The role of a board as a group is to provide governance for the company and accountability to the management team. The typical board member is a venture capitalist that had to win the deal in a competitive round, or was appointed by a founder. That’s a bad starting relationship for effectively executing those jobs.
Plus, it’s a hard thing to do. People without operating backgrounds (at least 50% of board members I’ve seen) would have no experience doing these things at any scale.
willcole /
npub1du6…yf3c
2023-11-21 15:19:38
in reply to nevent1q…auyh
Author Public Key
npub1du6sgl90wse0cz44fg50a4kg9ea4sgctlxps90ccx58lw8ssgv9qhjyf3cPublished at
2023-11-21 15:19:38Event JSON
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"pubkey": "6f35047caf7432fc0ab54a28fed6c82e7b58230bf98302bf18350ff71e10430a",
"created_at": 1700576378,
"kind": 1,
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"content": "The role of a board as a group is to provide governance for the company and accountability to the management team. The typical board member is a venture capitalist that had to win the deal in a competitive round, or was appointed by a founder. That’s a bad starting relationship for effectively executing those jobs. \n\nPlus, it’s a hard thing to do. People without operating backgrounds (at least 50% of board members I’ve seen) would have no experience doing these things at any scale.",
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}