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My landlord refuses to give all of the keys to me. He insists that he should keep one for himself. What should I do?

What does your lease say? You do have a written agreement, right? Check the agreement to see what sort of inspection rights the landlord has given themselves. Many lease agreements say the landlord has the right to enter the unit for inspections with some period of notice, and for emergencies with no notice.Next, check your State's laws regarding tenant's rights. In many cases, landlords use lease templates found online or are self-written that do not comply with local law. Sometimes this is intentional and sometimes just ignorance. Either way, they may give themselves more rights than are legal.If your lease has the entry clauses, and they comply with local laws, then you're stuck. If the lease doesn't have that clause, but the law allows it, you're still probably stuck. If the lease has it and the law doesn't allow his entry, then you may be able to do something about it, but the question becomes "is it worth it?". It may be easier to move rather than stay in a housing situation where you feel uncomfortable. You may wish to consult an attorney.If your lease doesn't say anything about inspections or emergencies, then you could always change the locks, but again, check your lease. It may not allow alterations.You can install a simple video camera to watch your property while you're out or asleep. If your landlord is entering without notice, you can take action. You have an expectation of "quiet title and enjoyment" so long as you're complying with the terms and conditions of the lease. He can't come in randomly. If he does, you can report to the police. Video evidence will help. Cameras are very inexpensive and unobtrusive these days.But again, if your situation is uncomfortable, I would suggest moving as soon as feasible.As always, this is not legal advice, consult an attorney in your area for assistance.

What happens at the end of Birdman? How do we interpret this?

"In order to fully understand the end of Birdman, we must first understand that there are various thematic/structural layers in the film that unfold simultaneously. These layers are listed below:Ovid's tale of Icarus and DaedalusThe psychological/metaphorical interpretationThe literal interpretation.James Joyce's idea of Aesthetic Arrest.The opening quote from Carver's short story:​​​​​​​​This states Riggan's primary desires:To be loved (especially by daughter Sam)To be appreciated and validated as an authentic artist.His existential quest for meaning, truth and self-realization.His desire to see and feel that which is beautiful/sublime.​​​​​​​During the opening credits we see a comet falling and quick shot at the sea shore with flying seagulls and jellyfish lying dead on the sand.Literal Layer: Riggan's memory of his attempted suicide.Mythological Layer: The comet and beached jellyfish represent the fall and death of Icarus.​What's the meaning of a flower?Flowers have several symbolic meanings which represent:Sam, his daughterBeauty/ArtObjects in the existential senseLoveMetaphorical Layer : Sam's character is linked to the image of flowers by a kind of Wagnerian visual leitmotif.In the opening scene she's immediately linked to flowers. Sam enters the scene at the flower shop. And as a woman she represents the female principle of the earth from which all life grows.​​​​​​​Love: As she's trying to find flowers that will satisfy her father's request, she exclaims, " I fucking hate this job!" Sam also "hates" Riggan, to some extent. This immediately sets up the conflict with her father.​​​​​​​During the final performance of the play, Riggan plans to committ suicide. We see him both crying and laughing as he enters the stage. His tears are genuine, because he's not acting. Riggan unexpectedly laughs as his tears flow, because he sees just how fake the play is in comparison to his authentic emotions. He's laughing at he artificial ediface of his own play.For the first time in a performance, he doesn't seem to care very much about the play. He has a moment of insight. Riggan doesnt bother to punch Shiner. In a mocking gesture to the play itself, he points the gun at the audience.​​​​​​​​​​​​​​After he shoots himself the New York Times critic immediately leaves during tremendous applause, unaware that he actually shot himself. She learns this well after the fact.Then the film moves to the only slow motion shot in the film, a dreamlike nonsensical sequence. In emergency situtions, we sometimes have the feeling of time slowing down. The images are random bits of memory stemming from his unconscious.Metaphorical Layer: A glimpse of his unconscious mind at work while he lies bleeding on the stage.In my opinion, he does not die on stage. He survives the suicide attempt and I will explain this later. It's related to my initial observations at the beginning.After the suicide attempt on stage, we find Riggan lying in a hospital bed with with bandages on his face.In the final scene all of the major conflicts in the film are resolved:His relationship with his daughter, Sam, is healed. He finds the love he always wanted.The conflicts with his wife and his lawyer are also resolved.The New York Times critic praised his art.He becomes a true artist.He is transformed, free from the voice in the head.He regains his senses to apprehend beauty.He has found meaning in a previously meaningless existence.