Tuesday, February 28, 2006

Advisory Capital

Tom Evslin reports: "I created an entry in Wikipedia (see below) for advisory capital because I think the discussion following Stowe Boyd’s introduction of the term is interesting and that wikipedia provides a good place to agree on a definition and draw out the distinction between advisory capital and venture capital on one hand and advisor capitalists and advisory board members on the other. This is also a good place to record either existing examples of advisory capital and/or future development."

Advisory Capital is an investment of experience, expertise, social capital, and public authority into a company in return for some form of equity in the company. The first known use of the term is in a post by Stowe Boyd on February 20, 2006.


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