SaaS & Startupintermediate
Board Observer
Definition
Someone who can attend board meetings and give input but cannot formally vote on decisions.
Why it matters
A board observer lets an investor stay close to your business without taking voting control, a lighter alternative to a board seat.
Example
A smaller investor takes a board observer role, attending meetings without a vote.
Related terms
Learn the language of business - and build the systems behind it.
Rich Girl Systems turns 1168+ founder concepts into a step-by-step programme with daily challenges, XP and your own assistant.
Take the free founder quiz