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What Do Boards Actually Do?

Both Sides of the Table

Boards are not appointed to be founder-friendly lapdogs for the 1–3 founders who start companies and usually own the largest equity positions in the company. Executives run the day-to-day so often the board is more involved as a sparring partner at key intervals. The administrative work we actually do at board meetings?

Startup 217
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Ross Levinsohn leaves Yahoo

Tech Zulu Event

Yahoo is an amazing brand and company, and I leave knowing we did all we could to help inform and entertain more than 700 million users each month. million in salary and target bonus, plus 175,000 restricted stock units or RSUs, and an option to buy 400,000 shares at a price determined by Yahoo’s compensation committee.

Yahoo 74
Insiders

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Interview with Clark Landry, Maple Media

socalTECH

Los Angeles-based Maple Media (maplemedia.io) recently announced a big, $30M funding from Shamrock Capital, to assemble a collection of mobile applications in the utility, productivity, games and entertainment verticals. They're an elite private equity firm, and what's even better is I can literally walk from my house to their office.

Media 153
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How to Work with Lawyers at a Startup

Both Sides of the Table

When to get a lawyer - If you plan to be a venture or angel backed technology company (what I mostly write about) the best time to start meeting and getting to know lawyers is long before you ever start your company. I write about some of the lessons in my post on Startup Mistakes. Many people start companies arse backwards.

Startup 318
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Biotech Roundup: ASCO, BIO, Drug Setbacks, Incubators & More

Xconomy

BIO president and CEO Jim Greenwood (pictured), a former Congressman-turned-lobbyist, told an audience, “We are fighting back,” and unveiled plans to put some of the blame for high drug prices on insurance companies. The new prices don’t reflect rebates and discounts.