Remove Advisory Board Remove Developer Remove Option Pool Remove Software Review
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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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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.