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I should also ask, what qualifies as "help 2 or 3 times" and what kind of equity would you envisage? (I know it is highly dependent on multiple factors, but I a
by jseeff 11y ago
I should also ask, what qualifies as "help 2 or 3 times" and what kind of equity would you envisage? (I know it is highly dependent on multiple factors, but I am curious for people's experiences...)
- calcsam 11y agoJason Lemkin does a pretty good job here: http://www.saastr.com/on-paying-your-mentors-and-advisors-the-2-5x-rule/ http://www.saastr.com/on-paying-your-mentors-and-advisors-th... You're probably thinking, as you're accustomed, about your time in units of billable hours. You may want to reframe that in terms like those Lemkin describes. If introductions are not really your currency, an actionable breakthrough communicated might be. Or a fundraising / sales deck you review & provide detailed feedback on.