When you start digging into the startup ecosystem and specifically in fund-raising and the negotiation with entrepreneurs, it is common to talk about Board Observers. Who are they exactly?
Find here a clear and simple definition of this role.
Why is this so relevant to investors? Tony Lettich gives us some concrete reasons based on the experience and approach of The Angel Roundtable.
But there is a lot of controversy on the topic and not everybody agrees on the positive impact. Mark Suster has a completely different opinion and gives some practical tips to entrepreneurs who are in the process of negotiating Board Observer roles.
Resources: Thompson Reuters – Practical Law, Launchopedia – FundingSage and Inc.
