At any company level, the board of directors has a direct impact on the organization's product strategy, hiring, fundraising and much more. And startups have to be very selective in choosing board members who will advise the company in the right direction.  In the big company realm, both the media and the company's shareholders have questioned Yahoo's board, which continues to employ a floundering Carol Bartz as CEO and supports a bizarre product and business strategy. Then you  look at Facebook [...]

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