Life certainly seems easier for startups that have financial backing, but therea4ぎa4г a hidden downside: Board meetings. Serial entrepreneur Brent Constantz, founder of Calera and other firms, says the time management issues that come with having a board can debilitate a company in this Entrepreneur Thought Leader Lecture given at Stanford University. That time can be better spent fulfilling the companya4ぎa4г vision, he says.

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Tags: Stanford University

Tags: Stanford University

Chris Morris is editor of the Entrepreneur Corner on VentureBeat, helping start-up business owners launch and grow their companies. He previously worked at Yahoo! Finance, where he was managing editor, and as director of content development at CNNMoney.com. He is also a widely respected journalist in the video game and technology fields, whose work has appeared in Variety, CNBC.com, AOL and Forbes.com. Follow him on Twitter at @MorrisatLarge

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