Tagged Questions
1
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2answers
48 views
How Do You Keep Advisors (Both Formal and Informal) Informed/Engaged?
What are some methods that you use? There can be issues like time conflicts, not keeping them in the loop enough, and advice that comes like after you've already made mistakes.
Is it hard to make ...
1
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3answers
543 views
Should I give away 10% equity to a super advisor?
I'm a sole founder of a rather ambitious company which I have worked tirelessly to build. The company will require some heavy lifting from well connected political persons to help the company to ...
1
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3answers
201 views
How can an Advisor be rewarded if there's not a VC round or Sale down the line?
A guy who's help our SaaS startup a lot in the 1st 2 month of its life has suggested that we form and he join our Board of Advisors. He's very helpful to us, a great guy and will definitely be an ...
5
votes
2answers
364 views
What are startup board of advisors best practices?
A common suggestion to start ups is to get a board of advisors. Three or four people that will interact once a month to help with business strategy, development, market positioning, … I heard that ...
1
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2answers
131 views
Mentor requesting for board of director role, should i offer director or advisor role to him?
We recently met a person through our contacts and he has shown interest in our startup & super liked the Idea. We had initially requested him to be our mentor, for which he agreed. In our next ...
1
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3answers
122 views
Board and Advisors Needed?
I wanted to know if it was needed to have Board Members and Advisers for your start-up to be successful. I know there are advantages to having this committee in terms of how they can advise you, give ...
5
votes
2answers
501 views
What percentage to give advisors / VC matchmakers?
I've been approached by two startup heavyweights who offered to recommend me to VCs and angels for my startup (I'm the sole owner). They've asked me what percentage of equity I would offer them in ...
5
votes
2answers
130 views
How have you best leveraged your “Board of Advisors” to help launch your start up?
Many of us have friends and people with whom we have worked in prior roles who have become advisors to our start up efforts - in both formal and informal fashions.
What have you found has worked well ...
3
votes
3answers
1k views
Board of Advisors Compensation
I'm assembling a board of advisors for a brand new company. I'm thinking of gathering five individuals and paying them 2% each for a total of ten percent. This ownership stake would vest fully after ...
13
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8answers
1k views
What's the best way to assemble a board of advisors/mentors?
I'd really like to put together a Board of Advisors, but I'm not sure how to start. I've found that being held accountable to someone or a group of people can really help to fulfill business goals. ...
