Fractional CTO
A senior technology executive working 1 to 3 days a week for your company, on a defined scope, without the equity or the full-time salary.
The market for fractional CTOs exists because hiring a full-time one too early is expensive and hiring one too late is fatal. A fractional CTO bridges the gap: they make the architecture calls, run the hiring loop for senior engineers, sit in on board meetings, and write the technical sections of investor decks.
What they do not do, usually, is write production code. If your team needs a strong individual contributor, you want a senior engineer with a CTO sounding-board, not a fractional CTO doing the engineering themselves. We sometimes blur this line at Wavect when the team is small enough that the CTO must still ship; the SoW makes the boundary explicit.
Watch for vendors selling “fractional CTO” as a renamed account-manager role. A real fractional CTO has decision authority, attends the same meetings a full-time one would, and is named in your board materials.