Startups

How to find a CTO for your startup: The 2024 founder’s guide

Tech Researcher

Novikova Darya

Tech Researcher

CEO & Founder

Kiselevich Ilia

CEO & Founder

CTO

Savich Andrey

CTO

January 30
2024
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Hiring the right employee can make or break your startup, especially for C-level positions. This is particularly true for the Chief Technology Officer (CTO) role, the individual who will shape your company's technical direction.

A recent CB Insights report on the 20 most common reasons startups fail lists the following:

  • Not the right team: 23%.

  • Get outcompeted: 19%.

  • Poor product: 17%.

  • Disharmony of the team: 13%.

  • Failure to pivot: 7%.

Almost all these pitfalls can be avoided if you find an appropriate CTO for your startup from the very beginning.

A talented CTO can drive your startup's growth and success. They bring the technical expertise, industry knowledge, and strategic vision needed to turn your ideas into a viable product that fits the market. In this guide, we'll explore the critical role of the CTO, discuss their key responsibilities, and provide a roadmap for finding the right technical leader to scale your startup to new heights.

By the end, you'll understand what to look for in a CTO and the steps to take to recruit this vital member of your startup team.

Who is a CTO in a startup?

A Chief Technology Officer (CTO) is a senior executive who oversees the technology strategy and its execution within a startup. As a technology leader, this specialist possesses a deep understanding of both business and technology. This knowledge helps them align tech initiatives with the startup goals and objectives. The CTO works closely with other team members to ensure the company's infrastructure is efficient, secure, and scalable. Understanding how to find a suitable CTO is crucial for early-stage companies aiming to establish a robust technical base.

How to understand that your startup needs a CTO?

For some startups, bringing in a CTO is not that easy and obvious. Many CEOs think they may just save on recruiting and lead the development team themselves. But let’s be realistic, there are situations when you can’t ignore the need to find a CTO for your startup.

For those in doubt, we’ve gathered some compelling reasons to help you make the decision of hiring a CTO more quickly:

  • Your team needs more tech expertise

Startups often require specialized technical skills (that CTOs have) to develop their product or service. A CTO is able to bring deep technical knowledge and experience needed to solve specific development challenges.

  • Your startup gains traction and starts scaling.

Who is the one to provide strategic guidance? Design scalable architectures? Build a robust technology infrastructure? All this is needed to support the company's growth trajectory.

  • You’re looking to ensure investor confidence.

Investors are seeking a strong technical leader when evaluating startups. Hiring a CTO demonstrates your commitment to technological excellence, making your startup more attractive to potential investors.

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“Unfortunately, we’ve seen a lot of cases when startups, trying to save several thousand dollars on hiring a CTO, lost tens of thousands. Due to the lack of experts to correctly define stack, architecture, and services, projects become difficult and expensive to maintain. Sometimes, startups even have to start the development process from the very beginning.

But hiring a full-time CTO is not an obligatory option. If you are a small startup taking the very first steps on the market, 20-40 hours/month (or CTO as a service) will cover your needs and save a lot of money.”

– Ilia Kiselevich, Founder & CEO at SolveIt

Why is the role of a CTO in a startup so critical?

Unlike a CTO in a big company, the role of a startup CTO differs a lot due to the following factors: 

First and foremost, startups are typically associated with limited resources, both financial and human. As such, a CTO in a startup needs to navigate these constraints to make strategic decisions while being mindful of resource utilization. 

Secondly, provided that startups are more risk-tolerant, CTOs play a critical role in driving agility, exploring new technologies, and identifying opportunities. 

And thirdly, a CTO in a startup is often involved in multiple aspects of technology, having a broader scope of tasks. They may be responsible for setting up the initial technology infrastructure, adopting new tools, overseeing the execution of projects, and more.

