Thanksgiving focus: better governance

Building a strong foundation for your startup's future

Author

Michael Morgenstern
November 21, 2023

Hey Brex community, Michael here.

As Thanksgiving nears, it's a crucial time for us in the community to focus on board management and corporate governance. Investors now view robust governance as a key sign of a startup's long-term success and growth potential.

Elevating governance beyond mere compliance involves carefully curating your boards for maturity, diverse skills and backgrounds, ensuring clear, consistent communication, and keeping board members well-informed about industry specifics. By leveraging governance as a strategic tool, you can make smarter decisions and boost operational effectiveness.

Got tips on board management and governance? Share them, and I'll feature the best ones next week!

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Emerging Manager Spotlight 🤩 

Rex Woodbury a co-founder / managing partner at Daybreak

Rex at Daybreak focuses on Pre-Seed and Seed, often as the first partner to entrepreneurs. Before founding Daybreak this year, Rex was a Partner at Index Ventures, and also writes Digital Native weekly for a community of 50,000+ readers. Daybreak partners with founders making life better for the next generation, investing in both B2C and B2B companies with the potential for viral adoption. 

Your Board of Directors is Probably Going to Fire You

One of my portfolio companies raised a round a few months ago and I left their board. So, for the first time in a long time, I am not on any boards of directors. Since I no longer have anyone speci…

reactionwheel.net/2021/11/your-boards-of-directors-is-probably-going-to-fire-you.html

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