1. How do venture capital boards differ in composition from the boards of companies that have been bought out?
3. Why would a board have special voting rights? How do these address some of the basic tenets of private equity?
5. From the venture capitalist’s viewpoint, what are three reasons for staged financing?
12. Why is consensus building such an important part of a board member’s work?
14. Why would limited partners countenance their GPs putting more money into a struggling company? How does that differ from a bank’s response to a company’s difficulties? How does that help explain the differences between the sorts of companies that take VC investment as opposed to those that take bank debt?
