Panel – Board Advisors: A Reality or Illusion of Value in Japan's Startup Ecosystem?

As Japan experiences a startup revival fueled by government initiatives and increasing investments, the role of Board Advisors has become ever more critical. While many startups rely on advisors from venture capital firms, the reality is that these individuals often lack direct operational experience within startups, leading to questions about their true value. In a country where the government aims to create 100 unicorns by 2027, understanding the effectiveness of board advisors is crucial. 
  
Data shows that investments in Japanese startups reached $5.4 billion in 2023, yet challenges remain, including a predominance of corporate-affiliated venture capital that may not align with startup needs.  
  
This panel will explore whether board advisors genuinely contribute to startup success or if they simply add another layer of complexity. The discussion aims to provoke thought on the real impact of board advisors in Japan's evolving startup landscape, encouraging entrepreneurs and investors to rethink their approaches to advisory roles.