Not understanding titles.
First, this is for a "vp of engineering" that is "hands on". Are you really looking for an architect that codes? Perhaps a Sr. Engineer/Team lead? Do the engineers directly report to this "vp of engineering"? What happens when the team gets to big?
Second, you are locking yourself into something prematurely. If you want someone hands on with management experience and capacity to grow into a future leader, state that and start looking. Make your interview quick on the technical assessment, heavy on the social and ask "what would you do in ..." or "how would you handle this ..." type of questions. See if the person has 1. experience 2. common sense or 3. good intuition on process/people.
Lastly, what does the rest of the company look like when the VP of Engineering clearly has an inflated title. Are all the C level/VP level people equally inflated?
Anyway, sorry for the rant. It seems a common occurrence in Startupsville to see people running around with titles that mean nothing for the sake of having the title.
"Oh, cool. I'm the VP of engineering at blah blah".
"nice, what do you do everyday."
"Oh, you know, code reviews".
Whatever.