Yes that is a bad take. Biz dev, product management and fundraising are arguably more important than engineering in a startup - except in a few edge cases, the

Yes that is a bad take. Biz dev, product management and fundraising are arguably more important than engineering in a startup - except in a few edge cases, the latter is the most commoditized function, as critical as it is. I think 10% could be a decent share for a CTO even at ~seed if the CEO brings great access to capital and users, and outstanding product management instincts. The problem is that this is seldom the case. What I see most often at pre-seed is a CEO that brings a product idea that is all in their own head (and not in the users’), zero idea or instincts on real product management and little else.