Advisor
Definition
Advisor: An advisor is an experienced professional who provides guidance to startups in exchange for a small equity stake (typically 0.25-1%). Advisors offer expertise, connections, and mentorship, usually committing a few hours per month. Good advisors open doors and accelerate learning.
Example Usage
“Our advisor, a former VP Sales at Salesforce, helped us structure our first enterprise deal.”
Common Misconceptions
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