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!
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.