Board of Directors

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Home Startup Terms Glossary Board of Directors

What is a Board of Directors?

A board of directors, also called a board of shareholders or “the board,” is a group of individuals overseeing a startup’s fiduciary responsibilities. A startup board generally comprises founders, investors, and other individuals. The board composition is critical since they are a negotiating element when going after funding.

Board of Directors Examples

Board of directors positions for startups examples include:

  • Example 1. Chief executive officer (CEO)
  • Example 2. President
  • Example 3. Vice-President
  • Example 4. Treasurer
  • Example 5. Executive directors

Here is an article that goes further into the Board of Directors.

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