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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” By spending more time educating your board on your business you get more valuable advice from them.

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Talk to Your Heroes: How I Built a Virtual Board That Enhances My Decision-Making

Paul G. Silva

Using ChatGPT, you can create a virtual board of advisors that brings the wisdom and perspectives of your chosen mentors to your fingertips. Why Create a Virtual Advisory Board? Before I walk you through how to set up your own virtual board, let me share how mine is helping my decision-making process.

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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. Many people extend this round and don’t get there for two years. I’ll make it simple.

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Why You Don’t Want to Give Financial Information to All of Your Investors

Both Sides of the Table

I have blogged about some of the downside consequences of the changes and the private information I have says the consequences are much worse than is reported in the press since few people publicly talk about. There’s another issue I can add to your list of things to be aware of – information rights. You betcha.

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How Boards Need to Evolve Over Time

Both Sides of the Table

I’ve written a few posts about boards recently as part of a series on the subject. I admit that I haven’t yet read it but I’ve had numerous discussions with Brad over the years about board structure & conduct and consider him a mentor on the topic. Offering a sparring-partner function on strategic decisions.

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How to Be a Good Board Member

Both Sides of the Table

I have been writing a series on how startup boards get selected, who sits on them and what to avoid. I started this series in part to help entrepreneurs but also to help newer investors because I’ve know with so many new companies you have so many new board members and many people are trying to figure out there respective roles.

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11 Quick Tips to Get More Value out of Your Board

Both Sides of the Table

Many board meetings are bored meetings. This is a shame since the value that the right board could add is immense if you select the right board members and manage them effectively. Yesterday I wrote a blog post about what the role of a board actually is. Some boards are highly functional, many are not.

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