​​​​​​​Riggan's daughter brings him some flowers, but he laughs because he can't smell them.​​​​​​​This echoes the scene in Carver's​ play where Riggan's character in the play talks about the man in a body cast, who can't see his wife.​​​​​​​Next Sam leaves the room to fetch a vase for the flowers, and Riggan gets up and walks up to the bathroom mirror.​​​​​​​The bandages symbolize Birdman's mask.​​​​​​​He takes off the bandages (mask) and then for he sees Birdman sitting on the toilet. This is the first and only time that Birdman remains silent in the entire film.​​​​​​​This, like the comet, symbolizes the fall and death of Icarus (Birdman).As he moves into the other room, Riggan faintly says: "Goodbye. Fuck you." He's saying goodbye to the egotistical and prideful voice in his head.Riggan slowly heads toward the window. He feels free. There's the sense of authentic psychological release or freedom.​​​​​​​For the first time in the film, his mind quiets down as his senses wake.He smells the air and feels the breeze upon his skin. His gaze then is moved upward to the beautiful sight and sound of a flock of birds flying above. For the first time he can see like a child again, innocently. He's able to see real beauty, the beauty of the birds, flowers as well as own existence. He has acheived his greatest desire "to feel beloved upon the earth."​​​​​​​He then stands on the ledge, hears the "music" and "flies" into the sky.​​​​​​​His daughter enters the room, goes to the window and "sees him flying".Eyes wide open, she smiles admiringly and with love.Note: The film comes full circle, in the opening and ending scenes Riggan and Sam are present, switching from a negative to a positive charge.Now, who is Riggan? Did he fly or commit suidice?Riggan can't die. Because he is constrained by the structural themes within the film. He can't die, because his true identity is Daedalus not Icarus. The film uses Ovid's tale of Icarus and Daedalus as a kind of template. And in the myth, Daedalus - the father of Icarus, lives.​​​​​​​In the literal reality of the film, Riggan is still in bed waiting for his daughter to return. The ending is metaphorical. He never actually sees Birdman on the toilet, and he never flies out of the window.Flight is symbolic of psychological release, transcendence.Just another fantasy?And this element of fantasy has been used throughout the film. The dreamlike fantasy moments are visual interpretations of what's going on in his mind. In every fantasy moment in the film, we see that they correspond to actual events. It's a poetic way of seeing his actions.Remember when he tears his room apart? In his fantasy world we see Riggan using magical superhero powers to hurl objects. When his lawyer enters, we see Riggan is physically tearing apart his room.This also occurs in the fantasy flight scene to the theater, but in reality he took a taxi.So this fantastic moment is no different. He achieves psychological release "flight" right there in the bed.Wait, what about those sirens and sounds durig the closing credits? Doesn't that prove he commited suicide?No, it doesn't. The location is New York City, there are always sirens going off, and it's just another twist to confuse the viewer. If you listen closely you will hear Riggan laughing as he did during his first flight earlier in the film. You can also hear Sam laughing on top of that.Why is the film so confusing and what on earth does James Joyce have to do with this?!It's really too much to go into here, but the film appropriates much from Joyce. The film Birdman is self-referential. The director, Alejandro Inarruti, injects himself into the film as Riggan's character.​​​​​​​James Joyce employed this device over 100 years earlier in his novel, Portrait of the Artist as a Young Man.Joyce injected himself into his own novel as lead character named Stephen Dedalus. The original title of the novel was Stephen Hero.​​​​​​​On the very first page of Joyces novel there is a quote from Ovid's Metamorphoses (The myth of Daedalus and Icarus):If I translate that from the orgin Latin it reads -"And he turned his mind to unknown arts."​​​​​​​So the director and writers of Birdman looked to Joyce for his literary devices and his use of the Icarus myth.The film also borrows Joyce's idea of Aesthetic Arrest, which examines proper art versus improper art. This is explored throughout the film.Birdman is intentionally cryptic, and this is why there are so many layers at work simultaneously. This is the labyrinth that Joyce borrowed from Ovid. And there's never been anyone more cryptic than James Joyce for his maze is the most impenetrable of all labyrinth makers.​​​​​​In the film, the Joycean labyrinth was the theater itself, the maze of narrow hallways.​​​​​​​​​​​​​The complexity of the labyrinth was complicated by the use of mirrors.​​​​​​​The film could not exist without Joyce, because his techniques, ideas and themes are secretly and deeply embedded into the film. And this is what the director and writers are hiding from you. His name has never been uttered in a single interview, curious. James Joyce is the hidden hand within the film, the key to unlocking the riddle of Birdman.I found this fantastic film analysis on Youtube that examines Joyces influence on the film. It a scene by scene in-depth 45 minute analysis on the hidden hand James Joyce in Birdman. For those of you serious film buffs, click below to watch the video lecture.

