This opens up the online boardroom, which is a secure room for document storage, discussions, and online video meetings. The service is pretty simple and straightforward. Its easy for companies to brows advisors by expertise, and advisors can see a list of pitches by companies to see if their knowledge would be useful.
Tuomo Virkkunen provides this update to our earlier report of 160 advisors on the site, which did not take into account the users with private profiles: “We actually now have almost 200 advisors. As an advisor, you can hide your profile and thus not all are visible in the service. As a hidden advisor you can still apply to open board positions but naturally you can not be invited to existing boards.” Currently Abbonet has almost 20 registered companies who are interested in getting an advisory board for their company.