Hello! I have been getting a lot of requests to be a fractional CTO and needed advice on how the model works? Any Fractional CTOs here, do you usually charge $$ or take equity (how much should I be thinking?) or both? I’ll be working with seed, series A and B funded startups. Thanks!

  • fluxybe@alien.topBEnglish
    1·
    1 year ago

    Thanks for the logical tip about the audit.

    Could you clarify the “after audit part”? You give a few hints like

    • avoid hourly rates
    • waive the fee for a $100k deal
    • negotiate project fee … Can you give some example deals on how you package your service (as a product)?

    Are you fractional as in:

    • you stay a few months and solve a specific problem
    • you stay parttime for long term (combining CTO roles)

    Thanks!

    • drteq@alien.topBEnglish
      1·
      1 year ago

      I think you meant to reply to my comment - From your questions I’d say you’re looking at this from a job perspective, I’m looking at it as a relationship.

      The difference is I’m not trying to sell long term deals out of the gate - I never want a situation that gets stale over time, it starts to feel like employment situation… as hired expert you’re the boss, as an employee it’s not as effective.

      You can stay as long as needed, calibrated to what the company actually needs. Every company is going to have different problems, budgets, size - a small company with simple problems don’t need me forever and I don’t need them.

      The audit process helps you identify the opportunity unique to the company you’re working with - what you do from there should reveal itself as you go.