Remuneration for Board members: yes or no, shares and/or cash? This is a common question when people consider joining a Startup Board.
Definitively, Board Members should be compensated Because successful companies have outstanding Boards of Directors. Compensation will depend on the stage of development of the company.
AngelBlog has done a survey on mid-stage companies that have reviewed their board compensation recently.
Along the same lines, Dave Parker presents some guidelines about Startup Board Compensation.
Different sectors may have different remunerations as well, as reflected on this PitchBook charts.
How should startup founders consider it? This article from AdvisoryBoard might be of some help.
Find some guidance to ensure that Boards are optimized on this study.
Resources: AngelBlog, Dave Parker, PitchBook and AdvisoryCloud.
