ARTICLE
21 October 2015

Balancing Loyalties For VC Fund Directors Serving On Portfolio Company Boards (Video Content)

FL
Foley & Lardner

Contributor

Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
When a venture capital fund invests in a portfolio company, it does so through contractual rights, which often includes the placement of a VC fund director on the board of the directors of the portfolio company.
United States Corporate/Commercial Law

When a venture capital fund invests in a portfolio company, it does so through contractual rights, which often includes the placement of a VC fund director on the board of the directors of the portfolio company. While everyone wants the portfolio company to do well, there is a risk for reasonable minds to disagree. In this video, Foley Partner Courtney Worcester discusses how she helps companies and VC funds to strike the right balance.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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