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Right but usually they tell the founding engineer that they are a CTO, give them equity, but low salary. In real venture backed businesses where the equity ends
by ldjkfkdsjnv 2y ago
Right but usually they tell the founding engineer that they are a CTO, give them equity, but low salary. In real venture backed businesses where the equity ends up having real value, the "CTO" is gone by ~18 months. This is the point where the product is in the market, and is getting some sales. I see it constantly by non technical CEOs in NYC
- mooreds 2y agoYup. You should walk in eyes wide open to see which role you are in. Clues you might be a real CTO: * you've been a CTO in the past * you meet with the board and investors * you are involved in strategic discussions * you have budget control > the "CTO" is gone by ~18 months. Well, I hope they exercised and got the equity they legally earned.