
A director elected to oversee the company on behalf of shareholders, with legal duties to the company itself.
A board member sits on the board of directors, the body that governs the company on behalf of its shareholders. Directors carry legal duties — principally care and loyalty — owed to the company rather than to whoever appointed them.
In venture-backed companies, board seats are typically held by founders, investor representatives, and independent directors, with composition negotiated at each financing.
Global Capital Network connects founders with the operators, advisors, and investors who fill these seats.
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