) the CEO-Sales manager is one of the founders (he is doing both functions). 2) the other founder is the product development manager and lead developer, and the advisor is proposing the new position to report directly to the CEO. The new role of the CTO will be to take care of supporting the sales, channel, hardware connectivity and architecture. 4) 95% is own equally by the founders, the advisor has the rest (5%). 5) Fight for hiring someone to take care of supporting the channel and let me act as a CTO in charge of determing product roadmap and funcionalities. Thanks!