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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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Why AI Won't Be the Investment Opportunity Everyone Thinks It Is

This is going to be BIG.

The venture asset class seems to have already decided that AI is the next great investment opportunity, but I’m not so sure it’s going to disrupt business and create the across-the-board wealth that has been predicted. Google, on the other hand, was a digitally native business model, with no offline analog.

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BE 2.0: Focus on Responsibility, Not Tasks – The Mindset Shift That Changes Everything

Paul G. Silva

As I shared in a previous post , when I was president of Click Workspace, a startup coworking space, our board chairman delivered feedback that hit me hard: I wasn’t paying enough attention to our financials. Many founders would leave board meetings with lengthy to-do lists. What are the biggest risks to the company? The result?

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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Resistor is a bit under the radar as a very cool community—and so being associated with it was a signal that I could have only known about if, again, I spent all of my efforts as a seed investor turning over every rock looking for opportunity. This is exactly the wrong way to think about the economic opportunity presented by innovation.

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NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence

American Entrepreneurship

March 18, 2025) Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program. For more information, including additional eligibility requirements, click here.

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The Changing Venture Landscape

Both Sides of the Table

We have global opportunities from these trends but of course also big challenges. Pre-seed is just a narrower segment where you might raise $1–3 million on a SAFE note and not give out any board seats. We have to have strong conviction in the quality of the team and the opportunity and commit more quickly.

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Your board should protect you!

Berkonomics

All other board functions are secondary. Even venture capitalists who sit on boards where they have significant investments often forget this point. Actually, there are two legal duties of board members. Sometimes, there will be a conflict of interest between the people representing the various shareholder classes on a board.

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