Founder-led Companies and Board Governance: Data on the Board of Director Perspective

Of the 33 IPOs in Silicon Valley in the past year, 31 had a founder in the role of CEO/Chair.  Fully one-third of the 150 largest public companies in Northern California are now led by Founder/CEOs.

Founder-led companies benefit from their leader’s entrepreneurial spirit and clarity of vision. Founders have passion, focus, creativity and drive.  But do they have the experience and the business skills to lead their companies after the IPO?  Will investor interests be protected in companies where Founder/CEOs have voting control?

SVDX recently held a webinar with speakers Maureen Farrell, Ken Goldman, Christine Russell, and Maggie Wilderotter (moderated by Mark Lonergan) that discussed the model of the Founder/CEO from the standpoint of board service and board governance.

To access some of the data provided by Lonergan Partners around the board of director perspective, click here. There is also more information on the Lonergan website here.

To view a recording of the webinar discussion, click here.