Navigating Board Dynamics in Startups

This chapter explores the critical aspects of forming and managing a board of directors for startups, focusing on the importance of independent members and the strategic timing of board assembly. It discusses the roles and responsibilities of board members versus advisors, the influence of investor pressure on company decisions, and the delicate balance of control founders must maintain during financing. Additionally, it offers insights into the complexities of board relationships, emphasizing effective communication and trust between founders and board members.