Startup Boards: Reinventing the Board of Directors to Better Support the Entrepreneur By : Brad Feld
Book Excerpt :
An essential guide to understanding the dynamics of a startup's board of directorsLets face it, as founders and entrepreneurs, you have a lot on your plate--getting to your minimum viable product, developing customer interaction, hiring team members, and managing the accounts/books. Sooner or later, you have a board of directors, three to five (or even seven) Type A personalities who seek your attention and at times will tell you what to do. While you might be hesitant to form a board, establishing an objective outside group is essential for startups, especially to keep you on track, call you out when you flail, and in some cases, save you from yourself.In "Startup Boards," Brad Feld--a Boulder, Colorado-based entrepreneur turned-venture capitalist--shares his experience in this area by talking about the importance of having the right board members on your team and how to manage them well. Along the way, he shares valuable insights on various aspects of the board, including how they
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