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Wilson Sonsini Goodrich & Rosati  is the premier legal advisor to technology and growth enterprises worldwide, as well as the investment banks and venture capital firms that finance them. Over the past four decades, Wilson Sonsini Goodrich & Rosati has established its reputation by having an unmatched knowledge of its clients' industries and deep and long-standing contacts throughout the technology sector. 

Silicon Valley Bank  The Corporate Venture team at Silicon Valley Bank works closely with the most well-known corporations and corporate venture capital groups to provide best-in-class access to the venture capital community and startup markets. At the center of the innovation economy, SVB’s corporate relationship management intersects with all areas of the bank and allows the Corporate Venture team to provide clients with a wide range of services such as deal sourcing, syndicated investments, access to quality startups and corporate executives, and unique insight and market analytics.

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Founder Institute Releases Standard Advisor Agreement

Posted by Jonathan Greechan on 2011-09-22

One of the biggest problems that Founder Institute companies and our 600+ Mentors have is forming an advisor agreement. We have gotten literally hundreds of advisor agreements to review - and every one is different. We see letter agreements, employment agreements, option agreements and everything imaginable to set-up a framework around a simple desire for Mentors to lend a hand, and for startups to get help. 

Today we’re publicly releasing a standard advisor template agreement, named “FAST” (Founder/ Advisor Standard Template), which outlines standard terms and allows an advisor agreement to be set by simply checking a few boxes and signing the dotted line. The goal is to encourage more collaboration between experienced and new Founders, both inside the Founder Institute and out.

See the template here, and read the full article on TechCrunch here. We're asking for everyone's feedback before we finalize the agreement later this month.

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