Aaron, in the case of your OH question, would you advise that the investor maybe just get some sweeter terms to incent their participation? It seems like their investment makes the investor want the company to succeed to get their return, justifying further time investment. (That’s a pretty common reason for angel investing in my experience - people who want to dabble with a startup but not commit their valuable time.) If the person wants to participate and add value, and if the money is that valuable to the startup, is a two-note strategy - one for the cash, another for an advisory commitment - a good idea?
Aaron, in the case of your OH question, would you advise that the investor maybe just get some sweeter terms to incent their participation? It seems like their investment makes the investor want the company to succeed to get their return, justifying further time investment. (That’s a pretty common reason for angel investing in my experience - people who want to dabble with a startup but not commit their valuable time.) If the person wants to participate and add value, and if the money is that valuable to the startup, is a two-note strategy - one for the cash, another for an advisory commitment - a good idea?