I'm another of those technical founders who choosed to stick with the code. Even though we are still very small, it has been a subject of conversation since the beginning between my co-founder and me, and after 2 years of trying to convince me to assume managerial tasks, she finally came to term with that idea.

It helps that a late-founder joined us and is already assuming the VP of Engineering tasks. This was done even before our seed round, at only 2 developers. The sooner the divide is made, the sooner you can fully concentrate on building the product.

I never really liked the "CTO" title, as I don't think of myself as a "Chief" or "Officer. I'd rather be called Lead Developer.