Board Seat
Определение
A board seat is a voting position on a company’s board of directors, which governs major decisions like fundraising, executive hiring, and exits. Lead investors in priced rounds typically take one.
Как это возникает в процессе рейза
A standard post-Series A board is five seats: two founders, two investors, and one independent.
Часто задаваемые вопросы
Do seed investors get board seats?
Sometimes an observer seat (attends without voting); full seats usually start with the Series A lead.
Why do board seats matter to founders?
The board can approve or block financings, budgets, and sales of the company, and can replace the CEO. Composition is as important as valuation.
Связанные термины
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