I think the linked https://blog.gregbrockman.com/figuring-out-the-cto-role-at-s... is much more interesting, it gives more actionable detail and advice.

As Brockman says, you need a very strong VP Eng to make this possible.

It’s an important milestone for the technical founder(s) to decide if they are going to hang up their spurs and become a manager/leader, or keep doing the technical work. (A common failure mode is trying to do both.)