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Compensation for Advisors

We are looking to bring on a few advisors to help improve our repertoire of value-added services. Ex. We want to bring on a professional sales recruiter to help early stage companies hire their 1st CRO, SDRs, etc. and help organize their sales operations.  We would want this type of person to spend some time with each new portfolio company. What are typical advisor type compensation models that have worked well or expected?

Top answer:

Please review the Venture Share agreement and compensation model: https://govclab.com/venture-share/ IMPORTANT: It's critical that you avoid signing any agreements with venture partners until after you form the fund and complete a 1st c...

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How does an advisor get compensated?

How does an advisor get compensated?

Top answer:

You can use a venture partner agreement. Click this link to learn more about Venture Partner Agreements: https://govclab.com/2022/03/10/venture-share/

 -  Mike Suprovici
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