CTO roles and responsibilities in a startup

What does CTO do in a startup? Now it’s time to draw the portrait of your ideal candidate. Let’s start by enumerating the key CTO roles critical to the company's success:

Technology strategist

The main driving forces of a CTO are a solid knowledge base, strategic thinking, and curiosity. You need a person able to clearly define the company's technology roadmap and long-term vision. What are the most efficient emerging technologies? How can they be leveraged to gain a competitive advantage? How to assess the relevance of trends to your startup's goals? These are the questions that an experienced CTO should answer with ease.

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Business enabler

A good CTO not only focuses on the tech side of the development process but also bridges the gap between technology and business. They work closely with other C-level executives to understand the company's goals and manage priorities that can enable business growth. Is it better to build an MVP first or go with a full-scale product? How to achieve the needed results in the shortest possible time? The CTO translates business requirements into technology solutions and guides their implementation.

Skilled team lead & communicant

Besides being a brilliant tech expert, CTO should have good psychology and team management knowledge. It’s hard to imagine a dev leader unable to communicate with a team, provide mentorship, and resolve crisis situations. CTOs should foster a culture of experimentation and collaboration, nurture talent, and ensure that the team follows industry-leading methodologies.

CTO responsibilities in a startup

Now let’s dive deeper into the principal CTO responsibilities:

Identifying the tech stack

Designing and maintaining a robust technology infrastructure are among the main CTO responsibilities. They define the architecture, select appropriate technologies and frameworks, and ensure the system's security, performance, and scalability.

Managing the workflow

Being a technical project manager, a CTO takes control of planning and execution. They work closely with cross-functional teams, such as product management and engineering, to define project scope, allocate resources, and ensure the timely launch of an app. The CTO monitors project progress and maintains clear communication channels to keep stakeholders informed.

Mitigating risks

The entire startup environment is associated with constant risks. The CTO identifies potential hazards, such as data breaches, system failures, or security vulnerabilities, and implements measures to mitigate them. They establish robust disaster recovery plans and ensure compliance with industry standards.

Tracking performance metrics

CTOs can implement key performance indicators (KPIs) specific to technology and development processes, such as code quality, system uptime, response times, and more. Additionally, they leverage project management tools to monitor progress, track milestones, and evaluate resource allocation. Regular performance reviews with team members can provide valuable insights into individual and team performance, enabling the CTO to identify areas for improvement. An automated performance management system can also be used to assist in this process.

Taking part in the recruitment process

Who else knows better what technical requirements and qualifications are needed for the recruitment of developers than a CTO? They collaborate with talent acquisition teams, review resumes, conduct technical interviews to assess candidates' expertise, and evaluate their cultural fit within the organization.

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Conducting market research

Staying competitive is vital for startups. The CTO continuously explores new technologies, conducts research, and identifies opportunities for innovation. They evaluate and drive the adoption of cutting-edge solutions to keep the startup competitive.

Required skills and qualities to look for when you find a CTO for your startup

Pay attention to the 5 key qualities when you start a process to find a CTO for your startup:

Technological expertise

A strong startup CTO should possess relevant tech background and be aware of best industry practices. Look for candidates who have a track record of successfully implementing and scaling technology solutions similar to the functionality that you plan to add.

Strategic vision

The abilities to create a roadmap for future technological development and capitalize on competitive opportunities are the indicators of an experienced specialist.

Management skills

A CTO in a startup should know how to guide and motivate their technical teams so make sure you consider candidates with experience in leading and managing cross-functional teams and creating a positive work culture.

Previous experience in startups

Since startups have a more dynamic environment and unique practices than larger corporations, it is highly beneficial (while not an absolute requirement) for a startup CTO to possess prior experience in a startup setting.

Entrepreneurial mindset

Startups require CTOs who possess a willingness to experiment and take risks. Having a CTO who is comfortable working in a fast-paced and dynamic environment and can adapt quickly to changing circumstances is particularly valuable.

How to find a CTO for your startup in 7 steps

Picking the right CTO for a startup requires a thorough approach. Consider the following steps to increase your chances to find your perfect match:

Step 1: Be clear in defining the role

Clearly define the responsibilities, expectations, and required skills for your CTO position. Pay attention to the 5 key qualities when creating a resume for this position. This will help you attract the right candidates and ensure they understand the scope of the role. Be specific about the technical expertise needed, the management responsibilities, and the strategic contributions you expect from the CTO. Having a detailed job description will also make it easier to evaluate candidates against your specific needs.

