The key role of the Board of Directors

Being a board member is an assignment that requires specific skills and experiences. It’s not just about having management skills. It’s about understanding the duties and liabilities that this role requires. It’s about creating the right dynamic and managing potential conflicts of interest of investors and founders. It’s about creating value and contributing to the success of the company.  

Startup founders spend a lot of time negotiating the value of their company when they should dedicate the same amount of time to discussing the board matters and construction of this body.

If you better understand the role of your board, you will be able to build the right one, helping you to achieve a successful entrepreneurial journey.