SoCal CTO

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What Startup Advisors Do I Need?

SoCal CTO

In some cases, Founders are building an Advisory Board with the purpose of padding their investor deck. I side more with Mark Suster who says : “advisory boards are an expensive equity proposition for merely introductions.” Investors discount this. And it can hurt you if it’s purely cosmetic.

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Technology Advisor

SoCal CTO

In my post, Technology Roles in Startups , I described some of the different ways I engage with startup companies such as CTO Founder , CTO , Part-Time CTO , Acting CTO , Consultant, Advisor and Advisory Board Member. Now, most often technical advisors are part of a broader advisory board. Not enough time.

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Technology Roles in Startups

SoCal CTO

Other labels: Consultant – Take bits and pieces, possibly coach Advisor / Advisory Board Member – Often a periodic responsibility and some ad hoc activities. Some weeks might end up being pretty much full-time on a single startup (e.g., important planning meetings or partner meetings). But it generally works out well in the end.

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Top 30 Startup Technology and Product Posts for September 2010

SoCal CTO

Advisory Board. You Negotiate Commodities, But You Seize Opportunities - Steve Blank , September 16, 2010 It took losing something important to understand the difference between a commodity and an opportunity. Along the way I also learned yet another way entrepreneurs see the world differently from their investors. Carpe Diem.