Board Composition
topic on 2 shows · 2 statements across 2 episodes
2 statements about Board Composition, every show
Adcock: Hidden Contract Clauses Can Strip Fired Founders of Voting Rights
“Basically like, you know, like layman's terms, if you get fired, you lose, you can basically lose your common votes for governance purposes. These are kind of hidden in your transaction agreements. So the investor rights agreements, right at first refusal, co-…”
Silicon Valley has erred too far toward founder-friendly boards
“I think we in the Valley have probably erred to on the side of founder friendly, and especially given, you know, companies are staying private longer as almost 10 to 11 years before they go public. I think the board composition really needs to adapt from Not j…”