The typical science and technology based business is launched by one
or more scientists or technical professionals with little or no business
training or experience. They may have a very promising technology, but
lack the knowledge of the steps and activities involved in developing
it into a business. Turning a technology into a business requires a
different skill set and an entrepreneurial orientation that scientists
and engineers often lack. As a result many good technologies never make
it in to the marketplace.
startup CEO service is intended to fill in the gaps and provide the
missing pieces that the technical founders of a company are unable to
provide. It is intended to deliver the business development services
and support required to help the company reach the point where it successfully
raises sufficient financing to begin hiring its own dedicated management
team. This service would be priced at an hourly rate, a portion of which
could be deferred in return for equity.