Prob obvious but it's wildly irresponsible to act as an advisor or try to take shares in a company in exchange for an advice before your *OWN* company is already a near obvious success. The amount of predatory coaches and founders who fail into advisory roles is terrifying.
imo pre-series b founders angel investing is also a similarly red flag. This is encourage by an army of bad accelerators turning anyone with a banking degree into an advisor worth a few points off the top
-
-
To be fair I think it can be useful to have advice from someone 2 years ahead of you instead of 10, at times. I don't see angel investing as a large red flag as long as it's not predatory/they aren't asking for special deals due to smaller cheques
-
You don’t see me giving you equity
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.