1) the CEO-Sales manager is one of the founders (he is doing both functions).
2) the other founder is the product development manager and lead developer, and the advisor is proposing the new position to report directly to the CEO. The new role of the CTO will be to take care of supporting the sales, channel, hardware connectivity and architecture.
4) 95% is own equally by the founders, the advisor has the rest (5%).
5) Fight for hiring someone to take care of supporting the channel and let me act as a CTO in charge of determing product roadmap and funcionalities.
Thanks!
Note: I'm posting this with an anonymous identityI'm currently the CTO of a small (7 empl) saas company in spain. We are three founders and an advisor who has little shares. After 3 years of working hard, we finally have a product that people likes and we have had some sales (about 100K soft+services). We are on the way to receive some seed investment, and the advisor told us to get some loans...