Startup Funding Espresso – Signs of a Toxic Board [Video]

Signs of a Toxic Board

Hello, this is Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

Just as employees can be toxic to the company, so can the board.

Here’s a list of signs that your board may be toxic:

The board breaks their non-disclosure agreements and discusses confidential information with outsiders.

The board members put their own agenda above that of the company.

The board meets and performs chaotically without clear order.

The board disrespects the CEO or other board members. This often occurs when new members join the board.

The board is contentious and each meeting is a heated exchange.

Board members have clandestine meetings with one another to discuss the issues.

The board loses trust with the CEO and other executives of the company.

The board is dominated by one or two personalities who influence the board for their own agenda.

The board is apathetic and rubbers stamp whatever proposal is on the table.

Look for these signs your board is toxic and take steps to rectify the situation.

Make sure the board is aligned with the company’s mission and vision.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today.

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