Most early stage startups having monthly board meetings. I normally recommend 8 meetings per year. It makes no sense to meet in August or December due to travel schedules of most investors. You can do calls if need be. And I often recommend that board meetings be every 5 or 6 weeks rather than 4 to give enough elapsed time for stuff to actually happen between meetings. Quarterly is too few for an early stage business.
But that isn’t what this post is about. This post is about what happens BETWEEN board meetings. And most companies don’t do enough between board meetings. Doing nothing between board meetings to me is like running the “waterfall software development process.” We all know that modern software companies run on the “agile” development process by having short release cycles and frequent communications. Boards will thrive on this, too.
To read the full, original article click on this link: How To Communicate with your Investors between Board Meetings
Author: