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Building Your Board
Video

Building Your Board

Y Combinator, 2017

automatisch generiertes Audio
automatisch generiertes Audio

Editorial Rating

8

Qualities

  • Applicable
  • Well Structured
  • Overview

Recommendation

A board of directors can serve a much more important function than merely approving a company’s budgets or rubber-stamping a CEO’s agenda. In fact, a board, if well-managed, can serve as an invaluable source of expertise and advice. In an entertaining, informative presentation, Glenn Kelman, the charismatic CEO of real estate brokerage Redfin, shares his personal experiences of building a board. Although he casually name-drops and uses occasional salty language, and his examples are anecdotal and specific to Redfin, his advice is universally applicable. getAbstract recommends this video to start-up founders who strive to assemble strong boards.

Take-Aways

  • The CEO of a fledgling company must build a board of directors wisely and invest much time and energy into appointing new members.
  • Recruit board members who not only have the right kind of expertise but also share your passion for the business.
  • Maintain regular contact with your board members to create strong rapport, and seek their advice frequently.

About the Speaker

Glenn Kelman is the CEO of Redfin, a web-based residential real estate company.


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