This is a great question and one more companies should consider in their early days. I’ll answer in three parts:
1. What do Titles Mean?
Most titles are meant to represent seniority in an organization, although they are usually relative to that organization and the industry. For example, a Vice President at a bank is usually of equivalent level to a Senior Manager at a technology company as the title conventions in the two industries differ. In mechanical engineering, the title Professional Engineer is a very important title while it does not exist in software engineering at all.
Image: http://www.forbes.com/ - Quora
To read the original article: What Are The Differences Between Assigning VP-Level Titles Vs. CxO Titles In A Startup?
