article thumbnail

The Pre-Board Board: How to Create Accountability Before You Give Away a Board Seat

This is going to be BIG.

Typically, investors don’t take a board seat until you raise your first equity round—which means that it could be *years* before you have a real board meeting: A year of nights/weekends work researching, prototyping, and fundraising. First off, many founders don't really feel the need to have external accountability.

board 295
article thumbnail

Celebrating Angie Singer Keating’s Appointment as Board President of Ben Franklin Technology Partners

Ben Franklin Technology Partners

Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) is pleased to announce the appointment of Angie Singer Keating to its Board of Directors as President. Angie Singer Keating is the Co-Founder and CEO of Reclamere, a leading provider of cybersecurity and IT asset management solutions.

board 106
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Board Diversity

A VC: Musings of a VC in NYC

The board diversity problem is a symptom of a much broader problem around lack of diversity in founders that get funded and lack of diversity in VC firms. Most startup boards are made up of a few founders and a few VCs. No wonder you have no diversity on the board. Boards don’t need three or four VCs on them.

board 241
article thumbnail

TELO announces strategic funding round, TESLA co-founder joins Board

American Entrepreneurship

Tesla co-founder joins TELO board timely guiding the company through its next development stage EV manufacturer TELO gained significant support for its innovative mini-truck via a $5.4 The post TELO announces strategic funding round, TESLA co-founder joins Board appeared first on American Entrepreneurship Today®.

board 52
article thumbnail

Twitter co-founder Biz Stone joins board of audiovisual startup Chroma

TechCrunch

Chroma , a startup working to build a new type of audiovisual entertainment specifically for mobile devices, is now adding a Twitter co-founder to its board. As a board member, Stone expects to be meeting with the startup several times per month, in addition to the actual board meetings. million in seed funding (5.1

board 110
article thumbnail

Founder Led Companies

A VC: Musings of a VC in NYC

I remember about fifteen years ago, a well-known VC said to me “you need to sell a company within a few years of the founder leaving. Companies can’t sustain their innovation after a founder leaves.” I have seen leadership teams take over great businesses from founders and get them to the next level.

founder 267
article thumbnail

Vinod Khosla’s advice for top VCs? Don’t sit on your founders’ boards

TechCrunch

Serial entrepreneur and seasoned investor Vinod Khosla has some strong, contrarian advice for the venture capital industry: don’t sit on your foundersboards. Other VCs accuse us of being very active and very engaged — but the flip side of it is they vote on boards. We don’t — no matter how important an issue.”

board 100