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"After The Term Sheet: How Venture Boards Influence The Success Or Failure Of Technology Companies."

September 5, 2005 /

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Boards of Venture Backed Companies – "After The Term Sheet" (Jaffe / Levensohn)

I recently discovered an outstanding article by Dennis Jaffe http://www.dennisjaffe.com/ (Saybrook Graduate School) and Pascal Levensohn (Levensohn Venture Partners) titled "After The Term Sheet: How Venture Boards Influence The Success Or Failure Of Technology Companies." http://www.levp.com/news/pdf/Board_Governance_White_Paper.pdf Written in 2003, this is one of the best articles I’ve ever seen of the issues and dynamics surrounding the board of a venture backed company.

The paper covers a lot of ground. It starts by exploring how the board adds value to the enterprise (through social, intellectual, and interpersonal capital) and then describes in details the attributes of successful boards, which include:

Brad Feld

Full Discussion: http://www.feld.com/blog/archives/2005/07/boards_of_ventu.html

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