Property management board equity?

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July 09, 2025

by an member in Corona, CA, USA

How do I structure board equity or advisory agreements to keep high-value directors engaged before I’ve closed my first deal?
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Reply by a searcher
from Strayer University in Charlotte, NC, USA
Great question, Bryan. In early-stage situations like this, I typically recommend advisory equity grants via a standard vesting schedule (e.g., 0.25%–1% over 1–2 years, often milestone-based). You can also use contingent equity agreements that activate post-close—this keeps alignment without giving away equity before assets are acquired. Let me know if you'd like to see a sample framework we’ve used with boards or advisors during pre-deal formation. Helpful Resources to Explore: 1. Founders’ Pie Calculator (by Frank Demmler) – Helps determine equity splits based on contribution before revenue: https://founders-pie-calculator.com 2. Carta’s Guide to Advisor Equity – A straightforward breakdown of equity compensation for advisors: https://carta.com/blog/advisor-equity-guide 3. Y Combinator SAFE for Advisors – Useful if you want to defer equity until post-deal: https://www.ycombinator.com/documents 4. "Slicing Pie" by Mike Moyer – A dynamic equity framework for pre-revenue situations: https://slicingpie.com 5. Board and Advisor Agreements Templates (Cooley GO or Clerky) – Templates that can be customized to your stage: https://www.cooleygo.com https://www.clerky.com Let me know of you have any other questions.
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Reply by a searcher
in Austin, TX, USA
search for Version 2 - FAST Agreement Founder / Advisor Standard Template (FAST). I have used it in the past and many startups use it https://fi.co/fast
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