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Up against accelerators.

Added over 2 years ago | As appeared first on techcrunch.com | Author: Malay Gandhi
Editor's Note: Malay Gandhi serves as the managing director of the digital healthcare investment firm Rock Health, which recently announced its third seed fund. Startups should give up equity for only one of two reasons: work or cash. Startup employees and advisors work in exchange for equity (and salary) and they can be fired if they don't perform, shutting down their vesting. I'm an advocate of bringing on advisors with defined deliverables, earning somewhere around 100 basis points or less...
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