See for a link to a useful Mark Suster post on board observers.See for a link to a story about Elon Musk and John Doerr.This junior partner will be less able to help you, and will effectively get trained by you and your other board members. However, if you do poorly, then the venture fund has someone less valuable they can swap in to save the senior partner’s time. This junior partner will probably start attending as a board observer 2 or just start showing up with the senior partner, who will say she wants to add “more bandwidth to your team from our firm.” If you do well as a company, this will indeed be the case. While you may start off with a senior partner, you may someday find a junior, wet-behind-the-ears, brand-spankin’- new VC as your board member. Elad discusses some key topics that entrepreneurs face from initial stages of a company to exit. This means that funds typically have the right to swap out the partner that sits on your company’s board. Remember, when a venture capitalist invests in your company it is the fund investing, not the individual partner. I would always take a lower valuation in order to work with a board member or VC partner I really like, rather than a higher valuation and a lesser board member. They may be brilliant strategists or operators, or alternatively just have a bunch of money that came bundled with a board role.

Interspersed with and informed by interviews with some of the biggest names in Silicon Valley including Reid Hoffman (LinkedIn), Marc Andreessen (Andreessen Horowitz), and Aaron Levie (Box), High Growth Handbook presents crystal-clear guidance for navigating the most complex challenges that confront leaders and operators in high-growth startups.Most of your board members will be VCs who invested in your company.

recruiting and managing an executive team.

In this definitive guide, Gil covers key topics, including: Angel investor Elad Gil, author of the 'High Growth Handbook,' discusses his startup strategy, IPO timing for tech firms, and building. Global technology executive, serial entrepreneur, and angel investor Elad Gil has worked with high-growth, tech companies like Airbnb, Twitter, Google, Stripe, and Square as they've grown from small companies to global enterprises.Īcross all of these breakout companies, a set of common patterns has evolved into a repeatable playbook that Gil has now codified in High Growth Handbook. 'If you want the chance to turn your startup into the next Google or Twitter, then read this trenchant guide from someone who played key roles in the growth of these companies.' -Reid Hoffman, co-founder of LinkedIn and New York Times #1 bestselling author High Growth Handbook is the playbook for growing your startup into a global brand.

High growth handbook by elad gil