Startup Advisor Equity? - Pebble Watch Founder Eric Migicovsky

Pebble Watch founder and Y Combinator partner Eric Migicovsky on how he found startup advisors, how his advisors helped Pebble, and how he compensated his advisors with equity.

Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.

[ycombinator]

What do you think of the new slide style? Testing out something that doesn't burn your eyes as much as the white ones :) - Craig

[sebastianjimenezbienen]

Aside from domain expertise, how do you know which advisors are good for you? Do you just look at their previous success with their companies, and prioritize the most successful ones? What about later stage advisors? How do you pick them? How do you decide that this person's long term advise is worth a quarter of a percentage?

[ramudu_]

Very insightful sir. Highly appreciate it!

[t_carp_h]

Thank you, Y Cominator, so much for your helpful and instructif short videos!

[ahmedxh]

So is the difference between advisory shares and investors share that they are not in perpetuity and they go away after an agreed on period?

[AleksKuznetsov]

How can I find an adviser? What are the best resources to connect?

[carlatashkadeh]

Never give away equity to advisors. Save it for employees/investors.