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How many advisory shares should I get?

1 pointsby pavanman5000over 5 years ago
My background: Was a c-level exec at a company that I was very early stage at. We exited for 700 million+, grew from 1 to 1000+ employees, raised 50 million+ in funding. I was already a millionaire from before, but I gained additional millions after the deal.<p>I&#x27;ve been advising a founder and helping him close a deal with my former company using the expertise I have and the insider knowledge I&#x27;ve built. The company has raised $20k at a 500k valuation when it was an idea. Since then they&#x27;ve made some revenue and partnerships but nothing significant. Founders have Duke and Northwestern graduate degrees and many years of experience.<p>I agreed to a monthly call&#x2F;sit-down.<p>I&#x27;m asking for advisory shares and they want me on board, but I have no idea what&#x27;s fair and makes sense.<p>Any good articles on this subject. Anyone out there who have advisory shares?

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