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Fund Operations

What is the Role of Fund Advisors, When to Seek Them, and How to Determine the Right Fit and Remuneration?

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May 03, 2023
What is the role of Advisors for a Fund? When do we start looking for Advisors and how do we identify the right fit and work out a remuneration (fixed vs variable). Thank you.
renumeration compensation venture partners Advisors
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Community Member
Accepted Answer
May 03, 2023
Most Advisors are venture partners, through some funds have a scientific advisory board. All of the VC Lab curriculum work around venture partners is essentially advisor work. They are compensated with a venture partner agreement.
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