3 ms·
Advisory boards are window dressing yes but I would say that scoring good advisors speaks to the influence of the entrepreneur and the merit of the idea. In ge
by jf781 17y ago
Advisory boards are window dressing yes but I would say that scoring good advisors speaks to the influence of the entrepreneur and the merit of the idea.
In general most investors understand advisory boards are more of show but to me they demonstrate the kind of "company the startup intends to keep".
Ultimately advisory boards are endorsements - plain and simple.
Totally agree with Mark in the post that active advisory boards will require more discipline by the startup teams and equity compensation for advisors.