• How much equity should a board member be offered? Why would a founder give equity to an advisor, when they can sell the equity and get advisory services from their investors? (35:34)
• If only the CEO has contact with their advisory board, how does the benefits of those conversations trickle down through the company? (37:42)
• The dynamic between board members can make or break the success of the advisory board; how can we make sure there is cohesion between board members and that they are getting along? (39:13)
• What duties are expected of advisory board members, and what asks would be off-side? (44:54)
• What if you want to have “big names” on your advisory board for appearances, but you don’t plan to use them for advice? Would this be disingenuous? (52:36)
• What duties are expected of advisory board members, and what asks would be off-side? (57:34)
• When we think of experienced board members, we think of more “mature” advisor. If we stack your board with experienced, older people, don’t we risk losing perspective? (1:00:44)