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Why I Don’t Like Board Observers

Both Sides of the Table

The first is a “board member.&# This is a person who had legal, corporate governance rights to vote on initiatives that require board approval. That’s what “information rights&# are for and you can promise the investor to meet 1-on-1 on a quarterly basis. Don’t get sucked in to this logic.

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VC Governance FAQ: (1) How much information are limited partners (pensions, endowments, foundations, etc.) entitled to receive from a VC fund?

Pascal's View

It’s that time of the year again– time to send out audited financial statements and K-1’s to your limited partners– which means it’s also a great time to address some of the common questions that investors raise about VC partnership governance and disclosure issues. entitled to receive from a VC fund?