Remove Acquisition Remove Advisory Board Remove Channel Remove Demand
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Building Great Founding Teams

Steve Blank

(However, in some industries such as life sciences, founders may be tenured professors who are not going to give up their faculty positions, so they often become the head of a startup’s scientific advisory board, but aren’t part of the founding team.). A couple of caveats about founders with “ideas.”

Cofounder 335
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Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

Build an inside advisory board of influencers and experts. If Bill Gates has agreed to be on the board of your software startup, that’s major traction, even with no paying customers. Show evidence of growing and unsatisfied customer demand. Visibility increases over time are traction.

Metrics 143
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[Excerpt] Earlyvangelists: The Most Important Customers of All

ReadWriteStart

In both physical and Web/mobile channels, earlyvangelists display these common characteristics: They have a problem or need. Moreover, they can be potential advisory board candidates. Web/mobile businesses conduct customer discovery differently from those in the physical channel. They understand they have a problem.

Customer 119
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How much equity do I give an advisor? What do they give me?

The Startup Toolkit

Those numbers get completely thrown out when the advisor is your distribution channel. if the company is sold, they get their entire stake immediately, whereas the founders often have to start a new vesting period in the terms of the acquisition). I get regular intros & feedback, and they endure minimal demands on their time.

Equity 46
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Startup Resources

www.vccafe.com

great web customer acquisition tutorials. on demand billing and fraud management. Executive / Advisory Board Compensation. VentureHacks on Startup Advisory Boards â?? Roku Channel Store. mixpanel vs kissmetric vs google analytics review. Analytics blog â?? good analytics tutorials. good tutorial.