Lease
Example · Board of 3Should I sign a 5-year office lease at this stage or sublet flexibly?
Chief of staff
This one needs a board: The CFO, The Operator and The Strategist. The CFO pressure-tests unit economics, runway, and capital allocation. Each researches alone first, then they react to one another — and on a decision, two of them take opposed sides.
The CFOFinancial Controller
The OperatorCOO
The StrategistCompetitive Expert

Asked first
Is the money for this already in the bank, or still promised?
In the bankPromisedNot yet
The board’s call
Do not sign the 5-year lease.
3-year leases with extensions match growth uncertainty better than 5-year locks. Sublease rights are the most-underweighted clause in early-stage office leases.

The Strategist disagreed
“TI allowances frequently come with strings — read the recapture clauses”
Board of 3 · up to 135 credits on the card · an example, not a recorded run

