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5 Questions To Consider When Contemplating Advisors

Startup Professionals Musings

Advisory Board members often serve for a nominal retainer, or one percent of the equity, whereas Directors for even a small company would expect at least a five-digit retainer, plus meeting expenses. It’s a resource that you can’t afford to ignore if you intend to stay competitive today. How much are you willing to spend on your board?

Allegis 139
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5 Key Drivers For Creating A Board For Your Startup

Startup Professionals Musings

Advisory Board members often serve for a nominal retainer, or one percent of the equity, whereas Directors for even a small company would expect at least a five-digit retainer, plus meeting expenses. It’s a resource that you can’t afford to ignore if you intend to stay competitive today. How much are you willing to spend on your board?

Startup 98
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When To Enlist A Board Of Directors Or Advisory Board

Startup Professionals Musings

Advisory Board members often serve for a nominal retainer, or one percent of the equity, whereas Directors for even a small company would expect at least a five-digit retainer, plus meeting expenses. It’s a resource that you can’t afford to ignore if you intend to stay competitive today. How much are you willing to spend on your board?

Allegis 69
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Roping in the Legal Eagles

InfoChachkie

Some startup attorneys will accept a portion of their initial fees in the form of equity. When you hit the inevitable bumps in the road, a lawyer who has an equity stake in your business is more likely to be flexible with respect to payment terms and more willing to give you quick, off-the-clock feedback and guidance.