In this second of two parts, we consider the details of preparing for and running that first board meeting—and the ones that follow.
As you grow your startup, you’re going to reach the point where you need to put together your first board. When working on your Series A, it’s going to be a key element of your term sheet.
As a startup scales, it will reach a point where the founders need to bring in a sales hire — they just can’t continue to do it all, nor should they.
You’re starting to make hires and spend some of the seed money you raised. At this point, you start wondering: Should I create an operating plan?
