Should You Give an Investor a Board Seat? Read This First.
R Philip • March 12, 2025
Board seat dilemmas
A pre-seed founder asked:
“An investor wants a board seat along with their check. Feels early. Thoughts?”
Here’s the breakdown:
✅ The Upside of a Experienced Board
• Strategic guidance from experienced investors.
• Potential intros, resources, and extra support.
• Can boost credibility, attracting more investors and partners.
Sounds great, right? Well…
❌ The Downside
• You could lose control of decisions, if the board votes against you.
• Boards can fire founders. Yes, really.
• Investors prioritize exits, not always your vision.
• Founders may sugarcoat bad news to avoid trouble.
🤔 My Advice?
• Think before you offer a board seat.
• Don’t trade it for a bigger check.
• Choose carefully—it’s hard to undo.