Startups should complement VC-heavy boards by adding an independent CEO director
Andrew Parker · 20VC: Investing Lessons From Fred Wilson and Brad Burnham @ USV, How CEO's Can Operationally Utilise Their Board & The Single Most Important Quality of A CEO with Andrew Parker, General Partner @ Spark Capital · Jan 29, 2018 · at 13:46
Andrew Parker, General Partner at Spark Capital, discusses how career venture capitalists can complement their lack of direct operational experience on company boards.
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“So when I make initial investment in the company, I always tell the founder exactly that. And I tell him that the best way to compliment me on the board is to add an independent director to the board. That's either a current or recovering CEO. That can help with more operational experience.”
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