Advisor shares

Also called: advisor equity, advisory shares, advisor agreement, advisory board, advisor stock

A small amount of equity a startup gives an advisor in return for ongoing help, usually as stock options that vest over the period of the advice.

For example: An experienced operator agrees to meet a founder every month for two years. The company grants that advisor stock options that vest over the two years, under a written advisor agreement.

Connects to 7

Mentor Concept
Stock options Concept
Vesting Concept
Option pool Concept
Cliff Concept
Fractional executive Concept
Technical advisor Concept

This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.