Our Transparent Pricing Model

CTOs

CTOs are very senior folks who bill at places like Accenture for about $700-800+/hour but who are typically paid about $225/hour. For us, since we don't make money from startups, those same people are $250/hour ($250 - 10% = $225 to match their pay rates at agencies) for pre-revenue, pre-MVP, or unfunded startups. The 10% margin helps us keep our doors open and if we have any profit, we put it in our angel fund. At later stages, we ask clients to pick their own bill rates that are appropriate for the stage of their company but our margins stay the same so it's the startups and the CTOs who benefit.

Technical Experts

Technical Experts are super senior developers, architects or other technologists who are at the top of their field but don't have CTO experience. The kind of folks who do due diligences, super specific projects, really complex architectures, etc. They are $125/hour and up (typically $250+ at staffing companies and agencies), but we use them really surgically - only when needed and only for a few hours or days.

Developers And Everyone Else

We don't have rate cards for a very important reason - for our own developers, QAs, designers, devops and others (we have almost 100 people on our team), we have a tiny margin - usually about 7-15% - just a couple dollars over what we pay them - to cover our operating cost. If we accidentally make money, we put it in our angel fund and then invest it right back into startups.

Everyone else - other experts, professionals and developers at various shops or freelance developers who are not part of FastCTO are whatever they cost - we don't mark them up and refer our clients directly to them.