Rascoff: Domain expert directors keep management honest and thoroughly prepared
Spencer Rascoff · a16z Podcast | How to Lead, Not Manage Your Board · Jan 2, 2019 · at 11:21
Spencer Rascoff, former CEO of Zillow, discusses board composition and the value of domain-specific directors during an a16z podcast panel on board management.
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“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 other couple of directors, because they're, you know, whatever, they're sort of at 10,000 feet or 50,000 feet, and they don't really understand the particular area. But at least there's one person in the room that can call bullshit on, you know, that subject area.”
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