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Friday, August 23, 2024

7 questions founders should ask when choosing their first investor board member

It isn’t just about capital, this VC says; it’s about finding a partner who’s as invested in your success as you are.



I’m a VC and a common question I get from early stage founders is how to set up a board. Should it include all of the founders?  How large should it be at each round?  And in particular: Who should be the first investor to join?  Choosing the right first investor board member is crucial for the long-term success of your startup.


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