Has anyone done consulting work in exchange for equity? I have a client which floated the idea of performance based equity comp. Wondering if there's lessons learned or recommendations others could offer on structure if they've done similar.

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Yes. What stage company? What would your consulting services entail?

It's an established business. I'd do some restructuring, changing comp plans and incentives, standardizing processes, refocusing their product portfolio - scope in deliberation but generally everything you'd do a year or so prior to a sale to improve the multiple and maximize exit value.

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