Building and Managing the Board

One of the essential building blocks for a company that lasts, and creates value, is having the right board. Unfortunately, it’s also one of the most underrated and often ignored aspects of building a startup, especially during the early stages. A good board, with the right mix of the founder(s), investors, founding team members, and an external director, can be a sounding board and questioning authority, both at the same time. In this chapter, we will learn from the experiences of SaaS founders about how they went about building a board that matters.