Lots of entrepreneurs don't want to be hassled by a board of directors early on. The entrepreneurs want to control the company, don't want to be responsible to a board, or don't want to waste time communicating with board members. This is a classic error of thinking about the early stage board incorrectly.
Tags: waste-time, control, thinking, time

Other Quotes by "Brad Feld"

I have several close friends who are insomniacs. Over the years, I've heard their stories about being up in the middle of the night, completely awake. I see them yawn at 11 A.M. and know that, regardless of what they are doing, they'd probably rather be in bed sleeping. I've always had sympathy for them, but I've never really understood it.
Tags: doing, sympathy, never, night
As a teenager, my dad taught me about the idea of unintended consequences, and I've had the experience, and how to deal with it, pounded into my soul over the years.
Tags: my-soul, soul, experience, me
While I'm a venture capitalist who invests in early-stage tech companies, I often feel like a professional emailer and conference call maker.
Tags: who, like, professional, feel
I have no idea what the economics of the movie business is, especially with all the new Amazon, Netflix, Showtime, AMC, SyFy, and HBO series. But I am intrigued with what feels like a new type of show - the six-to-eight-hour movie. It's a little too long to watch in one setting, but you can watch it over a three- to five-day period.
Tags: i-am, long, business, you
Some Sundays, I read it quickly - other Sundays, I savor it. I generally spend most of my time in 'The New York Times Book Review,' 'Sunday Business,' 'Sunday Review,' and 'The New York Times Magazine.' I turn all the other pages, only stopping when I find a headline that interests me.
Tags: new, time, business, me
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