BoD vs. Shareholder ⚖️ Startup Corporate Governance

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BoD vs. Shareholder ⚖️ Startup Corporate Governance
Who decides what between the board and shareholders?
How to handle BoD and Shareholder meetings as a founder.

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In this episode, I explain the board of directors and shareholders roles and responsibilities.
Some votes require both groups to approve. Others are specific to the BoD or shareholders.
Running shareholder and board meetings as a startup is easier than you think.
Having those meetings is essential, even if you are the only participant!

0:00 Start
1:15 Minutes (or it didn’t happen)
2:28 The Meetings
4:30 Written Consent
5:20 BoD vs Shareholders
6:58 Shareholders
8:15 Board of Directors
10:29 CEO

Lance Cottrell has been an active startup advisor and startup mentor for over a decade.
He has helped countless startups navigate the key decisions of their journey, like when to take venture capital investment and negotiating term sheets.
He works with many companies in accelerators like Y Combinator and Founder Institute.
He provides help with startup funding including raising venture capital and angel investment.
He can help you achieve liquidity for your company at a high valuation.
Feel the Boot is a startup vlog of tips and advice for early-stage founders.