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What if you see juicy competitor information?

Berkonomics

Most CEOs want to obtain information about their competitors in the most subtle and non-obvious ways. And of course, most are willing to trade information to get information. The source of this information was typically the purchasing decision-maker for a friendly customer or candidate customer.

Examples 156
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What if you come across juicy competitor information?

Berkonomics

Most CEOs want to obtain information about their competitors in the most subtle and non-obvious ways. And of course, most are willing to trade information to get information. The source of this information was typically the purchasing decision-maker for a friendly customer or candidate customer.

Guide 243
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What’s the minimum information to give your investors?

Berkonomics

Every investor wants regular information from companies taking their money. And most of us investors are frustrated by the lack of regular communication – unless of course – the company needs more money. How much financial information must our companies give? More will attend, and all will feel included.

Class 120
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Why You Don’t Want to Give Financial Information to All of Your Investors

Both Sides of the Table

I have blogged about some of the downside consequences of the changes and the private information I have says the consequences are much worse than is reported in the press since few people publicly talk about. There’s another issue I can add to your list of things to be aware of – information rights. You betcha.

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How much information do you give to investors?

Berkonomics

There is a natural fear of giving too much information to investors after the initial investment is received. CEO’s worry that investors will not keep the information confidential and that financial data will find its way into competitors’ hands.

Class 202
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Make informal advisors part of the team.

Berkonomics

Whether you find advisors from family, friends, faculty or fellow managers, great advisors can become an informal resource that rivals that of more formal resources, including board members. We work for food” is a common mantra for such friends who are willing to provide such informal services.

Email 153
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Your board should protect you!

Berkonomics

Either way, I have seen many instances over the years of my board service with VC’s on the board, which the VC’s have had information about other firms that would be classified as confidential – that they offered at least piecemeal in a board meeting of another company where they serve. Of course they should not.

Class 282