Step 2: Leverage your network

Tap into your professional network, industry events, and online communities to spread the word about your CTO vacancy. Seek referrals from trusted contacts and consider joining startup-oriented groups where you can connect with potential candidates.

Step 3: Cast the net wider

Advertise the CTO role on job boards and relevant professional networks such as LinkedIn, Indeed, Glassdoor, and similar websites. You can target your job posting to specific locations, industries, and skill sets, increasing the chances of attracting qualified candidates.

Plus, you may browse some hackathons that can be an effective way to connect with talented individuals in the tech community. Such competitions unite developers, designers, and other tech professionals who thrive in fast-paced, collaborative environments. By networking with participants and showcasing your startup's vision, you may identify individuals with the necessary skills to become a CTO for a startup.

Step 4: Organize in-depth interviews

Make sure you assess candidates’ experience, leadership qualities, and cultural fit. Encourage them to provide a comprehensive overview of their tech decisions, delving into the specific technologies they have employed, the architectural designs they have crafted, and the robust infrastructures they have established.

Step 5: Incorporate technical assessments

Technical tasks are a crucial component of assessing CTO candidates. Screen candidates through coding challenges, system design exercises, or case studies, to evaluate the candidates' technical competence.

Step 6: Conduct reference checks

Verify the candidate's professional background, work ethic, and performance. Reach out to their previous employers or colleagues to gain insights into their strengths, weaknesses, and overall performance.

Step 7: Negotiate and make an offer

Once you’ve identified the ideal candidate, negotiate a competitive compensation package. Be prepared to offer equity or other incentives to align their interests with the success of your startup. Clearly communicate the growth opportunities, the impact they can make, and the resources available to support the role.

Where to find a CTO for your startup

Finding a qualified CTO is a crucial task that can make or break your startup's success. When looking for a CTO, it's important to focus on candidates with the following qualities:

  • Extensive technical knowledge and experience
  • Strong leadership and management skills
  • Understanding of the business needs of a startup
  • Commitment to the project's success
  • Flexibility and readiness for rapid changes
  • Cultural fit with the team and founder's vision
  • Ability to effectively collaborate with non-technical founders
  • Interest in equity participation and ownership in the company

Now let’s break down two main approaches to finding such a professional - offline and online.

Offline Approach

Attending technology events and industry-specific conferences can be a great way to connect with potential CTOs. It's important to choose events that are most relevant to your niche and industry to make the best use of your time. As a non-technical founder, you also need to be prepared to communicate with potential CTOs who may use complex technical terminology.

Online Approach

There are specialized online platforms designed for finding potential CTO, such as CoFoundersLab, AngelList, Indie Hackers, Co-founders subreddit, and Co-founders channels on Slack/Discord. These resources can be a great way to expand your network, but it's important to clearly define your needs and not lose precious time in the endless information flow.

Partner with an experienced mobile app development company

As a startup founder, we understand that your time is limited and you want a candidate that would fit perfectly into your team and will help your startup scale. When it comes to finding the right CTO for your startup, partnering with an experienced mobile app development company can be a game-changer.

A reputable mobile app development company has extensive experience vetting and recommending CTO candidates who possess the key qualities your startup needs: deep technical expertise, strong leadership skills, experience in your niche, and a genuine understanding of the business challenges faced by startups. 

The mobile app development company you choose can leverage network and industry connections to introduce you to CTO candidates who are a strong fit for your specific requirements. Just don't forget to evaluate the company you choose to find the best fit: check their portfolio both on their website and on platforms such as Behance and Dribbble; read client reviews on Clutch and other trusted platforms, book an introductory call, ask questions, and discuss all the details to ensure they are the right partner for your needs.

How can SolveIt help your startup find a CTO

Finding the right CTO for a startup can be a challenge, especially if you do this for the first time. This is where experienced development companies like SolveIt can come to the rescue.

