so it's a matter of board members have little to no domain expertise or operational experience?

It seems this is just another misallocation of capital resources.

thank you, I never understand the whole company board thing. This is helping to clarify it's purpose better.

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TBF it’s a tough job. But yeah, you want to bring on board members who believe in the vision and the mission of the company, but also know what a well run company looks like, and have the backbone to govern towards that.

outside of VC appointment, how do people even become board members?