CHALLENGES
CEOs lack Technical Edge
Plethora of startup ideas are floating around and many companies are getting started-up by people with a business idea but they typically lack the technical edge needed to take them to the next level.
CTO Cost
The startups are already struggling on funds and sometimes are finding meeting the ends a difficult task, hiring an independent CTO becomes a costly affair.
Hiring Difficult
Good CTOs may not want to risk their current secure positions to take up the role of CTO in a risky startup.