threesevens

3 ms·

1.
by threesevens 9y ago
I do need a programmer, but I would like someone that also takes accountability and ownership of the business. Eventually they'd grow into a CTO role. I wanted a product made for my own use case, so I paid someone to make it. Now I&#x2
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by threesevens 9y ago
Thank you for this response. Naturally, I agree 100%. You're right, I may not need a CTO. I would love to bring on someone to do part-time work as it comes up, until revenues start coming in. Scaling up from there and having that perso
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by threesevens 9y ago
Currently none, but 15 beta testers that will either convert to paying customers or cancel < 30 days.
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by threesevens 9y ago
That's what I was thinking. I won't be able to afford a "good salary" for a while, and it's still part-time only. I was thinking ~15% and then salary once we're there.
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by threesevens 9y ago
No, I'll be the one performing web demos and selling customers. I've gotten pretty far with product market fit, now it's figuring out marketing and selling. CTO will come on to make updates to the product and make it even bet
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by threesevens 9y ago
It was a good friend of mine that was 50/50 partner, but ended up choosing to work on another project instead. I was left with 80% of an MVP, so I hired a contractor out of pocket to finish up. I'm a VP of Sales at a startup, and
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by threesevens 9y ago
Yes, I should be able to sign on at least 10 paying customers ($500-5000 in MRR). It's actually in a really good place, tech and build wise.
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Ask HN: What % equity should I give to CTO?
20 points by threesevens 9y ago|38 comments