• Venture Capital

    How to fill board seats with more than just warm bodies

    Board_Room.jpgHere are VC blogger and self-described "professional board member" Fred Wilson's "Thoughts On Choosing Board Members." But take his advice with a shaker of Morton's, founders. VC-selected board members will put you on the street.

    • Avoid "big names."
    • Select people who will attend and pay attention
    • Select people who understand your challenges and opportunities
    • Avoid someone you can control.
    • Don't let conflicts get in the way.
    • Have an experienced accountant/auditor
    • Have at least two or three CEOs
    • Select people who have the time
    • Select people who are friendly
    • Look for great judgment and ethics.

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