Product on CTOMultiplier

Startup Mistakes: Hiring a full-stack developer as CTO

Wed, 06 Sep 2023 13:36:42 +0000

Some startups hire a full-stack developer for the CTO position, because they do not have the budget for an experienced CTO. There is a belief that in the early stages a developer can take over the CTO position, and learn as they go along. There are several reasons for this. On the one hand, many startups start with very little money, which makes it impossible to pay the salary of an experienced CTO. On the other hand, there is a lack of knowledge about the responsibilities and value of a CTO.

Startup Strategy 101: 10 Tech and Product Errors to Avoid

Wed, 06 Sep 2023 13:15:38 +0000

When you start a startup you have a blank sheet of paper: the possibilities are endless and while it is true that there is no 100% effective manual on how to get started, there are recommendations about what usually works and what doesn’t. In this post I want to talk from my experience working in several startups, about common mistakes I have observed when defining the technology and product strategy. Of course, it is not a complete list, and you can surely find exceptions for most of the points, but I think these are decisions that in many cases can be considered as wrong or at least not optimal. In the startup world, mistakes are often referred to as learning, but stumbling twice on the same stone is no longer learning…

AI is not the product

Fri, 14 Jul 2023 17:20:07 +0000

Lately I have spoken to several founders who have told me that people have been asking them to do things with AI for their products/services. Clearly there is a hype, and a lot of attention is being focused around AI. In addition, there seems to be a wave of powerful investments in startups with AI in their name, which feeds the hype.

If I can give my two cents on the subject, based on my experience working in a startup that used AI to build products, I will say: