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Your board should protect you!

Berkonomics

All other board functions are secondary. Even venture capitalists who sit on boards where they have significant investments often forget this point. Actually, there are two legal duties of board members. Second is the duty of loyalty… …Loyalty to the corporate person, not to the shareholders who elected the board member.

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The Pre-Board Board: How to Create Accountability Before You Give Away a Board Seat

This is going to be BIG.

Typically, investors don’t take a board seat until you raise your first equity round—which means that it could be *years* before you have a real board meeting: A year of nights/weekends work researching, prototyping, and fundraising. The structure of the meeting should follow some kind of document.

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How to Win Consulting, Board, and Deal Roles with Private Equity and Venture Capital Funds

David Teten VC

Would you like to work with private equity and venture capital funds? There are relatively few jobs directly inside private equity and venture capital funds, and those jobs are highly competitive. However, historically most private equity professionals were former investment bankers and other finance professionals. Thomson One.

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Klarity lands $18M to read scores of documents so you don’t have to

TechCrunch

Reviewing repetitive documents is, well, repetitive, but Klarity believes people don’t have to do all of that and is building an artificial intelligence tool, targeting finance and accounting departments, that turns documents into structured data. Document automation is not a new concept. Image Credits: Klarity.

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Getting serious about Series B: 3 documents that will help founders control the narrative

TechCrunch

Gaetano Crupi is a partner at venture capital firm Prime Movers Lab. He serves on the boards of OCEANIX, Atom Computing, Conscious Cultures and MycoWorks. I have spent most of the last two years investing at Series B and helping portfolio companies prepare for this first “growth-y” round. Gaetano Crupi. Contributor.

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Current State of Angels and Boards of Directors

Angel Capital Association

Angels often make their first real impact post-investment by helping a portfolio company develop a “real” Board, by insisting on documented processes, key metrics and measures and a more rigorous approach to corporate oversight and accountability. In the latter case, returns improved by 20%. with an average of 5.7

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Who Should be on Your Startup Board?

Both Sides of the Table

One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business. This is smart because amazing board members can be transformative with important advice and access and can also help attract other great board members (and team members).

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