What's an ideal agenda for a startup board meeting?

You can save some time and just have a template ;)A board deck template and advise on best practice in effective board meetings.You’ve raised funds and formality has begun. This means monthly or quarterly meetings with your Board and your newly appointed members from investors. As per their information rights, they need updates from you. Darn. Another thing to do! To help you, I’ve put together a board deck template to lighten the load.DOWNLOAD: Board deck template for seed stage startups -Why do you need a board deck template?Startup is hard and you don’t always have the answers. Fortunately, a good board is at hand to ask the tough questions, provide a sounding board as well hopefully valuable insight.As an early stage startup, you are likely going to have meetings with the board monthly, so there is no hiding. It’s expected that you will prepare material beforehand.I’m not going to write a load of boring stuff about what a board meeting is, why you need them etc. (People like Steve Blank cover this stuff to various degrees). So, take my word you will have board meetings… and that having a nice template to kick things off will be handy! Let’s get into pragmatic stuff“Board meetings are the height of insecurity for a CEO. Basically, it’s a group of people who can both judge you and fire you based on that judgment.”Jeff Bonforte Xobni (Exit to Yahoo)General advice for board deck materialDon’t spend too much time making everything perfect unless you are a public company with a thousand staff. You need to build your startup. Oli Samwer freaks out at MDs if the slides are pretty. Use my template and everything will look decent and structuredSlides should be simple and use bullet points. They are talking points – this is not an essay. The meeting is for discussionIt’s ideal to always use a consistent structure for each meeting so people know what is coming. Only change it when you reach a different point in your company that warrants it, such as moving from searching for product-market fit to scalingTargets and deliverables need to be specific and someone has to be accountable for delivering every account pointDon’t use jargon till everyone understands itMake it really clear how the board can help. Ask specifically and directly! Don’t ask for recruiting help, ask for a specific role and ideally have a JD to handYou need to ‘report’ information, but really useful meetings are forward focused on what you should do. This is where your future is, more valuable than the day before!Best practice before a board meetingSend the deck 3/4 days in advance, at minimum 24 hours and tell the board to be prepared. If directors have feedback, update your deck with their comments. Make the meeting and material dynamic, rather than purely one direction. Including tough questions to be discussed enables directors to ruminate over them and come to meeting prepared with insight. If you have all your financials and KPIs included you don’t need to run through numbers line by line which gives you time for value add activitiesSchedule the meeting a week in advance at minimum. Ensure it is in everyone’s calendar. Send a recurring calendar invite and check people accept your inviteEnsure everyone is agreement on the frequency and duration of meetings. Once a month is advisable for early companies. For later stage companies meetings can be quarterly. The meetings should be 2-3 hours long. As Brad Feld says “I think two hours is too short. But more than three hours of intense discussion will turn most brains to mush. So, you can’t go on too long either.”“Send your decks 2 days in advance so people have 48 hours to review and have everyone show up in person for it so you build a face-to-face relationship.”Brett Hurt, BazaarvoiceIf you need to discuss anything controversial, discuss this with each board member first before the meeting. You don’t want to surprise everyone on a call. No one likes suprises. There is a reason that McKinsey presentations are rubber stamp meetings. Everyone knows what they are going to sayThink critically about the agenda and your elected “focus session.” Whenever the board meeting runs over time, it is you, the CEOs fault. If you introduce too much information and talking points, nothing will really get done and everyone walks away feeling like nothing is resolvedBest practice running a meetingDon’t stand in front of everyone like you are presenting. Sit at the table next to everyone else. The board is there to support you, so don’t stage the situation that you are on show and they are there to judge you. Standing doesn’t put you in control, it puts you on the defensiveMake sure everyone is prepared. If a director is unprepared at the meeting, pause at the start and give them 10 minutes to read the update to be able to be in a better position to contribute. But it is worth being cognisant that the most incriminatory thing that can happen to a board member is realising that all of their peers prepared for the meeting and they didn’t…Assuming everyone is prepared, you