Karen Page: Venture Boards, Founder Governance, and the Path from Startup to Scale
Description
(0:00 ) Intro
(1:25 ) About the podcast sponsor: The American College of Governance Counsel
(2:12 ) Start of interview
(3:01 ) Karen's origin story
(3:44 ) Early Career and Transition to Technology
(5:40 ) The Dot-Com Era and her time at Brobeck and later at Orrick.
(8:50 ) Her transition to Prosper Marketplace (Chris Larsen's company)
(9:40 ) Her time at Box, Inc. and Apple *Reference to E179 with Jack Lazar
(13:14 ) Her journey to Venture Capital.
(14:16 ) Joining B Capital (in 2019) and the firm's investment focus
(16:16 ) The nature of B Capital's partnership with the Boston Consulting Group (BCG)
(19:32 ) Governance in Early Stage Companies
(20:42 ) Her role as a board partner of her firm. *Reference to VCBA program
(23:22 ) Building Trust in Governance "It starts on day one. And that trust is just, is literally earned through every conversation, every interaction, and certainly every board meeting."
(25:41 ) Founder-Friendly Terms and Market Changes
(28:43 ) The Importance of Governance During Crisis
(31:52 ) CEO Succession and Leadership Transition
(37:45 ) Advisory Boards vs. Fiduciary Boards
(40:06 ) On board observers
(44:08 ) Board Committees and Their Evolution
(48:10 ) The Debate: Stay Private or Go Public
(51:37 ) Books that have greatly influenced her life:
- Annie Duke's Thinking in Bets (2018)
- Ray Dalio's Principles (2017)
- Shoe Dog by Phil Night (2016)
(52:00 ) Her mentors: David Geyer (Brobeck), Aaron Levie (Box), Howard Morgan (B Capital)
(52:48 ) Quotes that she thinks of often or lives her life by: "never cut what you can untie". And the other is "never confuse motion with progress."
(53:03 ) An unusual habit or an absurd thing that she loves.
(53:25 ) The people she most admires
(55:50 ) Diversity on Boards in Venture Capital
Karen Page is a General Partner and Board Partner at B Capital. As a Board Partner, she collaborates with portfolio company leadership, B Capital’s investment team and the firm’s network of advisors to provide best-in-class strategic guidance
You can follow Evan on social media at:
X: @evanepstein
LinkedIn: https://www.linkedin.com/in/epsteinevan/
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Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License























