Ask HN: Does this mean something? Or am I overthinking it?

Recently (a few days ago) interviewed at a small startup (20 ppl) for a backend position. All in all it went decently well. I reached out today to follow up in regards to a timeline for them to make their decision. I was told by the Operations Director that the CTO would call me in a few days with his/their decision.

Having never interviewed at a startup before, I'm not sure what the process looks like. However, I do know that for larger companies, HR usually makes the offer phone call - which has me thinking that the CTO won't be calling with good news in a few days.

Does anyone else have experience receiving a yes/no from a small, new company and care to offer some advice?