We understand the startup landscape and the unique challenges that technology-driven companies face. So, at SolveIt, we offer CTO as a service that provides startups with benefits such as cost reduction of hiring a specialist in-house and focusing on business, rather than solving technical issues.

A dedicated CTO from SolveIt will help your startup:

  • Choose the most appropriate technology stack for a future product;

  • Choose the right development approach: native, cross-platform, hybrid, etc.;

  • Determine the feature list for a successful product launch;

  • Hire relevant technical specialists in the team;

  • Reduce the cost of app development;

  • Reduce the risks of developing an unnecessary product.

We can offer the following options:

  • CTO consulting. At any stage of the project, you can schedule a consultation with an experienced CTO. Our CTO will provide you with professional advice and help you solve any technical issues.

  • T&M CTO or CTO as a service. This option is relevant if you need CTO’s expertise and services on a flexible basis. It assumes hourly-based payment and you can attract a dedicated CTO as much as required. From our experience, this option is the most popular, as it allows flexible engagement and considerable cost reduction.

  • Fixed price CTO. This type of engagement lets you have a dedicated part-time CTO at all stages of product development. They will work closely with your team just like an in-house specialist. It means you will always have their attention and expertise.

Final words

Finding a CTO for your startup is a critical step for any startup. By understanding the key CTO roles and responsibilities, identifying your startup goals, and following a systematic recruitment approach, you’ll be able to cherry-pick the ideal candidate.

If you feel a bit insecure about navigating the developers’ job market, partnering with SolveIt is a win-win decision. Just contact us to get a free consultation today!

FAQ: How to find a CTO for your startup

Q. Do I need a CTO for my startup?

Having a CTO can be crucial for a startup's success, as they oversee the technical aspects of the business and bridge the gap between technical and non-technical teams. However, whether you need a CTO depends on your available resources, goals, and the technical expertise within your existing team. If you have a tech-savvy person who can handle technical responsibilities, you may not need a dedicated CTO, especially in the early stages. But if you're a non-technical founder or your startup heavily relies on technology, a CTO can provide invaluable leadership and expertise.

Q. What is a CTO role about?

The role of a CTO in a startup is mainly to define the technology strategy and roadmap, manage the engineering team, ensure a robust technical infrastructure, and translate business goals into effective technology solutions. The CTO is responsible for aligning the technical vision with the overall business strategy of the company to keep it competitive and growing.

Q. What are the CTO responsibilities?

Key CTO responsibilities include:

  • Identifying the optimal tech stack and designing a robust technology infrastructure.

  • Managing the development workflow and mitigating technological risks.

  • Tracking performance metrics and participating in the recruitment process.

  • Conducting market research to keep the startup technologically competitive.

  • Creating and launching a minimum viable product (MVP).

  • Building and leading the engineering team, onboarding new talent, and managing internal processes.

  • Overseeing quality assurance, debugging, and DevOps tasks.

  • Continuously evolving the technology architecture to support business needs.

Q. How do you find a CTO for your startup?

Here is a brief 7-step plan for finding a CTO for your startup:

Step 1: Be clear in defining the role.
Step 2: Leverage your network.
Step 3: Cast the net wider.
Step 4: Organize in-depth interviews.
Step 5: Incorporate technical assessments.
Step 6: Conduct reference checks.
Step 7: Negotiate and make an offer.

Q. Where to find a CTO for your startup?

There are several primary methods to find a suitable CTO:

Offline Approach. Attend relevant technology and industry events and conferences to network and connect with potential CTOs.

Online Approach. Use specialized platforms like CoFoundersLab, AngelList, and Indie Hackers to expand your network and find CTO candidates.

Consider partnering with an experienced mobile app development company. They can leverage industry connections and expertise to vet and recommend the right CTO candidate for your specific needs. The app development company can also offer options such as CTO consulting, CTO-as-a-Service, or a fixed-priced, dedicated part-time CTO to best fit your startup's requirements and budget. This can provide significant cost savings and allow you to focus on growing your business.