If you have a start-up profile on AngelList you might have noticed a few "roles", or buckets that you can use to add other folks or institutions to your company's profile. Some of them are quite self-explanatory, like:
- Previous Investors, and
But some a bit more ambiguous:
- Advisors and
There's also a group of "Followers". It is safe to assume (given previous training by Twitter) that the FOLLOWERS are the people that somehow heard about you or your start-up profile and decided to "follow", i.e. see your updates in their stream, but what are the last two groups?
So here are a few questions that I can't seem to find the answers to on AngelList:
Why Advisers are plural and Referrer is singular? Just a spelling inconsistency of there's more to it?
What should your expectations should be of each, besides them spicing their own profiles?
What should the reasonable expectations of such supporters be?
How does one go about securing one of those on AngelList? Or are those BYOA/BYOR? In that case, again it seem to benefit AngelList more than the start-up... I was recently approached by one of the followers with request for a contract and "...with payment amount that you/your company can afford for my time..." Naturally I had to decline that offer.
AngelList is growing very fast with just about anyone jumping on board. I noticed "review" option, which only appears to be a "positive reinforcer", i.e. "Say only if you have something positive to say. If you have negative -- hold your peace". It might be obvious but I'll say it anyway, with just one-sided feedback system there's no room left for objectivity, which is kinda strange for the team that created Epinions.
Anyway, since AngelList does not have FAQ or a forum where such questions could be asked (hint), I again reserve to this great service. If you have any answers to any or all of these questions, please feel free to just in. Please use the number of the question, if possible.