Why would investors tend to favor a new business led by a management team over one headed by a lone entrepreneur?

Watch the following brief video on Why Having a Smaller Board of Directors Is Better for Business:
Why would investors tend to favor a new business led by a management team over one headed by a lone entrepreneur? Is this preference justified?  What size would your board of directors be in your new venture?  What do you think their primary role would be?
Please Note:
Be sure to relate your post to this week’s eText readings and other credible source(s) with proper APA in-text citations and references.  Failure to properly cite sources will result in a grade of zero.
When you make your initial post, please fully answer the discussion prompt and make substantive responses – i.e. at least 300 words that really dive into the topic and show that you’ve read in your texts and done research to support your opinions.
Apply appropriate examples that illustrate your points – feel free to bring your workplace experiences into the discussion. It helps us all learn when we can relate our past workplace experiences to what we’re learning here in the discussions.

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