It has always surprised me that founders were so quick to fight over how many board members there were and so quick to agree to have as many board observers as people wanted.
I have always been vehemently against board observers and wrote some of the reasons in this previous post. But over the past couple of years I’ve slightly modified my views, which I’d like to explain:
The Case Against Board Observers Unless your company is really struggling or there is something very controversial going on at the company (i.e. removing the CEO, selling the company without consensus) then NOTHING ever comes up for a formal vote. Almost all decisions at private, startup, VC-backed tech companies is consensus driven.
To read the full, original article click on this link: Rethinking Board Observers – The Role of the “Silent Observer”
