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Building a Strong Board of Advisors

December 16, 2020 @ 1:00 pm - 2:00 pm

A board of advisors can provide more than just fundraising opportunities. It can enhance your startup growth and overall management.

Join Elevate Ventures and Velocities for Building A Strong Board of Advisors, a 101 overivew for your startup or business. Learn how to structure and get the most out of your meetings, explore what purposes a BOA can serve, and how to pick the right advisors. We’ll be sharing agenda and reporting templates from accelerators like Y Combinator and Techstars and discussing what a transition from a board of advisors to a board of directors looks like.

We’ll also hear from angel investor Mark Stephens who can give insight into what advisors do or do not want to hear during board meetings.



Cy Megnin has been an entrepreneur, founder and advisor for the past two decades. Past companies include Intel Capital portfolio company PrepFlash, an AI company that uses NLP to automatically create flashcards from any content, and CloudCoreo, a configuration management company that garnered investment from Microsoft and ultimately sold to VMware. Cy was in the 2014 class of “Forty Under 40” for Professional Remodeler Magazine at the helm of the long-running real estate investment firm OCPS and was twice-featured on TLC’s hit TV show “Flip That House”.

Mark Stephens is a seasoned angel investor from Chicago Illinois. He is currently the Managing Partner of Canal Capital Advisors LLC, an investment acquisition and management firm specializing in early-stage funding for a portfolio of fast-growth companies. He has years of experience working with startups and in enterprise growth and risk management.


December 16, 2020
1:00 pm - 2:00 pm