Summary of Brad Feld, Matt Blumberg & Mahendra Ramsinghani's Startup Boards

Please note: This is a companion version & not the original book. Book Preview:

#1 The fourth book in the series is Startup Boards. It has been a challenging book to write, as both of us worked hard to cover a lot of territory without putting ourselves to sleep.

#2 A boardroom is often used to describe the atmosphere and format of important meetings, but in reality, a startup board is usually a small group of people trying to help build your company.

#3 The challenges of raising the first round of capital are well documented. Once this first round of capital is raised, new challenges arise. Investors, driven by the desire for a substantial financial return, seek milestones, demonstrable progress, new rounds of financing at higher prices, or even quick exits.

#4 The most common mistake startups make is not having a board at all. Founders who are overconfident or choose to avoid conflict often miss an opportunity to bring in fresh perspective and structure decisions from appropriate individuals.

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