Silicon Valley Operator Jason Lemkin Dishes on VCs Missing Board Meetings
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Impact of the Pandemic on VC Board Meetings
The chapter explores how the pandemic has led to a decline in the frequency and importance of VC board meetings, with VCs becoming overwhelmed by the rapid growth in valuations and investments. This shift to virtual communication has resulted in startups prioritizing less on holding regular board meetings, potentially neglecting fiduciary duties towards investors. The conversation also touches on the rise of operator-led funds, the importance of track records for GPs, and the evolving dynamics between VCs and founders in managing investments.
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