The way you choose, run and communicate with your board says a lot about how you run your business and showcases what kind of a leader you are. Understanding who and what your business needs as well as what mentorship and development you need is important – as is the way you build trust within the board.
Remember board meetings aren’t simple business updates – nor are they a chore whose sole purpose is to keep investors satisfied. They are an opportunity for you to extract key insights and expertise: Board members are an extension of your team – they have a vested interest in keeping your company growing and succeeding – and it’s up to you to extract the best out of them.
Experts:
Jean Hammond is an active angel investor focusing on early stage high tech start-ups. She was honored with the highest award for angels in the US, the Hans Severiens Award in 2014. She is a co-founder and a partner at Learn Launch and was a founder of the Boston branch of Golden Seeds (focused on investing in women-managed businesses) and a member of Launchpad Venture Group and Hub Angels. Jean is serial entrepreneur with over 20 years experience in the high-tech industry. Her entrepreneurial activities include co-founding and managing Quarry Technologies and AXON Networks and, following 3Com’s acquisition of AXON, focusing 3Com’s WAN strategy. She is on the board of several varied companies, including Playrific, InStream Media, Peach Underneath and a member of the North American Executive Board for MIT’s Sloan School.
Nick Pappas has served as a Vice President at MassVentures since joining in 2009. He has been working with early-stage technology companies for over 15 years as an investor and as an investment banker. Nick represents MassVentures in the community as a frequent speaker, panelist, judge and mentor for various technology-focused organizations. He sits on the board of BoardOnTrack and Content Raven and is a board observer at Energid, Jebbit, Metamagnetics and OwnerIQ.
Previously, Nick was a senior technology investment banker with Oppenheimer & Co., SVB Alliant, and Canaccord Genuity (formerly Adams Harkness) both in Silicon Valley and Boston.
Hambleton (Ham) Lord has over 30 years experience in the software industry founding and building industry leading companies. Currently, Ham is the Managing Director of Launchpad Venture Group. Launchpad is a Boston-based angel group that focuses on seed stage technology companies. He manages the group’s deal flow, due diligence and investing activities. He is also the Co-Founder of Seraf, a software company that develops professional portfolio management tools for investors in early stage companies. Ham is an active angel investor and advisor to early stage companies. He is a board member for Qstream and Cambridge Trust and a board observer for Repsly, Building Engines and EveryScape. Ham co-founded data visualization vendor, Advanced Visual Systems and helped launch two computational chemistry companies, MicroChem Technologies and Polygen. These companies were early developers of drug discovery tools, and were part of an industry wide acquisition roll-up that resulted in Accelrys.
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