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Category: For Mentors & Advisors

When Service Companies Build a Product

Service companies are known for having low gross profit margins as compared to tech companies, especially software. That’s because services require human bodies to deliver most of what the customers…

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startup advisors - Corporate Execs Advise Startups

When Corporate Execs Advise Startups

I regularly get introduced to a career corporate execs that has an interest in mentoring or advising startups. Oftentimes, it is because the executive recently retired or is planning to…

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startup board members

Early Stage Board Composition

Upon a startup’s incorporation, their attorney usually helps establish a board of directors (aka – the “board”), even if a solo founder is the only board member.  The company’s bylaws…

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stock option exercise period

Startup Advisor & Board Compensation Guidelines

You’ve been working with a startup founder or perhaps a co-founding team and they pop the question: “Would you be interested in joining our advisory board?”  You were secretly hoping…

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