2 ms·
Depending on the size of the investment, they may get a board seat. Many startup boards have ~7 board members including the CEO and usually a founder if those t
by mikeyouse 10y ago
Depending on the size of the investment, they may get a board seat. Many startup boards have ~7 board members including the CEO and usually a founder if those two roles aren't the same person. The board basically sets executive compensation and votes on major decisions so a bad actor would have a very hard time messing with a company. The most damage they could cause would likely be sharing the confidential strategy and financial information that they would have access to.