can ask if everyone understands the template stuff like financials, so you don’t need to spend time on them. If there are any points people want to discuss, you can factor them in when allocating time to each topic. You don’t have to spend time on each slide, so you don’t have to act like you do. So, for your option grants, if you are happy with the allocation just ask “anyone have an issue with the grant? No, ok, let’s just approve it then.” Same goes for financials and KPIs.Immediately appoint a Secretary who takes notes. Ideally you should have a template to fill out to make things easier. The Secretary should circulate the notes and they should be agreed at the next meeting. Save all the notes in a folder– you will need to provide them to investors during due diligence at your next fundraise. Also, while you are at it, save each board deck so you can easily provide them tooGet bad news out of the way first. Pull the bandaid off. Neither the board nor you want to wait in suspense for bad news to dropIt’s ok to be vulnerable and say when you need help. The board is there to help and probably is aware of these points already. Trying to cover your weaknesses is dangerous and could result in you getting an ‘advisor role’ of your own company. The best CEOs started knowing nothing, but they learnt fastTell the board upfront in your CEO introduction what the main thing you want out of the meeting and how the board can help. That way you can ensure it gets addressed. It doesn’t have to be the first thing you discuss, but make it knownDon’t read the deck like a school room presentation to the class. Assume you are talking to bright people that can 1/ read faster than you can talk and 2/ are ready to give insight. What’s the point scheduling a meeting with ~5 people to listen to a deck they could ready on their own schedule? The meeting is for discussionBoard meetings should have structure, but not too much to stifle conversation. It’s ok to allow conversations to deviate from the agree upon structure where it is warranted. Your board meetings are about attacking hard topics, not finishing on time or following your structureYou can decide what you want to discuss. If members bring up topics that you don’t want to talk about such as doing an hour-long review of cohorts or your landing page, it’s ok to take control and say outright that you don’t want to use the board time on that. You can offer to invite them to come to the office and sit with the marketing team and discuss product marketing etc.Bring your key execs to the meeting/call if you are having a focus session. Your VP of sales can discuss pipeline, CTO the technical developments and CFO the cash situation. It also gives your leadership team the opportunity to shine and encourages them to be well prepared. Talking to the board is daunting to everyone, so leverage it. It also shows transparency and you are happy to give them creditBe frank and explicitly talk about elephants in the room. If you don’t bring them up with the board, trust they will discuss them when you aren’t thereFor highly controversial topics, it may be advisable to have your lawyer attend. They might not charge as they get face time with your investors (nice, way to hustle ;))In person meetings are best if you can. It’s easy to play with your phone when no one is watching… Where logistics are difficult, organize two calls per quarter and one in person meetingIf you are going to discuss topics which include data points you used before, include them in your deck. Some investors are on a lot of boards and it’s a waste of time to make people search their email to find the material you might reference. Make it easy for people to be ‘on the ball’ and just focus on the task at handTry get the formalities out of the way first. This is how my template is structured. Yes, you need to get through ‘approvals’ but they don’t move the needle. Once the boring stuff is done you don’t have to stress if a discussion takes a life of its own, and the ESOP allocation you promised staff doesn’t get approvedBest practice after meetingsThere should be no open topics and ambiguity about who is responsible for executing on them. If there are they should be automatically being added to the next meeting’s agenda (which is an action, per se)If a director said they will do something, expect them to do it. Follow up and make sure it happens. Add it to the next board meeting and hold them accountable! You’ll find people will make sure they don’t get called outDinner or drinks after evening meetings are encouraged. The nature of conversations can also be different. Nirav Tolia, CEO of Nextdoor recommends you do dinner or lunch before the board meeting, and include some of your VPs. This will enable you to keep the actual board meeting on time, and allow the board the opportunity to get to know key people outside the high-pressure environment of the meeting itself. You can alternative depending on availability with just one board memberOffer the board members an ‘executive session’ at the end of the meeting. This is a board meeting