Board of directors Quote by Brad Feld
“Lots of entrepreneurs don't want to be hassled by a board of directors early on. The entrepreneurs want to control the company, don't want to be responsible to a board, or don't want to waste time communicating with board members. This is a classic error of thinking about the early stage board incorrectly.”
About This Quote
Source Book: Venture Deals by Brad Feld and Jason Mendelson, 2011
Early founders often resist board oversight, fearing loss of control and time waste, but this mindset can hinder strategic guidance and governance.
In simple terms: Founders fear boards, losing control and time.
Key Takeaway
Embrace early board input for better governance.
Themes
entrepreneurship
governance
leadership
Mood
cautious
reflective
Type
advisory
strategic
When to use this quote
- startup formation
- seed funding
- early growth
- board meetings
Key Concepts
control
communication
strategic oversight
Questions to Reflect On
- How can founders balance control with board advice?
- What board structures support fast startups?
A Different Perspective
Boards can slow decision‑making if not aligned.
