Startup Governance: Getting the Most from Your Board
October 14, 2013 5:30pm - 7:00pm
5:30pm - Reception
6:00 - 7:00pm - Panel Discussion
First time entrepreneurs often poorly manage boards. They rarely understand what boards expect of them or what they should expect from their board. The appropriate role of a board changes as a company matures. Entrepreneurs face inherent conflict of interests between their roles as managers and their role as board members. Venture capitalists have a wide range of views on the proper functioning of a startup board and face their own inherent conflicts of interests. As a result, startup board decision making about crucial issues such as company strategy, fundraising, compensation, and hiring and firing a CEO is often ineffective, unnecessarily contentious, and may even jeopardize an otherwise promising startup.
In this event, we will discuss the structural reasons these challenges exist and will compare the private board setting with the public board setting, where most of the corporate governance research, jurisprudence and executive education is focused.
Speakers will include Miriam Rivera (Ulu Ventures), Clint Korver (NovoEd), Anthony Soohoo (Dot & Bo), Bob Weinshenk (SIPX), and F. Daniel Siciliano (Stanford Rock Center for Corporate Governance).