Grant

Developer and product person.

Portland, OR, USAOn FounderCloud since 2023

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Answers in the Nest

Why does it seem EVERYONE is looking for a CTO?“Practical analogy: If you want to build a 100 story skyscraper, would you hire a local architect, or builder? No. Most would have no idea how to build the foundation to support such a structure. Some might fake it for a while, but ultimately the poor foundation would be blamed when the structure collapses. The software industry is the intangible version of the construction industry. It even borrows terminology: architects, designers, developers, etc. But the intangible nature of software makes it more complex and riskier than physical construction. That's why software interns are being paid $150k at Facebook, and experienced architects are getting $500k + bonuses at Microsoft. Can your start pay that? As others have said, if your solution is light on technical, then you can get away with an interior designer to decorate your pig; and then hire technical people to fix it later. However, if you're idea is to build 1,000 story buildings, you better have strong technical co-founder who has the drive to achieve the impossible, and a willingness to give up a minimum $200k per year job. That's why VCs love tech co-founders from FAANG companies. Known technical skill, and willingness to defer high income; that's a manageable risk, with high potential upside.”