Dick Costolo (aka Mr. Ask the Wizard) – the founder/CEO of FeedBurner (now a Googler) has another outstanding post up titled Early Stage Board of Directors.  In his delicious way, Dick talks through how he thinks about the potential composition of a Series A board and gives entrepreneurs some ammunition for their potential investors when […]

I have 57 unanswered questions in my “AsktheVC” folder.  There are 77 days left in 2007.  That’s less than one a day.  I should be able to get the folder to 0 by the end of 2007.  Nothing like a little goal.  Of course, that assumes no new questions which you – fair reader – […]

Q: We are in the process of raising early financing. Should the board be built after money is raised to meet the needs of the company and investors or should the board be used as a method to recruit angel investors? A: (Brad) I view the creation of a board and the raising of an […]

We continue our board package series with perhaps the most important section of any meeting and package: the CEO executive summary.  Again, Chris takes us through his thoughts. In my humble opinion, this section of a board package is really where the rubber meets the road. Think of this section as part state of the […]

Question: Under what conditions would it make sense for a pre-seed stage CEO to give a board seat to his co-founder CTO/VP Engineering? What might be the positives/negatives? Especially if the CTO/VPE has more experience with dealing with VCs than the CEO? If you think your co-founder would make a good fellow director, then put […]

Pascal Levensohn has been the ringleader of a group of 22 Venture Capitalists who have just released a white paper titled “A Simple Guide to the Basic Responsibilities of VC-Backed Company Directors”  The white paper can be downloaded here. Since its release last week there has been some commentary on this project which Pascal has […]