Saturday, 19 August, 2023

Ineffectual CTOs Contribute to Valuable Cap Table Losses in Startups

Startups facing the consequences of ineffective Chief Technology Officers (CTOs) may find their cap tables burdened with significant dead weight. CTOs play a pivotal role in tech companies, and their competence can greatly impact a startup's trajectory. If a CTO fails to deliver on promises or lacks strategic vision, the startup could face financial losses and decreased valuation. It underscores the importance of selecting capable CTOs to ensure business growth and success.