Ask HN: Is this normal ask from a VC?
A lot of them seem to want advisory shares *on top* of their investment. This makes no sense to me. Aren't the shares provided for the money given enough? To me it seems like they want to get a "discount" by being given more shares. They seem to love using this as a negotiating tactic.
There are also some "syndicate" leads that seem to want advisory shares for just helping raise. Is this normal?
I only have experience in the bay area, and I've never heard of any thing like this. i.e. trying to double dip into advisory shares, and asking for shares just to connect to people. Has the market changed? Is this the new norm?