A high functioning board is one of the most valuable resources a founder has. When done right, the board will act as an advocate and partner across a business' lifecycle. When done wrong, the board is responsible for firing and replacing the CEO. Your governance strategy is an evolution, starting out with basic oversight and transforming into a diverse decision making body that represents all stakeholders associated with a company. We’ve curated some of the best advice from our partner, Space Capital, along with insights from other top VCs to help get you started.