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@labbish Exactly. My way of doing it is to arrive at what's possible by collaborating with the team. The only constraint is that what we ship must be usable and communicate what we're trying to deliver. So, for instance, a lot of times, version 1 might be something on Excel, it might be a very...

@labbish What’s worked for me when compressing timelines is making time the deciding factor. I will set a 2-week timeline and make sure we ship version 1 by then. Of course, many envisioned features will be left off the table, and we can only ship simple stuff. But the 2-week timeline prevents...

@southwestseeker It is a valid idea. Especially for angel investors in startups. It happens today in any case, through informal channels like brokers. It was rampant before the PayTM IPO many folks were buying vested ESOPs from employees at Paytm. The challenges are mostly on the legal side...

@daniellea There is no fair compensation in reality. It all depends on the expectations. If the advisor is open and relying on you to share what the equity component would be then it’s best to search on YC’s extensive resources for what an ideal amount would be based on your company stage; and...

@daniellea It’s a tricky question. There are answers upon a quick google search. But the nuance lies in your relationship with the advisor as well as their understanding of being an advisor to a startup. The issue occurs when an advisor who isn’t well versed with startup advising begins to get...