Startup Terms Glossary
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.