Startup Boards: Getting the Most Out of Your Board of Directors - cover

Startup Boards

Getting the Most Out of Your Board of Directors

By Brad Feld, Mahendra Ramsinghani

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About the book

Venture capitalist Brad Feld of Boulder, Colorado, and seed investor Mahendra Ramsinghani explain how a startup's board of directors works and how founders can manage it well. They argue that an objective outside group helps keep a company on track, supports it in reaching milestones and holds founders accountable. On choosing members, the authors advise interviewing many candidates, checking references and turning down anyone who is the wrong fit. They also cover running strong meetings, mixing business time with social time, and serving on another organization's board to see the other side. It is written for founders, who sooner or later face a board of three to five members, sometimes seven, all Type A personalities.

AOL co-founder Steve Case praised it as a guide to building an effective board and using it well, and Eric Ries endorsed its use of Lean Startup methods for running a board. TechStars chief executive David Cohen praised Feld's less-is-more approach to board meetings.

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This book has 4 recommendations

Eric Ries (Founder/Long-Term Stock Exchange)

In addition to walking you through, in great detail, how a board functions, Brad has adopted many of the Lean Startup approaches to building, operating, and managing your board in a way that resembles continuous deployments. Any practitioner of Lean Startup would do well to use this approach to building their board.

Steve Case (CEO/Revolution, Co-founder/AOL)

I've had the opportunity to serve on a range of boards for companies at various stages in their lifecycle—so I know firsthand that building an effective board, and leveraging it wisely, is both a challenge and an opportunity. This new Brad Feld book will help you get it right.

David Cohen (CEO/TechStars)

I've been fortunate enough to sit on a few startup boards with Brad. His 'less is more' approach to board meetings keeps the process efficient and focused on strategy. If you have any role on a board of directors, stop messing with PowerPoint and read this book right now. I guarantee that you'll get far more satisfaction from your future interactions.

Jason Mendelson (Managing Director/Foundry Group)

While board meetings should be helpful to entrepreneurs, many find them to be worthless and tedious. This book creates a framework for developing a high-functioning board that is a real asset to a company's success.

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Eric Ries, Steve Case, David Cohen, Jason Mendelson

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