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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

When the company hits potholes, Flexible VC investors usually don’t have the nuclear options of firing management and/or doing a recapitalization. Disclosures: Blue Future Partners is a member of the Advisory Board of ff Venture Capital , where David Teten was formerly a Partner.

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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. Should I give advisory shares to my investors?