Inside the
Boardroom Report

4) Inside the boardroom of startups

300+ CEOS & INVESTORS SHARE WHAT HAPPENS BEHIND THE CLOSED DOORS OF THE BOARDROOM 

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.

Sneak peek
of selected highlights

Updates

Investors want monthly progress updates, but the majority of CEOs don’t send them so often

  • 30% Send an update every month

Challenges

Challenges in the boardroom are more common than we think, as CEOs struggle to manage difficult scenarios

  • 28% Of startups had board veto a decision
  • 36% Of startups have difficult board members

Transparency

Trying to show that they have everything under control, the majority of founders are not fully transparent with their board

  • 61% Not fully transparent
  • 39% Fully transparent

Asking for help

Startups are hesitant to ask for help, limiting investor value-add

70% of Startups

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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