more-arw search

Q&A Forum

Types of Boards of Directors


"Is the approach and relationship different towards boards primarily consisting of investors such as venture-backed companies?"

This question was asked at a recent webinar, now available on-demand:

"The Role Finance Plays in the Boardroom"

Please add your thoughts about it below. Thanks!


Topic Expert
Blair Cook
Title: Partner
Company: Executive Finance
LinkedIn Profile
(Partner, Executive Finance) |

Every board I've been involved with has had a slightly different culture to it. Some of the turnaround companies I've been involved with, the Board is very active, sometimes stepping in assuming management responsibilities on a transitional basis. As management matures and regains credibility, the board can and should fall back into an oversight role.

Venture capital boards tend to be highly engaged. Given the start up nature of the business, the management team lacks maturity and part of the value add of venture capital is supplementing the expertise voids of the start-up. It also helps that the venture capitalist is usually a significant shareholder. The bigger the financial stake in the company, the more engaged the director tends to be. So you will tend to find directors in these types of companies much more engaged and playing an active role in the company's development.


Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email [email protected] to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.