Reminds me of Twitter's board where they have a small ownership stake (in % and $ terms).
I've seen a few non-profit boards in action and they're filled with a couple people who really care about the cause, and the rest really care about their egos and like the title of board member.
While this is likely the case for for-profit boards, but having skin in the game really matters for engagement and motivation. Try watching a sports game with money on the line and another without. The difference is huge.
I've seen a few non-profit boards in action and they're filled with a couple people who really care about the cause, and the rest really care about their egos and like the title of board member.
While this is likely the case for for-profit boards, but having skin in the game really matters for engagement and motivation. Try watching a sports game with money on the line and another without. The difference is huge.