without the CEO in the room/call where they discuss the meeting and the key takeaways. It’s an opportunity to regularly get feedback (“How am I doing?”) about your performance, strategy, the team and general performance. This is great as you don’t want a shock when you go to investors asking for a pro-rata and they ‘surprise’ you saying they don’t want to… It may run 5 minutes or an hour, not that you care, but FYI. The board may have a lot, or very little to discuss. Don’t head into a meeting, stick around in case the board want you back. The board ex-CEO may invite you back for a debrief. An alternative is that the Chairman of the board can call and do a debriefSolicit feedback from individual board members outside of the meetings. Call each separately for 30 to 45 minutes in advance if need be so you know how they’re going to vote, what they think about the agenda, and bust any potential issues or surprises. As Albert Wenger, Union Square Ventures says “Some people are oddly quiet in group meetings. Don’t assume that means they are in agreement with everything that is said.”“Define your board relationship, goals and give them each a job. Don’t treat them like your boss”Marc Pincus, Zynga“Whenever a to-do item came up, I was always the first one to look at one of my board members and say, ‘Kevin, why don’t you handle that?’ And of course, he’d be like ‘Uh, oh, okay, sure.’ Because what else could he say? If you’re not making unreasonable requests and they’re on the board, they’re supposed to help out.”Jeff Bonforte Xobni (Exit to Yahoo)The agenda for your first board meeting after a fundraiseCongrats (or not) on closing your fundraising round! You want to start with your best foot forward and that means setting things up properly. David Teten at ff Venture Capital recommends the following agenda points to get everyone on the same page:Decide who is Secretary (typically same person at every meeting)Determine how to handle governance education for all membersVerify appropriate accounting processes in placeEstablish thresholds for board approval of actions (e.g., conflicts of interest, contracts other than day-to-day operations)Designate Audit Committee and Compensation Committee (or just individuals with those roles)Discuss profile of additional board members (if any)Determine frequency and schedule future board meetings (including annual CEO performance review and mutual board member assessment one year from now). Recommend monthly at firstDiscuss how information for board will be shared and discussed, and which technology platform if any to useReview management’s recommendation for KPIs and formal milestonesReview draft budget (by 2nd meeting at latest date)Some of this may be totally over your head, that’s cool. At least you know what needs to get done. Discuss with your lead investor and get their input in ensuring everything is done right. They will be delighted you took the initiative and will reflect maturity on your part.“Spend the first board meeting almost as a meta-meeting. Talk about what you want to accomplish in board meetings. Figure out some key metrics that you want to manage to and build a really simple (10-12 slide) board package deck that the team can fill out each time.”Brian O’Kelley, AppnexusApproach to this templateI wanted to make a board deck template for my own founders and this is it. There are some decent ones online, but I didn’t think they really suited early stage companies and they are a little more like how to guides than here you go, use it and get back to work (which I like).The best guides are from Sequoia and NextView. I’ve ripped off all their insight. I’ve also trawled the internet for all the pearls of wisdom I could find and incorporated them too (Like having a slide up front with the key goal of the meeting). So, this represents the state of the art in my humble opinion.Note – every business is different! You are going to have to refactor some slides so they suit you. Every slide in the ‘calibration’ segment needs to be redone to your KPIs. I’ve set things out pretty to give you inspiration, but it’s just inspiration. Keep things simple and try show your actuals vs plan as much as you can. Your investors want to know if you are on track or not.Note: If you are a SaaS company, there are some good metrics slides in this template deck to get inspiration fromThe template board deck slidesThought has gone into the order and content in the board deck template. Let’s go through each slide now so you understand them and the thought behind them.Section 1: IntroThis sets the scene for the meeting and ensures everyone agrees with the agendaSlide 1: TitleAdd your logo and change the date. SimpleSlide 2: Agenda / time allocationThe format is always the same so investors know what is comingThe only thing that changes in terms of content are your ‘focus sessions.’ Think critically about what they are and input a brief header for the topicMonth to month, you can change the time allocation, depending on what needs to be covered and feedback you got before the meetingSlide 3: Key goal of the meetingBest practice is ensuring one big topic is covered. This slide explicitly states: 1/ what is keeping you up at night, and 2/ how your board can specifically helpPut some effort into writing it and do some ground work. Don’t write “Finance needs to be better!” Write “I need a CFO” and add specifics.Section 2: ApprovalsMaking sure all the decisions get done before the meeting gets into the swing of thingsSlide 5: Approvals neededIt’s best to get the hygiene out of the way so you can get into the meat. Just get it done before anything elseUnder ‘Approval’ write the main point. Under note, write the approval specifically needed to be made. In the meeting just say “Do we approve the meeting minutes? Vote. Passed. Next. Do we approve the monthly budget? Mary, I know you had a concern about some expenses? Ok cool, let’s keep as proposed. Vote. Ok, passed.”Slide 6: BudgetHave your monthly budget in here in your format as you agree with the board. You do not need to discuss it. But as above, if someone wants to check it before approval, it’s there and ready so no one is looking for itSection 3: CommitmentsWhat people said they would do and did or did not. This is for both you the founder and your board membersSlide 8: CEO CommitmentsYou do not have to have this slide. For early stage companies where the board is hands on, guiding the CEO, I like to have really clear accountability. Startups are so under resourced and there is so much to do it makes for good relationships if the CEO/team does exactly what they said between each meeting. This builds trust. Over time you can remove it if you are against it. However, I think it’s really useful since it lets you have the next slide…Note I say ‘CEO Commitments.’ The implication is the CEO is responsible for the team delivering. If there is another founder on the board you can change that so two people are accountable, but make it clear who has to do things and did it (or not)Slide 9: Board CommitmentsThe CEO has to report on his monthly commitments, so why not ask the same of the boardThe board is there to work for you not just judge you and your terrible t-shirt choices. During each meeting, you should state specifically what help you need and then dole out tasks for your board to do! The best areas your board can help with is in intros and help recruitmentSo as above, write the topic, what they said they had to do and whether they did or did not do it. Enjoy Just deliver on what you said you would do to have the high-ground and cast stones at themSection 4: Big PictureTime for your big shot CEO to shine and cover updates of what is going well and what is not, as well as any comments on how the industry is evolving. Your board does not know what you know, so share succinctly the key things they need to be aware of. If you prepare well before hand, you can deliver this briefly and elicit insight from your board to get perspective. So, don’t stay on stage long. Treat it like stand-up comedy – deliver your lines and then get positive or negative feedback quickly. If there isn’t much to respond to, move onSlide 11: CEO Summary – HighlightsThe topics have been selected to cover all the main areas. Change them depending on your business. Change the next slide structure too, thenThis is what is going well. Celebrate your small wins!Fill in the topic and then the key takeaway. Be sure to add areas where you need help adding to the fire to help you double down on these wins. An example is getting someone to call and pitch a potential hire to close them. Remember to add it to next month’s commitments!Slide 12: CEO Summary – LowlightsThis is the same as the highlights, except they suck more. Be honest and open- don’t hide the bad. You need your investors to keep funding you, or putting a good word to the next bunch to do your series-AJust a little note, notice I put the names of people in brackets. I think it’s good to give credit to who fixes things as it’s illustrative of a cohesive teamSlide 13: Industry commentsYou should know everything about your industry. Share anything notable with investors. They might pretend like they know, but they really don’t (They practice looking smart)Comment anything material in terms of competition, positive and negative trends as well as customer feedbackIf your board is new, this is useful for you to build credibility (that you know what is going on)Section 5: CalibrationIn this section I tried to apply an AARRR metrics approach to go top of funnel down. Depending on your business you may need to change this whole section. It really depends on your business model. You need to cover KPIs, financials, plan vs actuals and anything specific to you such as NPS. If you are enterprise, maybe talk about sales cycles?Slide 15: Financial statusThis is about communicating your runway, revenue and growth metrics. This simple grid is a nice way to show all the key things very briefly like taking a temperatureChange the KPI depending on your business modelSlide 16: Acquisition – leadsThis is your top of funnel. VCs care about your growth and go to market. You