JOURNAL ARTICLE

How Venture Capitalists Can Become Effective Board Members.

  • Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Grant, Jackie 3 of 3

Abstract

This article discusses the importance of venture capitalists serving on boards of the companies they invest in. It highlights the lack of formal onboarding processes for new investors and provides seven tips for becoming effective board members. These tips include assuming a powerful position, prioritizing relationships, recognizing the power of ownership, avoiding a mindset focused solely on due diligence, setting intentions for board meetings, finding mentors, and embracing diversity. The article emphasizes the benefits of mastering the boardroom, such as improving company performance and building one's brand as an investor. [Extracted from the article]

Additional Information

  • Source:Harvard Business Review Digital Articles. 2024/09, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • Accession Number:179982127
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