advisor
also referred to as: advisors
5 statements across 3 episodes · 3 bullish · 1 bearish · 3 people on the record · first statement May 20, 2020 by Andy Wilson · across every show →
Everything said about advisor, oldest first
May 20, 2020 negative
Wilson: Startups should compensate advisors with equity options instead of cash
“An advisor that asks for money is probably not an advisor you want on your team, because an advisor is trying to help you grow the business, right? They're trying to expand that share price. And if you pay them cash out of the balance sheet, it's actually decr…”
May 20, 2020 positive
Wilson: Calculate annual advisor equity by dividing $12,000 by share price
“The way that I've structured it is real simple. What would I pay this person as a consultant? You know, if I were to meet them at a party and say, Hey, I really have this problem. Can you help me to do this? How much would I pay them? Now, of course, this will…”
Aug 23, 2022 neutral
Pigment built mini CRMs for every VC and advisor to track leads
“The playbook we did at Pigment is simple. We started to create some mini CRMs with all of our VC All of our advisor tracking all the P zero, P one, P two priorities of the companies we wanted to sign and making it a win-win, meaning that basically we would all…”
Aug 23, 2022 positive
Founders should select investors based on their customer acquisition networks
“So even before choosing the partners that you want with you around the table, my number one advice would be to think what VC, what advisor, what angel, what operator has the network that I need to actually unlock some customers.”