Early on you don't need a board. At Series A you probably need to give one seat to the investor. You can have all kinds of mentors and advisors who don't need

Early on you don't need a board. At Series A you probably need to give one seat to the investor. You can have all kinds of mentors and advisors who don't need to be part of the board. You don't necessarily need advisors either. If you want to someone to help you with the company, it's best to hire them or ask them to become investors and that way receive the equity. Equity is very valuable so you shouldn't be giving it out. People should earn it or pay for it. If you must really get someone then consider very small amounts, like <1%.