Board members get equity compensation that can equal that of a pretty good high-level engineer, oftentimes way more. But they are responsible for the financial

Board members get equity compensation that can equal that of a pretty good high-level engineer, oftentimes way more. But they are responsible for the financial performance of the company and are also legally responsible for the company. They can also be named in lawsuits personally for breaches of fiduciary responsibility. Although corporations explicitly exist to shelter these people from liability, it is not 100% and there is some degree of risk involved. But it's a nice job if you can get it. You get to put in 3-4 hours of work a month for some pretty nice dough.