Szekasy: Board members must de-escalate panic during founder crises
Nicolas Szekasy · 20VC LATAM: LATAM's Largest Fund, Kaszek Ventures on Scaling from $100M to $1BN, Why Capital is not a Source of Moat & Why LATAM is More Than Copycat Companies with Nicolas Szekasy, Co-Founder @ Kaszek Ventures · Aug 16, 2021 · at 24:01
Nicolas Szekasy, co-founder of Kaszek Ventures and former MercadoLibre CFO, discusses effective board conduct when startup founders face high-stress crisis situations.
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“If you're the board member and the team is about to collapse because there's a catastrophe, the last thing that they want is a nervous board member that is adding fuel to the fire. What they need is someone that, that is going to be there to try to calm things down and to help everybody get out of the mess. So even if it's not who you are, I think you should try to behave like this in these types of situations, because that is the way that a board member can really help a nervous team get out of a tough spot.”
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