A step along the fundraising journey, & possibly the best investment of time, a startup can make early on is the composition of your board of directors. Outlined in a term sheet, assembling your board is a critical step. From problem solving & finances, to networking & hiring, a well-thought-out board can boost your experience & credibility - & more importantly, give you access to information that you otherwise would not have.
As they play a significant role in the success of your startup, how do you build a board & manage it effectively so it becomes an incredible source of value-add?
Our panel of startup board members will share lessons learned from their board seats - the good, the bad, the ones they joined, & the ones they passed. They'll discuss the key considerations founders should make prior to fundraising, & how if built correctly, your board can be just as much a factor in your startup's long-term success as your co-founders & your early employees.
What you'll learn:
Board of Directors vs. Advisory Board vs. Observers
Benefits & goals - including when to start a board
Equity compensation for board members
How to address the composition of your board in a term sheet
Structure, governance, meetings, voting
Networking & drinks to follow.
Doors Open + Happy Hour
Build & Leverage Your Startup's First Board Members
Networking + Drinks