I don't charge hourly fees. I work for equity or options—which means I'm genuinely invested in your success.
For founders who want to formalize the relationship, I typically use the FAST Agreement (Founder/Advisor Standard Template) from the Founder Institute. It's a simple, founder-friendly framework that both parties can understand in minutes.
What the FAST Agreement covers
- Equity compensation based on company stage and engagement level
- Vesting schedule (typically 2 years with no cliff)
- Clear expectations for both sides
- Standard terms that protect everyone
The FAST Agreement has sensible defaults, but everything is open to negotiation. Every startup is different, and I'm flexible on the specifics.
Why equity instead of cash?
Simple: it aligns incentives. If I'm only valuable when you succeed, I'll work harder to make sure you do. It also means early-stage startups can access experienced advice without burning runway.
If you're curious about how this works in practice, just ask. I'm happy to walk through it.