Already an Angel? Become a VC in two working sessions, and we may invest in your fund. Seats close Sept 15.
Save My Free Seat
Previous Post
Next Post
0

Asked by

Community Member

on

in

General

What is the Role of Fund Advisors, When to Seek Them, and How to Determine the Right Fit and Remuneration?

What is the role of Advisors for a Fund? When do we start looking for Advisors and how do we identify the right fit and work out a remuneration (fixed vs variable). Thank you.
1 See in Base
0

Answered by

Community Member

on

Most Advisors are venture partners, through some funds have a scientific advisory board. All of the VC Lab curriculum work around venture partners is essentially advisor work. They are compensated with a venture partner agreement.

Join VC Lab

Raising your first fund? VC Lab has helped launch 950+ venture firms, with no fees and no equity taken. The average Start Fund reaches first close in 58 days.
Apply Now