Scale dna howtofinda-technicalcofounder-20121105

Nov 7, 2012Download as PPTX, PDF0 likes449 views

John Shiple of FreelanceCTO with host Rockfield Labs meetup in Irvine, CA talk at FastStart.studio. How to vet a CTO or technical cofounder.

HOW TO FIND AND VET
A TECHNICAL
COFOUNDER
FreelanceCTO – FastStartStudios – November
2012

How to Find and Vet a
Technical CoFounder
Agenda
 Introduction and Quick Survey

 What are we talking about?
 Who am I?
 Who are you?
 Presentation
 Questions and Wrap-Up

FreelanceCTO is a
Technical CoFounder
 Founding Engineer for first commercial Internet
company: HotWired/Wired Digital
 Founder Status at 10+ companies over 20+ years
 40+ companies and products over 20+ years
 Company stages include Bootstrap, Seed, Angel,
VC (Series A,B, C), Fortune 500
 Funding ranges from 0 to $60M+ over multiple
rounds
 Team sizes range from under 5 to over 150
 Acquisitions range from $10M to $4B+

Questions for Audience
About You:
 First-time founder? First-time technology
founder?
 Business background? Technology

background?
 Launching a new product?

 Overhauling an existing product?

 How many of you are having problems?

The Talent Landscape

 All techies are working.
 If not, it is their choice to not work.
 The economy is in bad shape. Technology is
not!
 It takes too long to find talent.
 Above 30 (or after 2 or 3 startups), techies
build their own companies
 Local colleges started targeting startups 1 or 2
years ago

You…in the Eyes of a Techie
 Techies have heard it all before
 Hype: world-changing, but “I can’t tell you what it
is”
 Terminology: “revolutionary” terminology =
unfunded
 All techies have been burned
 Techies are the “belle of the ball” at practically
every tech event. It can overwhelm them
 You have an unrealistic budget (time, money,
or both)

CoFounder Goals
 Determine the following:
 Do you need full-time technical leadership?
 Is CoSourcing an option?:

 Meet as many techies as you can
 Get expert help
A little help: Technical Adviser (free)
 Some help: Technical Adviser (paid)

 A lot of help: CTO (paid)

 Build trust over time with the techies you meet

Where to Find Your
CoFounder?
 Your personal network
 Technology Meetups
 Meetup verticals with bad reputations with
techies:
 Entertainment
 Business Development, Marketing, and Sales
 Ask an expert which ones you should go to

 Hackathons
 Bring your own team or join lots of teams
 Local Universities(?)

After Hiring Your CoFounder
 Seed, Feed, and Weed
 Fire Fast!!!!
 Learn how to interpret and listen to your gut
instincts

FreelanceCTO LLC
 John Shiple, CEO
 John@FreelanceCTO.com

 www.FreelanceCTO.com

 310.893.3687

 @FreelanceCTO
 Active in local community:
 LA CTO Forum
 SoCal Code Camp
 Silicon Beach Fest
 Hackathons, Hackathons, Hackathons!

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Scale dna howtofinda-technicalcofounder-20121105

1. HOW TO FIND AND VET A TECHNICAL COFOUNDER FreelanceCTO – FastStartStudios – November 2012

2. How to Find and Vet a Technical CoFounder Agenda  Introduction and Quick Survey  What are we talking about?  Who am I?  Who are you?  Presentation  Questions and Wrap-Up

3. FreelanceCTO is a Technical CoFounder  Founding Engineer for first commercial Internet company: HotWired/Wired Digital  Founder Status at 10+ companies over 20+ years  40+ companies and products over 20+ years  Company stages include Bootstrap, Seed, Angel, VC (Series A,B, C), Fortune 500  Funding ranges from 0 to $60M+ over multiple rounds  Team sizes range from under 5 to over 150  Acquisitions range from $10M to $4B+

4. Questions for Audience About You:  First-time founder? First-time technology founder?  Business background? Technology background?  Launching a new product?  Overhauling an existing product?  How many of you are having problems?

5. The Talent Landscape  All techies are working.  If not, it is their choice to not work.  The economy is in bad shape. Technology is not!  It takes too long to find talent.  Above 30 (or after 2 or 3 startups), techies build their own companies  Local colleges started targeting startups 1 or 2 years ago

6. You…in the Eyes of a Techie  Techies have heard it all before  Hype: world-changing, but “I can’t tell you what it is”  Terminology: “revolutionary” terminology = unfunded  All techies have been burned  Techies are the “belle of the ball” at practically every tech event. It can overwhelm them  You have an unrealistic budget (time, money, or both)

7. CoFounder Goals  Determine the following:  Do you need full-time technical leadership?  Is CoSourcing an option?:  Meet as many techies as you can  Get expert help A little help: Technical Adviser (free)  Some help: Technical Adviser (paid)  A lot of help: CTO (paid)  Build trust over time with the techies you meet

8. Where to Find Your CoFounder?  Your personal network  Technology Meetups  Meetup verticals with bad reputations with techies:  Entertainment  Business Development, Marketing, and Sales  Ask an expert which ones you should go to  Hackathons  Bring your own team or join lots of teams  Local Universities(?)

9. Interviewing Your CoFounder If you are a techie: If you are not a techie:  Smarts  Skills  Culture  Smarts  Skills  Culture Ask your potential CoFounder to draw your business: • Diagram with only boxes & arrows 1 in 10 Only • Use generic terms techies can do it!! • Avoid using brand names

10. After Hiring Your CoFounder  Seed, Feed, and Weed  Fire Fast!!!!  Learn how to interpret and listen to your gut instincts

11. Questions?

12. FreelanceCTO LLC  John Shiple, CEO  [email protected]  www.FreelanceCTO.com  310.893.3687  @FreelanceCTO  Active in local community:  LA CTO Forum  SoCal Code Camp  Silicon Beach Fest  Hackathons, Hackathons, Hackathons!

Editor's Notes

#5: No talking yet – just raise hands

Scale dna howtofinda-technicalcofounder-20121105

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Editor's Notes