Breakout 2 – Secrets of Successful Boards: From Boardroom Psychology to Board Composition to Boardroom Mechanics

Entrepreneurs and venture capital investors often focus primarily on product development, scale and revenue generation, and less on the challenges associated with sitting on a company board. But ignoring board psychology, composition and mechanics can be a mistake. This session examines best practices for populating and managing a portfolio company board of directors. The session will also address a range of important governance details that often fail to receive appropriate attention, including the best form for taking minutes, whether and how directors should take and retain notes, when and how directors should recuse themselves from certain board proceedings, procedures for managing information when directors have certain conflicts, and procedures for managing observer rights.

 

Session Material:

• The Secret to Making Board Meetings Suck Less
• Preparing a Board Deck
• The Evolution of Corporate Governance: 2018 Study of Inception to IPO
• Corporate Governance Update: Directors’ Notes: A Trap for the Unwary?
• KT4 Partners LLC v. Palantir Techs. Inc.: Navigating the Choppy Waters of Stockholder Inspection Demands
• MoFo – Stockholder Inspection Demand
• Preparing a Board Deck
• Should All of Your Management Team Attend Board Meetings?
• Should You Allow Board Observers on Your Startup Board?
• What Makes a Great Independent Board Member?
• Who Should be on Your Startup Board?
• A Field Guide to Identifying and Integrating Independent Board Members