Can the presence of well-known advisors affect the project's credibility and investor confidence?

  • Well-known advisors can lend credibility and attract attention to the project. Their endorsement and involvement can increase investor confidence and public interest.
  • However, it's important to assess the depth of their involvement. Superficial advisory roles without active engagement may not contribute significantly to the project's success.

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How can I research the historical success and failures of the team and advisors in previous ventures?