I feel a bit foolish for asking, but what exactly do board members do?
Does each board member have one vote? I assume events (key hires, acquisitions, investments) are brought to the board for a vote, and need to pass with a majority. Is there ever a case where a single-founder could have multiple board seats? Do board members vote on product/marketing decisions?
Does each board member have one vote? I assume events (key hires, acquisitions, investments) are brought to the board for a vote, and need to pass with a majority. Is there ever a case where a single-founder could have multiple board seats? Do board members vote on product/marketing decisions?