What is an advisory shares?

Advisory shares are an advantageous equity arrangement between start-ups and business experts. Rather than give up capital, new companies entice advisors to offer guidance while incentivizing them to help it grow over time per a pre-determined vesting schedule.

What is meant by advisory shares on Shark Tank?

Advisory shares are a safe option, merely granting advisors the right to purchase equity rather than being given the actual shares. This helps to avoid any foreseeable conflict of interest.