board

“You know, 83% of boards actually look for a very defined set of skill set.”

“Know what your value proposition is, and write it down, and actually have that five minute elevator pitch in your head, because if you can't articulate the value proposition to that board, then the conversation doesn't start.”

“Cause the CEO is much more likely to open up to someone not on their board for sure.”

“I think the younger the company, like, and I think Larry, Larry, with your board has been an example of this, like, the younger the company, arguably, the more helpful the board can actually be, because you really are, it is a small team of people, you know, t…”

“The board eats whatever you serve them, and so you are the one that's preparing the meal and putting it in front of them, but you know, if you put up a slide with a bunch of numbers, they're going to ask you about every single number on that slide, right?”

“It's more that in the boardroom, It keeps the conversation on that topic much more honest, and it forces the management team to become much more prepared, because the, they know they can't snow the director on that particular topic. Maybe they can snow the oth…”

“What we see is that, that, like earlier, I was talking about the CEO board level and then CIO chief security officer, We see that the CIOs and the chief security officers, they understand that, that they've likely been breached and they're very into monitoring…”

“The one challenge of boards, and this is true, and this is one of the challenges performance wise, is boards are often too late to understand what's going on in a company, right?”

“The combined board will never know more than you can balance on a pin hat of the company, and they shouldn't. That's for the CEO to know.”

“I mean, I had the exact same conversation with my board many times, you know, long before the IPO. Like, hey, listen, when it comes time for, don't ever have any conversation behind my back about it. Just come tell me you're not the guy anymore, and I'll, like…”

“So being transparent doesn't mean telling your board everything. Right. But it means making sure that there are no surprises.”

“I'll tell you, it's so analogous to the way a founder and Will work with the investors, right? The VC, the board. It, it's up to you to manage that relationship. It's up to you to set the terms.”