The typical board size ranges somewhere between three and seven members, and should always have a good balance between founders, outside directors, and investors. Brad Feld says it doesn’t have to always be equal, but you want to make sure you have a balance around the table and plenty of different points of view.
THIS VIDEO CAN HELP ANSWER:
What’s the average size of a board?
What types of members make up a balanced board?
How do I handle compensation with board members?
How does my funding structure affect my need for a board?
Source:
YouTube
Discussion about this post