I am in a “spring cleaning” kind of mood. Instead of spring cleaning the wardrobe, I am spending time cleaning up the notes and going through some old notebooks and digging up notes and anecdotes for a little project I am working on. Here is an idea for a blog-post I jotted down but never got around to doing that.
A board member cannot be in competition with the start-up and/or its founders for attention. Because when that happens, it becomes all about the investors and not about the startup. And that is not good – either for the investor or the startup.
PS: I also wrote this post on GigaOM back in November 2010 about why I thought investors are not the story, if you think that adds more context.
4 thoughts on “Board members vs Startups”
Could you go on to state what is the role of a board member?
I can say it is not just one thing but a lot if things. Competing for attention with the company in media isn’t one of them.
Isn’t about the value proposition and the model’s success?
I am not sure what you are saying. Can you clarify?
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