Do any of the following six scenarios give rise to Conflict of Interest, for me and my company and/or for the other person and his company:
I appoint a well-connected professional on my company's Tech Advisory Board, awarding him some company stock. This person helps me with business development, introducing me to useful contacts as well as sharing insights on industry trends and product development strategy. Sooner or later, our interactions lead to contracts of work for my company from the company he is working for, and/or from the companies he worked for previously.
I pay a well-connected professional (working for another company) as a short-term business consultant. This person introduces me to useful contacts, and as well shares insights on product development. Sooner or later, our interactions lead to contracts of work for my company from the company he is working for, and/or from the companies he worked for previously.
I appoint a colleague and fellow-entrepreneur (who has his own startup) on my Tech Advisory Board, awarding him some company stock. Sooner or later, our interaction leads to work contract from his company to us, with our software being licensed to them and revenue being shared.
I employ a colleague and fellow-entrepreneur (with his own startup) as a short-term business consultant. While helping my company endeavors, he gives us a work contract from his company, with revenue potential from them to us.
Another colleague and fellow-entrepreneur is keen on having me help his company with their stealth-mode project. I render the help pro bono, or at the most, he gives me some of his company stock. I may or may not be officially appointed to his tech advisory board. Sooner or later, I bring a work opportunity for my company from his, leading to partnered development, licensing our technology to them, revenue sharing and IP sharing.
A close blood-relative of mine has a marketing research firm. I pay this person/his firm for some marketing research for my company, not considering other qualified firms to conduct the same work.