Andreessen: Board committees prevent full board meetings from spinning out of control
Marc Andreessen · a16z Podcast | The Truth about Serving on Boards (with Diane Greene and Marc Andreessen) · Jan 2, 2019 · at 29:51
Marc Andreessen, co-founder and general partner at Andreessen Horowitz, discusses effective corporate board dynamics on the a16z Podcast.
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“What I've found is the well-run boards, the committees, larger companies, committees play an absolutely pivotal role. In fact, it is, I find it to be actually a very good structure if most of the actual work is taking place in committees because you do have a group of people who are single-mindedly focused on all the audit topics or all the compensation topics or all the governance topics. And you can really dig in. And then by the way, you can also match directors with their areas of actual expertise. And so you don't have people weighing in as much on stuff That they don't know as much about. And then so, so that helps a lot. And then that also helps keep the board meeting from spinning out of control because you don't need to go through all these issues in gigantic detail if the committees are handling the work.”
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