Board of Directors
Example · Board of 3How should I frame the runway question for the board next week?
Chief of staff
This one needs a board: The CEO, The CFO and The Investor. The CEO holds the through-line on company strategy and stakeholder trade-offs. Each researches alone first, then they react to one another — and on a decision, two of them take opposed sides.
The CEOChief Executive Officer
The CFOFinancial Controller
The InvestorVC Partner

Asked first
If you could do only one thing this quarter, is this it?
YesOne of twoProbably not
The board’s call
Bring the runway question to the board with a 2-option frame: 12-month bridge round at flat valuation or 18-month cost-out plan that defers the round.
A 2-option frame respects board governance; a single-option pitch invites pushback. The bridge protects optionality on the next round timing.

The Investor disagreed
“Existing-investor bridge can suppress next-round valuation — model the dilution carefully”
Board of 3 · up to 135 credits on the card · an example, not a recorded run









