Council of Board Advisors - COBA
TiE Atlanta

Portfolio Company FAQ

  • 1. Does my company have to be profitable to participate in COBA?
    • Yes, in at least 1 of the past 3 years
  • 2. Is there a minimum revenue requirement?
    • Yes - Over $1M
  • 3. Does my company have to be based in metro Atlanta?
    • Yes
  • 4. What is the cost to participate?
    • Approximately $20,000 per year
  • 5. What size company is COBA looking for?
    • 20 to 500 employees
  • 6. Has my company been around long enough to participate?
    • Your company must have been in operation for a minimum of 3 years
  • 7. What is our time commitment?
    • Four 4 hour board meetings and up to 3 years
  • 8. Can my company participate if I have board in place already?
    • No
  • 9. Why is COBA doing this?
    • By enabling Portfolio Companies to take their business to the next level, we benefit the metro Atlanta community as a whole, increase tax base, add jobs, and we all win!
  • 10. How is COBA different form a board of directors?
    • COBA advisors do not have fiduciary responsibility, they are not compensated like a formal board of directors and there are no regulatory constraints.
  • 11. What are some business areas that a COBA advisor can help me with?
    • AR/cash flow, credit line questions, hiring management teams, management team accountability, capital structure, customer concentration.
  • 12. Who is TiE Atlanta?
    • TiE Atlanta is the local chapter of the world's largest not-for-profit organization for entrepreneurs. On the web at www.atlanta.tie.org.

About the Leadership

Karen Robinson Cope
Founder, CEO, Council of Board Advisors, President & Board of Directors, TiE Atlanta

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Sandy Hofmann
Co-chair, TiE-Atlanta Council of Board Advisors, Board of Directors, TiE Atlanta

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Sue Boehlke
Ambassador Chair, TiE Atlanta Council of Board Advisors

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