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Startup Board Meeting Template

The pre-read, the decision requests and the minutes, plus the register that says who can actually approve each item.

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Decision Requests

[Company] board meeting, [date]

The agenda, written as requests. Anything that cannot be written this way is reporting, and it belongs in the pre-read.

Decision 1

The decision, in one sentence: Written so that yes and no each mean something specific.

Who approves it: From Authority Map, with the clause. Management, the board, or the board plus the separate written consent of the preferred holders.

Why now: The date or event that makes this a decision for this meeting.

OptionThe case for itThe case againstWho argued for it
A
B
Do nothing

Recommendation: Yours, with the reasoning in three sentences.

If the answer is no: What happens instead, and by when.

Reversibility: Cheap to undo, or not.

Time requested: __ minutes. Total the minutes across the decisions and compare them to the length of the meeting.

A board meeting is expensive and most of it is reporting. Ardwick Systems, a fictional sensor company, held four two-hour meetings in a year. Of those 480 scheduled minutes, 374 went on presenting material the board had already been sent. Decisions got 58 minutes across the whole year, about fourteen and a half a meeting. The fix is not a shorter deck. It is one question asked of every item before the agenda exists: who can actually approve this.

There are three answers. You, which means it should not be on the agenda. The board, by a vote at a quorate meeting or a consent every director signs, since Delaware's corporation law makes a majority of directors a quorum and requires unanimity to act without meeting. Or the board plus the separate written consent of your preferred holders. Ardwick checked twelve recurring matters: five were the chief executive's alone, four needed the board, and three needed more than the board.

That third list is in your own certificate of incorporation. The NVCA model charter reserves debt above a threshold, changing the number of board seats, adopting an equity plan and amending the charter, and offers language voiding an act taken without that consent. Ardwick approved $1.4 million of debt against a $500,000 threshold with the board alone. This pack writes that list down once, then builds the agenda from it. The investor update template covers the monthly note to everyone else.

Every document in the pack

The Authority Map, the Action Register, the Metric Pack, and the agenda as decision requests.

Authority Map

Ardwick Systems. One row per recurring matter, routed off the signed charter.

MatterWho approvesThresholdBrought to the board
Pricing changes to list priceManagementNoneYes, twice
Hiring below VP levelManagementInside headcount planYes
Annual operating budgetBoardNoneYes
Contracts above the delegated limitBoard$250,000 a yearYes
Indebtedness for borrowed moneyBoard plus preferred consentAbove $500,000Board only
Changing the number of board seatsBoard plus preferred consentAny changeBoard only
Adopting an equity compensation planBoard plus preferred consentAny adoptionNever brought

Twelve matters arose. Five did not need the board, three needed more than it, and one of those three reached nobody.

Action Register

23 actions across four meetings. Nine closed.

ActionOwnerOpenedCarriedStatus
Recruit and seat an independent directorCEOQ13Open
Look into the pricing questionNoneQ13Open
Size the option pool for 18 monthsNoneQ13Open
Draft a delegation of authorityCFOQ21Closed Q3
Benchmark executive compensationNoneQ22Open
Resolve the preferred consent on the debtCFOQ30Closed Q3
Bring a decision on the entry tier priceCEOQ31Open

Five rows had no owner. None of the five closed. Nine of the eighteen with a name against them did.

Metric Pack

Definitions held constant between meetings. Restatements disclosed in the pre-read.

MetricThis quarterPriorPlanVariance
Recurring revenue$1,940,000$1,806,000$2,050,000−$110,000
Customers146139152−6
Net revenue retention108%111%112%−4 pts
Cash$4,120,000$4,660,000$4,050,000+$70,000
Net burn a month$180,000$186,000$195,000−$15,000
Runway22 months2520+2
Units activated4,1803,6404,400−220

Cash fell $540,000 across the quarter, which is three months of the $180,000 net burn beside it.

Decision Requests

Ardwick Systems, Q4 board meeting

Decision 2 of 3

The decision: Approve the 18 month plan at the slower of the two hiring rates modelled, holding headcount at 34 through Q2.

