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by Codhisattva
4275 days ago
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Co-founder usually means "compensated with more equity than cash". And there's also the implicit massive time commitment. Part of the point is that an advisor is typically someone so experienced you can't afford all of their time. But they can turn enough of the problem into routine bits and pieces that it becomes easier for a person with less experience to implement correctly. I believe all too many startups suffer from inexperienced developers throwing up the first thing that comes to mind. A little guidance goes a long way to taming youthful exuberance. |
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