Clark: Oracle used board seats and notification rights to block tech competitors
Tyson Clark · a16z Podcast | Dealing with Corporate Dealmakers -- When to Talk to Corp Dev · Jan 2, 2019 · at 15:49
Tyson Clark, former Oracle corporate development executive and Andreessen Horowitz partner, discusses tactics large tech companies use during strategic startup investments.
“We did a number of strategic investments at Oracle, and, you know, I think the way the mechanisms that we use to keep our competitors at bay with our, with the companies that we're investing in are mechanisms like, you know, board seats, or we'll ask them to provide financials on a quarterly basis, or give us, you know, first route of notification in a, in an acquisition scenario.”
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