In a recent podcast episode, Jack Altman advised early-stage founders to select board members carefully, emphasizing their critical role in high-stakes decisions and the long-term impact on the company. He noted that board members often remain involved longer than many employees, making it vital to choose individuals who align with the founder's vision and values. Altman highlighted the difference in importance between selecting investors early on versus board members, stressing the need for good relationships as companies grow and enter board governance.
You're really picking somebody who's going to be with you as a throughline through the company. It's hard to see it when it happens because you're just in a frenzied round.
It turns out that what you're picking is somebody who's going to be there with you longer than most of your employees. You're going to talk to them about stuff that you're not going to talk to your employees about because you can't.
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