4 ms·
It's valuable to have prestigious board members when fundraising, even if they're essentially powerless and have no experience in your industry, like a retired
by exhilaration 10y ago
It's valuable to have prestigious board members when fundraising, even if they're essentially powerless and have no experience in your industry, like a retired United States Marine Corps general [1]. It give you legitimacy and credibility.
[1] https://www.theranos.com/leadership/board-of-directors https://www.theranos.com/leadership/board-of-directors
- aswanson 10y agoWhy should an old military figure lend credibility to a biotechnology firm?