What, beyond simple legal necessity, is the real purpose of a Board in NewCos through to pre-IPO Companies? How do you do it well? How and why is it done badly? In what way do successful serial entrepreneurs approach the Board dramatically differently from inexperienced first-time Founders?
These questions and many more are answered in The Realpolitik of the Unlisted Company Board based on conversations with 80 experienced UK SmallCo Board members – Founders, CEOs, Chairmen, SmallCo and BigCo NEDs, Angels and VCs – whose Board experience ranged from relatively little to, in some cases, over half a century. Interviewees’ combined experience of Boards amounted to thousands of man-years.
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