try advisory board architects. I would find out valuation and revenue and compare to benchmarks.

Lol. Look at the Advisory Board Architects website! I'm not doing due diligence for you. They are all over the map. Revenues, equity, zero comp. Idk what revenues they have or size of the company??

Sorry, not trying to be rude.

Tagging a few more Searchfunders that might be able to comment on advisory boards: ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌. ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌, ^[redacted]‌ , ^[redacted]‌ (To our commenters, THANK YOU for helping to make Searchfunder a collaborative community. Be sure to take full advantage of our brand new integration with BVR Deal Stats now available under the VALUATIONS tab at the top of this screen. With Best Wishes, ^[redacted]‌)

Thanks Luke. Daniele if you’ll please ping me at [redacted] I’d be happy to share based on my experience.

Luke tags me from time to time and I usually sit back and watch as wiser folks than me provide better answers than I could, but I got excited about this one thinking, "Gosh, I'm on lots of boards, maybe I can contribute something useful!" Except... I've never worried about compensation. I do it because I know somebody there and they asked me to help, or the company itself is of interest to me, or there's potential for a strategic alliance down the road, or, or, or... In short, I'll echo Leigh and say "it varies", though I'm saying it for likely very different reasons. Not sure if that helps except to say that monetary compensation isn't the only thing to consider.

Also, one other thing, having "grown" through a few startups and whatnot, and that is to say the advisors you need now are not the advisors you will need down the road. Set some boundaries and times for re-evaluation (even termination) of the relationship.

Thank you Luke. Anand I will ping you. I appreciate your support

I have three outside investors who comprise our board. They get discounts on kayaks. I have informal advisors who get the benefit of my continued friendship ;) A "post-revenue fintech" company, that doesn't sound like a search fund deal. This may be the wrong place for the question.

As has been mentioned it is as wide and varied as the many different scenarios out there. Generally what I have seen are $.01 strike price warrants up to 1%- 5% of your company. Usually there is some kind of monthly or quarterly meeting, plus adhoc engagement, opening networks etc..

In the startup space I have heard of entrepreneurs not allowing advisors on the board unless they are putting up cash towards the startup. Otherwise there are plenty of people willing to get on your board of advisors that will only contribute time and knowledge and not capital. Some version of that thought process could serve you will in the EtA space as well. My $0.02. Hope this helps in some small way.

Michael, Anand, Luke. Thank you very much for your feedback and input. It validates the initial thinking I had in mind and will help framing the discussion with the management[redacted]% seems to be the benchmark with up to 5% ownership as additional input. I have seen 1-3% ownership reserved for executive (COO, CTO, CFOs).

For people irritated by my post I apologize. I thought this forum was for professional to share experience and help each other. Peace.