Questions

I have an early stage startup out in SF. I was wondering how organizations typically work with their boards. How involved are these individuals?

Generally speaking for early-stage companies with less than $1m in total funding, boards function on a very bare bones basis. They would convene *at most* 4 times a year (and 4 would be atypical) to pass resolutions that require board approval.

I believe you were the same person who asked about recruiting board members. If you have questions that remain upon reviewing my two answers, happy to do a quick call to provide you further clarity.


Answered 10 years ago

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