Team & Culture
Advisor
Definition
An experienced person who provides guidance to founders, typically in exchange for a small equity stake (0.1-1%).
Related terms in Team & Culture
All 100 terms →Equity Split
How ownership is divided among co-founders. Equal splits are simple but may not reflect contributions. Discuss this early—it only gets harder.
Culture
The shared values, behaviors, and practices that define how your team works together. It's what happens when the founders aren't in the room.
Remote-First
A company structure where remote work is the default. Remote-first companies design processes around distributed teams.