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20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Mastering Board Dynamics: Effective Strategies for Founders
Founders should focus on controlling the agenda of board meetings by preparing in advance and communicating with board members about topics to discuss. Ensuring board members complete pre-reading materials is essential, as their lack of preparation reflects poorly. Engaging board members beforehand can help clarify what needs to be addressed in meetings, allowing for a more productive use of time. When selecting board members, prioritize relevant experience and practical knowledge over mere board tenures in order to create a diverse and effective governance team. Successful board members display wisdom, practicality, patience, and responsiveness, contributing to the company's growth while also challenging management. Founders should learn from past experiences, like the importance of understanding customer needs before product development, to avoid common pitfalls in their journey.
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