don’t grow if your marketing sucks, so get into itI set out your key channels for customers then present this month’s plan and your performance, then the % of achievementI would do this very differently if I had your data, depends on youSlide 17: ConversionHow are you converting your leads/traffic? This comes down to your on-site optimization, sales team etc. Depending on the data you have, restructure this so it suits you. Maybe you can just copy paste a report someone in marketing sends youSlide 18: RetentionThis matters more for SaaS. If you are ecommerce, perhaps change it to ‘referrals’ or similar. What you want to do is show you attract, retain and monetize (and get referrals) from customersSlide 19: EngagementDo customers like your service? Do they use it a lot? The sign of any good business is that they do!Slide 20: ActivityWhat’s going on on the site? If you are a marketplace then liquidity matters, right? What metrics show that?Slide 21: Performance vs planShow for your KPIs the trend in your plan vs your performance. Your board really cares that you are on track. Depending on your data you can show a longer trading history, you can also show your projections and how they compare against your planned forecastsSection 6: Company BuildingThis section details the nuts and bolts of how you are executing. Sequoia has a nice write up of what they want to see in this section but it’s more for later stage companies- the template keeps it fairly simple and orientated for earlier stage companies.Slide 23: Org ChartWhat does the org chart look like, has it changed for better or worse and who do you need to hire?The RHS sets out who you are hiring for and a request for help in finding these people. VCs talk to a lot of people so if they know who you need they can bear you in mindSlide 24: Compensation and hiresThis slide depends a little on how many staff there are. Early stage you don’t have many so this suits. The slide sets out who and how much they are paid; how much they are paid and equity holding. Add people you are hiring and what you plan on paying them so the board can give their input. The start date lets them know when they are coming on boardSlide 25: Product roadmap and timelineYour product is key to your success so the board wants to know the roadmap. Everyone does this differently, so paste an output of something you are using operational, but just make sure it is high level and doesn’t have erroneous detailThis can take time to make so make sure it is something you are using for other purposes and can do easily. Ideally dedicate it to someone in product/techSlide 26: Technical Core InitiativesDon’t put the board to sleep, but set out clearly what you are doing on the tech side. Map out the key initiatives and then briefly show the status, and perhaps deadlines as well as responsibility. Discussion can be around priorities, bottlenecks and the materiality of your focus. You do not want to get into an esoteric debate on AWS; this is not what the board meeting is aboutSlide 27: Customer PipelineThis is more important for SaaS and enterprise companies where you have a sales function. Replace with something customer related if you have a different business modelThis example slide sets out who you are pitching and your status with each, as well as the materialitySlide 28: NPS and Customer FeedbackEveryone should be tracking customer experience quality in some form. For ecommerce, this is a simple NPS from an exit poll. Google has a search quality score etc.Show your NPS or similar and add direct quotes from customers. You should absolutely be talking to your customers. Having this slide will encourage you to record feedback. It’s also super to share the feedback with staff, positive and negativeSection 7: Focus sessionNow you have got through all the update, the focus sessions are the real value of board meetings. Pick 2, no more than 3, ‘hot topics’ you really want to dig into. Set out the topic and a few key thoughts for discussion points. Again, ask for how the board can helpDepending on the topic, you may add a number of supporting slides. For example, if the focus session is on a big business development deal, you might add a timeline of conversation, paste screen shots of conversations etc. The material should support discourse, not detract from itI haven’t set out template slides as it will depend so much on the topic, and if it matters to you, you will know what you want to add!ConclusionThere you have it!Here are your next steps:Download the board deck template now! Board deck template for seed stage startups -Add your logo on the first pageGo through each slide (reading my guide notes above) and restructure the deck, change the points etc., especially in calibration sectionWhen you are happy with it, send it to your Chairman of the Board, or your lead investor Partner and ask for feedback. Incorporate the commentsCirculate to the rest of the Board. Tell them you worked with the Chairman on it and want feedback and buy in to the formatUse it!

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