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On the number of directors, please keep in mind that this is at the time the angels have invested, so the company is reasonably far along. You must have an even
by basilpeters 18y ago
On the number of directors, please keep in mind that this is at the time the angels have invested, so the company is reasonably far along. You must have an even number, so the choices are 3 or 5. Three is workable, but does not provide much diversity. If you can recruit good directors, five provides much better opportunty for CEO mentoring. Basil from www.AngelBlog.net