Session Description

One of the things founders don’t spend enough time on is to understand boards – what they need, how to build one, and how to best utilize their board to help them build their business. Boards for emerging new ventures are quite different from public boards. This week during our Board governance workshop, we explored how boards work and how our entrepreneurs might build the right type of boards. Topics we explored include why we build boards; typical composition of a startup board versus a nonprofit board; board compensation; relationship building; managing board meetings and more.

Many thanks to Jim Baum who delivered a talk on the same topic in 2021 for the MIT Delta V Summer Accelerator.