Hinrikus: Startup boards dominated by VCs are ineffective
“The things that I don't like about boards, they oftentimes become way too big, way too quickly. You know, your C round investor takes a board seat, your A round investor takes a board seat, your B round investor takes a board seat, your C and D. So you end up …”
Assaiante: High-stakes performance cannot exceed the quality of practice
“You cannot perform on game day. You cannot present in the boardroom any better than you can in practice.”
Rosati: The Most Effective Boardroom Conversations Often Happen Outside Formal Meetings
“And I find from a leadership style, and I have been there where I can get sometimes the best conversations outside the boardroom.”
Sacks: Excessive funding creates boardroom warfare between early and late investors
“Well, to Freeberg's .1 of the downsides of taking all this excessive capital at these ridiculous valuations is that it produces a dynamic in your boardroom where your board members are at war with each other. The late stage investors are going to be at war wit…”
Spruill: Late-stage VC creates boardroom conflicts due to misaligned fund lifecycles
“The problem is the longer you go into the capital structure raising money before you make money, a weird thing happens in terms of your investors. You get to this point where your VCs are on the other side of the, ah, time horizon from you, right? So you're bu…”
Conant: Vigorous boardroom debate protects companies from Wall Street and activist critics
“The key is to create a culture where all points of view can be heard, and where people are comfortable enough to share them, and that's what we had at Campbell when I was there. We had people that we would go toe-to-toe, and we disagreed on some things, but yo…”
Meir: Informal social gatherings yield more board value than formal meetings
“Whatever you do, a dinner or tour, I would always plan, and we actually do it every single time, takes a bit more time, You have to commit to kind of travel a bit longer than just three hours to a board meeting, but you get way more value out of it than just k…”
Gordon: Most boardroom attendees never say anything useful
“You know, my experience in boards, most people who sit in a boardroom don't say a single useful thing, you know, so if there's only five useful things, if the goal, the high watermark is five useful things in three hours, and when there's five board members, n…”