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Most founders and CEOs will not voluntarily establish a formal Board of Directors, unless they are trying to attract a major investor, preparing for an IPO, or planning for an acquisition. It’s a resource that you can’t afford to ignore if you intend to stay competitive today. How much are you willing to spend on your board?
Most founders and CEOs will not voluntarily establish a formal Board of Directors, unless they are trying to attract a major investor, preparing for an IPO, or planning for an acquisition. It’s a resource that you can’t afford to ignore if you intend to stay competitive today. How much are you willing to spend on your board?
Most founders and CEOs will not voluntarily establish a formal Board of Directors, unless they are trying to attract a major investor, preparing for an IPO, or planning for an acquisition. It’s a resource that you can’t afford to ignore if you intend to stay competitive today. How much are you willing to spend on your board?
The reference may be well-intentioned, but the lawyer’s allegiance may be divided between the investor and you. Such a lawyer will not go out of their way to screw you, but when crafting the investor documents and in future investor-related issues, your lawyer’s allegiance must be to your company. but They Make Great Guard Dogs.
However, in the world of startups, relationships that go beyond a casual acquaintance can provide your adVenture with a significant competitive advantage. Each party’s first allegiance is to their organization. At large companies, such behavior is often discouraged and in many organizations, it is even considered unprofessional.
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