I'm a CTO. We took PE money 6 months ago. AMA

Career developer turned CTO at a healthcare startup. We're two years in, profitable, and took a PE investment 6 months ago. Happy to answer any questions on that journey, startup life, how we're using AI, the PE investment, etc.

On an airplane and sounded like a fun way to pass the time if anyone has questions :)

4 points | by scottndecker 1 hour ago

5 comments

  • 4d4m 4 minutes ago
    How are you preserving the culture and keeping your best teammates? Usually the pressure to stop R&D and focus only on margin expansion makes this hard to do - that your experience yet or things still good?
  • harryquach 45 minutes ago
    Did your employees have equity? If so how did this process work, with the PE firm?
    • scottndecker 41 minutes ago
      Employees have stock options, not stock. Those options are now worth more. Probably can't share too much more detail than that on financial specifics.
  • rrr_oh_man 1 hour ago
    What’s the company? How did you start? Are you a co-founder?
    • scottndecker 1 hour ago
      Started by a team of 3 three years ago. I knew one of them from my time spent in grad school and living in NH. I joined a year after it formed but before it really took off. Founder #5 type of situation. Significant equity but can't claim I was there from day 0.
  • rrr_oh_man 1 hour ago
    Are you flying business class?
    • scottndecker 1 hour ago
      Ha, no. Southwest, boarding group 5.
  • paulcole 1 hour ago
    Did PE come to you or did you go looking for the investment?
    • scottndecker 1 hour ago
      Came to us. Some of our founders had previous success and were funding out of their own pocket. We had just turned profitable, but PE money allows a different velocity which we wanted. So when they approached us looking for a solution in our space, we took the meeting. One thing led to another.