Who approves it: Board. Bylaws, no preferred consent required.

Why now: Offers for four open roles expire on 20 January.

OptionThe case for itWho argued for it
Slower hiringRunway to 22 months against a plan of 20CFO
Plan rateHolds the units target of 4,400CEO
Do nothingDecide after the Q1 pipeline reads outPreferred director

Recommendation: Slower hiring. The 220 unit shortfall this quarter was demand, not capacity, so four more people would not have closed it.

If the answer is no: The four offers go out in January and runway falls to 19 months, below the plan floor.

Time requested: 20 minutes. Approved 4 in favour, 1 abstention, recorded with the reason.

What's in the pack

01

Authority Map

One row per recurring matter, the body whose approval it needs, and the clause in your own charter that says so.

02

Decision Requests

The agenda as requests: the decision in a sentence, the approving body, the options with the case for each, and what happens if the answer is no.

03

Pre-read

Everything the board would otherwise be told out loud, under 1,200 words, sent four working days ahead of the meeting.

04

Board Narrative

The three or four paragraphs a director should be able to repeat afterwards, with what went wrong above the outlook rather than below it.

05

Minutes Draft

Written from the decision log rather than a transcript, recording the resolution, the approving body, the vote and any recusal.

06

Metric Pack sheet

Six to eight metrics with the definition as computed, this period, prior period, plan and variance, held constant between meetings.

07

Action Register

One row per action with an owner by name, a date, and how many agendas it has survived. A row with no name is a note.

08

Decision Log

What was decided, by which body, on what authority, whether a consent was needed, and what the decision turned out to be worth.

How to use it

  1. 1

    Open in River, or download it

    Install the pack in River so the agent can work from your own meetings, or take the blank Word and CSV files away and fill them in yourself.

  2. 2

    Send the meetings and the charter

    River times your last four agendas against what they produced, and reads your certificate of incorporation for the matters that need more than a board vote.

  3. 3

    Route every item, then write the requests

    Each matter lands in the Authority Map with its clause. Anything management can decide leaves the agenda, and the rest becomes a decision request.

  4. 4

    Send the pre-read, then minute the decisions

    The pre-read goes out four working days ahead. Afterwards the minutes are drafted from the decision log, so they take minutes rather than a week.

Frequently asked questions

Is this template free?

Yes. The whole pack downloads as Word documents and CSV sheets with no signup and no credit card. "Edit with AI" is the optional path where the agent reads your past meetings and corporate documents and fills the sheets in. The other packs sit in the template library.

What format are the downloaded files?

Word documents (.docx) for the pre-read, decision requests, narrative, minutes and method document, and CSV (.csv) for the four sheets, zipped together. They open natively in Word, Pages, Google Docs, Excel, Numbers and Sheets, with nothing to convert.

What does 'Edit with AI' actually do?

It creates a free River account and installs this exact pack as a private workspace. The agent opens ready to read your last few board meetings and your corporate documents, and it builds the authority map and the action register before drafting any agenda.

Is this legal advice about my charter?

No. The pack records which body your own documents say approves each matter, with the clause, so the question stops being answered from memory. Where something has already been done on the wrong authority it says so and routes it to counsel, which is the point at which a lawyer is worth the money. The same charter's investor obligations sit in the information rights pack.

Where does the board deck fit?

The pre-read replaces it. If your board expects slides, generate them from the narrative and the metric pack afterwards so the two cannot disagree, and send them as reference material. Sending both means the deck gets read and the pre-read is wasted.

Who is this template for?

Founders of venture-backed companies with a real board, usually from the first priced round onward. It fits alongside a startup workspace. If you are reading the terms that created the board, the term sheet explainer covers those.

Does an option grant need to go through the board?

Yes. Granting equity is a board decision under Delaware law, needing a specific consent for the recipient, share count and strike price, not just a mention in the minutes. Track the consent itself, the vesting math and exercise deadlines in the option grant administration pack, separate from this pack's own decision log.

Run a board meeting that produces decisions

Download the blank pack as Word and CSV files, or open it in River and have your last four meetings timed and your charter read first.

Edit with AI