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Their competitor bought them out in April 2000, couldn’t IPO, and was bankrupt by August. He joined StubHub as CTO, but didn’t get nearly as much equity as the other CTO — because he “wasn’t committed enough.” You can’t build a whole new product, but you can tweak what you have.
But what they don’t have is a good enough founding team: Sometimes, if the prospective founder isn’t super technical, then the CTO/VPE isn’t really great. They’ve got a rent-a-CTO. Or sometimes they are great, but the team members are just not great enough for their new C-level roles (CEO, CTO, CMO, CSO, CBO, C?O).
Combining Strong Growth With A New Level of Efficiency. We did a deep dive here with CTO Dharmesh Shah a little while back: And a few other interesting learnings: #6. Their focus is customers with 2-2,000 employees, and “up market” is 200-2000. And a good natured-challenge to all of us to keep growing!
In the last two years there have been so many new services around security, around machine learning that literally did not exist. Megan Leuders: So a great example of that is when we’re selling to a large financial institution and we do sell to kind of the Global 2000. At Zenoss, again, our target market is Global 2000.
What about, as someone who’s gone from your own solo GP fund in 2012 to a team, how does a founder think about a new partner? Because, on the one hand it’s exciting, and what I see a lot today is founders often bond with a new partner. If I get picked, do I want the more experienced partner, the new partner?
Over the past few years, we've seen a new role emerging at within scaling startups - the growth engineer. These roles are filled by engineers that roll up to the CMO/COO (not CTO) as part of a growth team. This is not new. By 2000, cookie-based A/B testing on web birthed the "Conversion Rate Optimization" industry.
John Gruber chimed in shortly after with a nice follow up, “ Bing, the Most Exciting Product in Tech ,” that calls out further commentary by New York Times columnist Kevin Roose.) Alarm over AI isn’t something new. Ray Kurweil ’s book, “ The Singularity is Near ,” was published in 2005.
I remember when I was in business school the internet was brand new and back then the hero was Jerry Yang. Tim Handorf you can see there, joined me at BigMachines in 2000. And even if you haven’t started a company, I remember my CTO for my first company BigMachines was Vic Austin. This was in 1997, and I spent two years.
At SaaStr Annual we had a great session with HubSpot Founder & CTO, Dharmesh Shah, and their Chief People Officer, Katie Burke, on building happier employees. Or, my favorite, I’m new, this is my first time. jason Lemkin : I think 50 is the new, the new number for me. At 2000, it’s a fact of life, right?
So you guys are open up a new chapter down there. Casey Woo: Yeah, I, I have a thing where when I start a new CFO role, I sit down the entire team and I think one, one of the most important things for leadership is setting the mindset and the, and the tone. You are the customer service representative for our CRO, our CTO.
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