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Steve Blank: Don’t Give Away Your Board Seats

• hobs 13y ago
  They went to business school and yet somehow met someone twice and wanted to give away the keys to the kingdom? Hmm...
  • ngoel36 13y ago
    The article doesn't specify _which_ business school they went to...doesn't necessarily mean they went to GSB haha.
    • hobs 13y ago
      That's fair, but I didn't go to any business school, just common sense school.
      • mikeash 13y ago
        That's a very selective school that few people are lucky enough to attend. It is not well named.
• NLPsajeeth 13y ago
  http://www.paulgraham.com/control.html http://www.paulgraham.com/control.html is a good follow up to read on this topic.
• bravura 13y ago
  As always, VentureHacks has great practical advice on the board: http://venturehacks.com/articles/one-way-control http://venturehacks.com/articles/one-way-control http://venturehacks.com/articles/board-structure http://venturehacks.com/articles/board-structure
  • mathattack 13y ago
    Great point - I was just reaching for it when I finished the article. One general note... Look how many recent news articles you can find when you search for the board firing founders on Google. https://www.google.com/#sclient=psy-ab&q=board+firing+founder+ceo&oq=board+firing+founder+ceo https://www.google.com/#sclient=psy-ab&q=board+firing+founde... It's not scientific, but it highlights that friendly relationships can go awry.
• gruseom 13y ago
  "In the last few years, it’s become more common for angel investors to ask for a board seat" Is that really the case? It contradicts what I've heard.