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Everything you ever wanted to know about advisors, Part 1

venturehacks.com

Some entrepreneurs set up quarterly advisory board meetings and that probably works well for them. But we find savvy entrepreneurs tend to be transactional—they ping their advisors as needed and skip the advisory board meetings. SKMurphy » Common Questions about Advisory Boards. // Nov 24, 2008 at 7:27 pm. [.]

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Venture Deals 4e German Edition

Feld Thoughts

He believes the structures originally developed in the U.S. This third body is often referred to as an advisory board (Beirat), sometimes also as a supervisory board (Aufsichtsrat). Employee option pool: The framework conditions for employee option pools remain a major problem in Germany.

Germany 165
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How to Divide Equity to Startup Founders, Advisors, and Employees

thinkspace.com

Equity for Board of Directors and Advisory Board. Typically for an Advisory Board it ranges from 1/10th of percent to 1/2% and for Board of Directors from 1/2% to 2%. Percent of the outstanding option pool: meaningless. Strike price of options: meaningless. Responsibilities 6 0 0 6 36.

Equity 62
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Why Co-Founders Are a Startup's Biggest Liability | The Startup Lawyer

thestartuplawyer.com

I think you'll have trouble developing your idea without bringing on people, probably as co-founders. Even if you are able to do so w/o bringing these skill people on, potential investors will likely ding you since you can't implement the idea (even if already 'developed').

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Everything you ever wanted to know about advisors: Part 2.

venturehacks.com

Normal advisors are also assembled by naive entrepreneurs who think the mere presence of an advisory board will create social proof and help them raise money. But investors don’t take these mock advisory boards seriously. Many advisors want options they can exercise immediately —that’s fine.