I am also building up a team right now as well. I do not think its enough to say that you are the CEO/Founder. Leading by example, and having skin in the game is critical. The CEO needs to have enough technical skills to be able to build a MVP and relate to his CTO and engineers.
There are literally thousands of idea people needing developers/CTOs in the valley now. Pick a challenging problem that you're solving in a unique enough way and never look back.