Equity for pre-seed advisors
Onboard the right advisors and offer them the right compensation for their contribution.
But always remember to:
➡️ Hire advisors for their advice, but don’t follow it blindly
➡️ Evaluate the advisor's sense of giving before you get into any commercial discussions
➡️ Figure out the right fit
➡️ Decide the compensation based on the output and not on the input that is time
Are you overestimating advisor equity costs?
Carta produced a report with data as of H1 2023.
Thanks, Carta for sharing the insights.