Adcock: Retooling Archer's Board for NYSE Independence Rules Was a Mistake
Brett Adcock · Avoiding an OpenAI Fiasco by Successfully Building Your Board · Nov 20, 2023 · at 16:27
Archer Aviation founder Brett Adcock discusses governance hurdles when transitioning a private startup to a publicly listed company on the NYSE.
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“I took my company public on the New York Stock Exchange. You have to have the majority of all your board seats be independent. So I had to basically retool my whole entire board at Archer when I went public. And it was a, you know, I made like a, basically looking back, like a ton of mistakes.”
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