Get a sneak peek into the exclusive and private world of today’s early stage startup boardrooms. The data points offer a unique glimpse into how CEOs are managing investor communication, navigating challenges within the boardroom and maximizing value from their directors.
Updates
Investors want monthly progress updates, but the majority of CEOs don’t send them so often
Challenges
Challenges in the boardroom are more common than we think, as CEOs struggle to manage difficult scenarios
Transparency
Trying to show that they have everything under control, the majority of founders are not fully transparent with their board
Asking for help
Startups are hesitant to ask for help, limiting investor value-add
are not very comfortable asking for help
Taking space
36% of founders report their investors took a step back when things got tough
When success is near, investors are keen to boast and be associated with the success of their investment. Yet, when times get tough, it seems that many investors jump ship, with over a third of startups reporting that board members became less involved when the company was facing challenging times. It is the role of the CEO to communicate challenges efficiently and keep investors engaged when difficult times arise, securing strong board support that helps navigate the company through the storm and to success.
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