Career Cartographers’ Post

#StartupDilemma #InvestorRelations #PreSeedFunding Hey everyone! 🙌 We’re nearing the finish line on our pre-seed investment round, and I’ve got a bit of a pickle on my hands. We have two VCs on board right now: VC A, who’s throwing in $200K, and VC B, coming in with $150K. Here’s where things get tricky: both investors want a seat on our board. From what I’ve gathered, it’s usually wise to keep investor board seats to a minimum in the early days. After all, having too many cooks in the kitchen can lead to losing control over those all-important strategic decisions. A common best practice is to give one investor board seat per funding round. We thought we had a good middle ground figured out—suggesting that VC A, as the lead, would get a board seat while VC B would simply observe. However, VC B is pretty insistent that they also need a full seat. 🤔 Now, I personally feel giving VC B a board seat might not be the end of the world. They have a great reputation and could bring valuable ... Should We Give Two Board Seats to VCs in Our Pre-Seed Round? Answers:  https://lnkd.in/gBF3UW2j Let's Connect! Have you faced similar challenges? Share your insights and exper...

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