Who’s advising your startup? Insights on the value and significance of having strategic advisors early on

by Zach Robins

Doug Ramler Gray Plant MootyDoug Ramler is a principal at the Minneapolis-based law firm of Gray Plant Mooty where he represents start-up and emerging companies in organizational, finance, governance, SEC compliance, and contractual matters. He is a co-chair of the firm’s Entrepreneurial Services team.

Mr. Ramler represents multiple Minnesota (and beyond) technology startup companies including distributed commerce network Alvenda, Inc, which raised $5 million in venture capital in January, 2010 and Sajan, Inc, a cloud-based translation management software company, which completed a reverse merger in March, 2010.   Gray Plant Mooty is also a TECHdotMN community sponsor.

I spoke to Doug about the importance of advisory boards for startup companies.  What follows are excerpts from our interview.