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0answers
102 views

Compensation for Board of Advisors of an LLC

What is the best way to compensate a Board of Advisor of an LLC? We have just started a company and would like to have about 3 advisors. A couple of the managers know some influential people who ...
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vote
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 ...
1
vote
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 ...