startupbug.com - Should Your Startup Have an Advisory Board? http://www.startupbug.com/startup-news-and-stories/should-your-startup-have-an-advisory-board/ So do advisory boards really add value? In my experience most advisory boards under deliver relative to expectations. The CEO picks prominent people who are busy in their own right with their own companies. They are usually offered around 0.25% of the companies equity in exchange for their role and I’ve seen many companies hand out a total of 2% to advisers. Tue, 13 Oct 2009 00:25:48 CDT en