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BUS 59 — The Effective Startup Board Member

Quarter: Fall
Day(s): Thursdays
Course Format: On campus
Duration: 10 weeks
Date(s): Sep 29—Dec 8
Time: 7:00—9:00 pm
Drop Deadline: Oct 12
Unit(s): 2 Units
Tuition: $535
Status: Open
Please Note: No class on November 24
Fall
On campus
Thursdays
7:00—9:00 pm
Date(s)
Sep 29—Dec 8
10 weeks
Drop By
Oct 12
2 Units
Fees
$535
Open
Please Note: No class on November 24
Every startup must have a board of directors. How effective and useful the board is to the CEO, employees, vendors, customers, and investors is dependent on how qualified and trained the people on the board are and how well they work together. Startup failures are frequently attributed to decisions that the board of directors did or did not make. Board members are the ones who make the most important financing, hiring, scaling, exiting, and ethical decisions for every startup.

Although the board of directors has a great deal of power, there are also personal liabilities. This course will help current and potential board members of startups become more aware of the rules, tools, and resources they have to do their job.

In this course, we will break down the job into understandable pieces. Each class meeting will be a combination of instructor lecture and guest speakers, and topics will include compensation issues, hiring and firing, financing decisions, bankruptcy, M&A, and IPO exits. Whether you are the founder of a company just setting up your first board of directors or you are an experienced board member with years of startup service, this course will help you be a more effective and resourceful member of the board of directors.

Carol Sands, Founder and Managing Partner, The Angels’ Forum and The Halo Funds

Carol Sands started her career working for large companies but switched to owning and running startups in the 1980s. She founded The Angels’ Forum, a group of professional private equity investors, in 1997. The Halo Funds, a Silicon Valley-based venture capital fund, raised its first fund in 2000 and is currently investing from Halo III.

Textbooks for this course:

No required textbooks
DOWNLOAD THE PRELIMINARY SYLLABUS » (subject to change)