You Can’t Fire a VC From Your Board: Here’s Why | Wilson Sonsini Startup Legal Basics

Can a founder actually fire a board member? Short answer: almost never. And the reason why may surprise a lot of founders.

On this edition of Legal Basics, Wilson Sonsini partner Becki DeGraw joins Jason for a deep dive into who really controls your board, when investors start earning seats, and the differences between a board member and a board observer. Check out an episode that might just save your cab table someday.

PLUS they walk through the full lifecycle of your startup’s board, exploring what it actually controls, when founders should start adding their own board members, the ownership threshold that means investors will start asking for seats, and how boards evolve from seed rounds to Series B