Three upgrades for startup and venture capital governance
In recent months, the news has been filled with examples of unethical and sometimes criminal behavior occurring across the technology industry, inside startups, and inside investment firms. This is a wake up call for VCs and entrepreneurs to put more time and effort into culture, values, and better governance systems at the earliest stages of startup formation.
If you want a more detailed examination of the issues, I recommend this Stanford GSB “Closer Look” paper entitled Governance Gone Wild: Epic Misbehavior at Uber Technologies.
Rather than pile onto the mountain of negative news about the technology industry, it’s time to roll up our sleeves and work on solutions.