Lynn: LendingClub founder demanded she take board seat before signing term sheet
Rebecca Lynn · VC Fireside Chat // Rebecca Lynn, Canvas Ventures (FirstMark's Data Driven) · Jul 13, 2017 · at 17:09
Rebecca Lynn recounts how she joined the board of LendingClub, describing founder Renaud Laplanche's condition when Canvas Ventures issued their term sheet.
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“And when we handed him the term sheet, he's like, I'll sign it, but only if Rebecca's the board member.”
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