Hardware Podcasts

#344: Becoming an Advisor to a Medical Device Company

Global Medical Device Podcast · 16 Nov 2023 · 1h 09m · Episode 344

What this episode covers

Devon Campbell, founder of Product, explains the nuances of advising early-stage medical device startups, distinguishing advisory roles from consulting and outlining strategies for compensation, equity vesting, and contract terms. He emphasizes the importance of due diligence, checking employment contracts for conflicts of interest, and building diverse advisory boards to provide multifaceted guidance. Campbell also discusses red flags for startups seeking advisors, such as ego-driven motivations or 'stacking the deck,' and advises on maintaining healthy, challenging relationships and handling clean breakups.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Greenlight Guru, Product, MassChallenge, Atlassian
Products
Jira, Confluence

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