Does having a board of advisors increase your chances of getting funding?

No.

Or maybe — only barely, a tiny bit.

If you get Larry Page or Marc Benioff to be an active advisor — well, then, you have our attention.

But otherwise, a bunch of headshots of folks with experience in your industry does nothing.

It’s tablestakes.

You’re expected to attract some great advisors.

What is interesting is if you have a great, full-time management team already. Or even part of it. An amazing team.

That’s always hard.

View original question on quora

Published on March 28, 2017

Pin It on Pinterest

Share This