Advisory Boards in Startups

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  • Advisory Boards in Startups Book Detail

  • Author : Eric Weber
  • Release Date : 2016-08-25
  • Publisher : Springer
  • Genre : Business & Economics
  • Pages : 252
  • ISBN 13 : 3658153407
  • File Size : 57,57 MB

Advisory Boards in Startups by Eric Weber PDF Summary

Book Description: The author shows that advisory boards in technology-based startups have seven different roles and functions: control, advice, networking, signalling, capital provision, co-management, coordination. It is shown that venture capital investors try to influence the importance of these roles in favour of control, coordination and co-management. Contrary to this, the satisfaction of founders as well as advisory board members increases with a higher importance of advice, networking and signalling. This analysis provides both qualitative and quantitative empirical data on the usage of those boards in practice.

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