🗣️ Are Board Observers a Good Idea for Startups?
Board observers can offer startups fresh perspectives, industry expertise, and valuable networks, potentially leading to sales and investment opportunities. However, their presence can also risk over-influence, confidentiality issues, and slower decision-making, making a streamlined, well-defined board structure essential for most startups. Something to think about in a mean time.
🙂Could adding board observers be the secret ingredient to a startup's success, or is it more trouble than it's worth?🙂
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Board observers can offer startups fresh perspectives, industry expertise, and valuable networks, potentially leading to sales and investment opportunities. However, their presence can also risk over-influence, confidentiality issues, and slower decision-making, making a streamlined, well-defined board structure essential for most startups. Something to think about in a mean time.
🙂Could adding board observers be the secret ingredient to a startup's success, or is it more trouble than it's worth?🙂
💬 Source
📌 Powered by V3V Ventures